Managers of Wealth

Guernsey regulator fines wealth company directors £60000

Following consideration of the investment advice in the client files, the Commission noted that CWM was advising on and promoting Structured Notes

The key role of compliance in business continuity

Compliance is central to our client’s success and working with service providers that can set up structures quickly, efficiently and within the limits of the local and global legislation and regulation is a key requirement.

Swisscom Trust Services and Cryptomathic join forces to deliver a flexible remote e-Signature service

The joint solution is just the starting point for a long-term partnership that enables customers to choose their best-of-breed model depending on their requirements, region, industry and business model.

Bermuda Courts join the move to virtual hearings during COVID-19 pandemic

Although the move to virtual hearings is only a temporary measure during the pandemic, it represents a significant leap forward for Bermuda where virtual court hearings were almost unheard of before now.

EU lost over $27 billion in corporate tax a year to UK, Switzerland, Luxembourg and Netherlands

The findings come amid increasing urgency in the EU to address the risks corporate tax havens impose on measures to tackle both the health and economic fallout of the Covid-19 pandemic.

Bank Hapoalim to Pay $874 Million to Settle U.S. Tax Charges

As part of the tax-evasion settlement, Bank Hapoalim B.M. admitted the firm conspired with U.S. taxpayers

Basel Committee publishes stocktake report on climate-related financial risk initiatives

Climate-related financial risks refer to the set of potential risks that may result from climate change

Gifting assets in the UK during coronavirus

The timing and mechanism of making gifts may be impacted by the nature of the asset and the individuals in question, but also the commercial circumstances.

Rapid uptake for succession & estate planning solutions in Asia

The global measures to curb the spread of the Coronavirus as well as the resulting market instability and travel restrictions have also allowed younger generations to speak more freely with family members.

Equity Finance: Matching Liability to Power

The Covid-19 has illustrated the dangers of excessive debt ratios. Amongst the several causes of such debt accumulation

Wealthy Move Their Money To Tax Havens

"This has been a resounding success that has far exceeded our plans," said Sergio Ermotti, the bank's CEO, addressing asset management inflows.

UK regulator ends probe of ex-Barclays banker Roger Jenkins -lawyer

The FCA has discontinued their warning notice,” he said.

Coronavirus challenges could prompt delays to money-laundering investigations

Investigations and enforcement actions are likely to be "drawn out" in the lockdown period, and banks will face "a much slower process" in dealing with their regulators.

Art market enforcement during the pandemic

Art market participants who are engaged in pending or projected transactions that are otherwise subject to regulatory oversight but that have been interrupted by the health crisis must take care not to run afoul of these regulations in the absence of any

Legal,Regulation,Tax & Compliance