Managers of Wealth

Swiss media report fingers Martinellis in bribery expose

The judge in Bellinzona, however, ruled that it was up to the judge in Spain to decide whether the documents show a relevant criminal connection.

Swiss Authorities Are Investigating Embattled Art Dealer Yves Bouvier for Evading as Much as $360 Million in Taxes

Bouvier argues that he has lived in Singapore for the past decade and therefore is not subject to Swiss tax.

Attacks on Trusts

Trusts are usually set up to protect assets from creditors’ claims

Is private client law moving into the 21st century…

The rules relating to how a Will must be signed and witnessed are enshrined in legislation dating back almost 200 years old, (Wills Act 1837), and these rules are sacrosanct for any private client practitioner.

UK competition regulator blocks merger of FNZ and GBST

The Competition and Markets Authority has provisionally found that FNZ’s purchase of GBST could result in a substantial lessening of competition.

Swiss bankers and millions in gold tied to Hugo Chávez’s former nurse

So Díaz allegedly turned to one of the oldest ways of moving vast sums of money anonymously: buying gold.

Turbulent times for aircraft financing - a practical guide to repossession and deregistration of aircraft from Cayman

The Convention on International Interests in Mobile Equipment and the Protocol on Matters Specific to Aircraft Finance (the Cape Town Convention) has been extended to the Cayman Islands.

CI Financial to acquire US$4.5-billion RIA

The acquisition vaults CI's U.S. wealth management business past the US$10 billion mark to approximately US$11 billion (C$14.7 billion) in assets.

$340m in London law firm's account suspected of 1MDB connection

Money in Clyde & Co’s bank account linked to money allegedly embezzled from Malaysian fund

The U.S. Is a Haven for Money Laundering. That Might Be About to Change.

Tucked into the sprawling defense authorization bill are measures to create a corporate ownership registry, which would plug one of America’s glaring gaps.

OECD Here to There • Tax Havens & Covid • Substance in Flux

The OECD digital tax project on profit reallocation seems to be in an undesirable place.

Crispin Odey charged with indecent assault

In a separate statement, Odey denied the allegation and insisted he would "strongly contest this matter".

No More LIBOR

Bank of England Takes Another Step Away From LIBOR

Financial Crime in Jersey

Fraud in Jersey is a common law offence that can be committed by natural persons.

Leonteq Announces New Partnership with Banque Internationale À Luxembourg

Leonteq and Banque Internationale à Luxembourg SA (BIL) have initiated a partnership for the issuance and distribution of structured investment products.

Lazard Banker Among Suspects in German Insider Trading Probe

Employee is part of firm’s mergers and acquisitions team

HMRC ramps up crackdown on high net worth tax evasion

HM Revenue & Customs (HMRC) has ramped up investigations against the wealthy, as it seeks to show its commitment to battling sophisticated tax evasion.

China to extend grace period for asset management rules to end-2021

The grace period for implementation had been set for the end of 2020.

Global Guernsey

Rupert Pleasant, chief executive of Guernsey Finance, is a man with a plan to showcase the island’s expertise globally and gain new business from Hong Kong to the US, as Will Green found out when they met

Not Just For The Ultra HNWI - The Role Of The Family Office In Protecting Your Family’s Current And Future Assets

The best set up will be considered on a case by case basis when factoring in the individuals’ lifestyle, family circumstances, and jurisdictional reach.

Legal,Regulation,Tax & Compliance