Managers of Wealth

From LIBOR to SONIA: a bridge to the future by Andrew Hauser

We’re here today to talk about what it will take to get your business ready to transition away from LIBOR.

Surge in South Africans weighing up options to leave the country

Montenegro enquiries increased by 25% in Q3 compared to Q1, and St. Lucia enquiries increased by 46% in the same period, it said.

HSBC fund chief on re-energising a business in the Covid era

Nicolas Moreau faces multiple challenges in transforming the asset manager while the parent bank undertakes restructuring

Offshore Millionaires Become Target of Argentina’s Wealth Tax

Tax would apply to wealthy Argentine citizens living abroad

Oppenheimer Announces Pricing of Senior Secured Notes Offering

The Notes will not be registered under the Securities Act or any state securities law

CaixaBank and Bankia Boards of Directors approve merger plan to create Spain’s leading bank

The Boards of Directors of both banks have approved the exchange ratio of 0.6845 new CaixaBank ordinary shares for every Bankia share.

Societe Generale Securities Services partners with Société Générale Cameroun

Société Générale Cameroun and SGSS will now provide securities custody services from this local platform.

Swiss Banker's Ties to Ruvercap Run Deep

According to the criminal complaint, roughly 80 million euros were to remain on the books of Batagon, the company which bought the battery factory three years ago.

Brexit countdown: Big changes are coming on 1 January 2021 whatever happens as negotiation tensions rise

This note provides a brief update on prospects for a deal, the implications for business with or without one and where to find more information and assistance to navigate the changes.

Julius Baer to propose payout of second tranche of 2019 dividend; advanced discussions to resolve the FIFA matter

The Bank is currently in advanced discussions with the DOJ about reaching a resolution in such matter, which may result in the payment of a double-digit million US dollar amount.

Weekly Tax Brief - 15 September 2020

HMRC’s new policy on cancellation fees and early termination charges threatens telecoms and motor vehicle finance businesses with backdated VAT assessments, and the risk may spill over into compensation payments in other sectors.

Singapore industry tie-up to offer asset management training

Under the first phase of the collaboration, the parties are launching an asset management trainee programme aimed at training over 120 participants in the first year.

Walkers Advises on Pathfinding Airline Loyalty Scheme-backed Financing

This innovative transaction was structured to be bankruptcy remote with a robust covenant structure representing a hybrid between a securitisation and a corporate debt issuance.

Hedge fund CIO fined £100k for market abuse

The tribunal will then determine what, if any, is the appropriate action for the FCA to take.

Bedell Cristin lawyer named in UK top young professionals’ list

She works across numerous cases and advises leading onshore law firms, fiduciaries and high net worth individuals on trust, commercial, insolvency and regulatory matters and has also acted for trustees and beneficiaries internationally.

Julius Baer in talks to settle Fifa corruption case with US authorities

‘Advanced discussions’ with Department of Justice may result in payment of tens of millions of dollars

Smith & Williamson Selects Broadridge's Industry Leading Shareholder Rights Directive II Compliance Solution

SRD II proxy solution will help Smith & Williamson to meet new EU regulatory requirements commencing September 2020

Is Italy the Next Tax Haven?

Many nations are tempting HNW individuals through tax relief and golden visas.

Balancing act

Governments, people and businesses have to make hard choices, argues chief investment officer Julian Chillingworth, and the conundrum isn’t going away soon.

Regulators Prepare to Reprimand Citigroup for Failing to Improve Risk Systems

Moves accelerated plans for CEO Michael Corbat’s retirement

Legal,Regulation,Tax & Compliance