Managers of Wealth

PIMFA welcomes FCA call for evidence on how to improve the consumer investment market

PIMFA welcomes many of the proposals outlined in this call for evidence

Luxembourg financial watchdog sharpens its teeth

Regulator Marco Zwick on efforts to strengthen supervision after years of criticism

FCA Dropped Half of Its Criminal Money Laundering Cases in 2020: FT

The authority is now pursuing only one single-track criminal investigation into money laundering and six dual-track cases, which could end with only civil outcomes

Credit Suisse CEO urges end of cantonal banks' privileges

He confirmed the lender's plan to pay out the second dividend tranche for 2019 in autumn.

Withers art head co-authors latest edition of definitive art law book

Mr. Lerner and Ms. Bresler are nationally renowned art advisors and scholars, who have co-authored each previous edition of Art Law.

Deutsche Bank will Pay $583K to Settle Violation of Sanctions

On the same day that the settlement was announced, Bloomberg reported that the bank had retained Robert Kimmitt, a long time friend of U.S. Attorney General William Barr, to sit on its supervisory board.

Pinsent Masons advised Schütz Family Office on the acquisition of Freie Internationale Sparkasse

Pinsent Masons, under the direction of Dr. Markus J. Friedl, advised SFO on all legal aspects of the purchase agreement under German law.

Finma adds eight firms to warning list including trading platform

The list includes companies that may be carrying out unauthorised or unsupervised wealth management and banking services, having provided insufficient or falsified information to Finma, leading to inconclusive investigation results.

Global Private M&A Guide

A practical tool covering key aspects of the legal and regulatory M&A framework in nearly 40 countries

Switzerland enshrines its crypto-friendly policies into law

Switzerland just became the first major financial center with a full set of laws to govern blockchain commerce.

Licences of two law firms revoked over anti-money laundering failures

The unit has already been informed about the two firms whose licences have been revoked.

Credit Suisse Wins Bid to Keep Fraud Report Secret

Geneva court suspended prosecutor’s plan to share Finma report

Regulators investigate elite London law firm

Solicitors Regulation Authority has spent at least two years scrutinising firm

Why Wealthy American Executives Are Exploring New Citizenship Opportunities

Many are turning to citizenship by investment to alleviate travel restrictions and safety concerns.

Noteworthy recent SEC rule changes

The amendment to the definition of “Accredited Investor” is effective 60 days after publication in the Federal Register

EU FinCrime Chief Eager to Crack Down on Money Laundering

However, with a centralized unit, increased communication between financial authorities through the Union should go a long way.

Three Carey Olsen lawyers make shortlist for Citywealth Future Leaders Awards

Winners will be chosen by a panel of wealth management professionals, with an online public vote carrying a 10 per cent weighting in the judges' final decision.

Legal Business Awards 2020 – Private Client Team of the Year

The global firm’s offering comprises lawyers (litigators and tax experts), accountants, transfer pricing specialists, economists and VAT/customs experts, to provide a one-stop shop for clients with complex structuring needs.

Greg Haddow Shortlisted for Citywealth Future Leader Award

The awards are judged by an international panel of wealth management professionals in the private wealth management sector.

Two Dickinson Gleeson partners shortlisted for Citywealth Future Leaders Awards

Robert Christie has been nominated for International Financial Centre Lawyer of the Year – Partner and Mentor, whilst Guillaume Staal has been nominated for IFC Lawyer of the Year – Senior/Managing Associate

Legal,Regulation,Tax & Compliance