Managers of Wealth

St.Galler Kantonalbank and CREALOGIX renew long-term, strategic digital partnership

The long-standing partnership between SGKB and CREALOGIX in terms of software and innovation is entering a new phase.

Investing in Women Code

The Investing in Women Code is a commitment by financial services firms to improving female entrepreneurs’ access to tools, resources and finance.

Granting UBS a digital banking license could be a win-win for China

It has to be underlined that UBS' ambitious plan depends on securing a digital bank license to operate on the Chinese mainland, and its success will also depend on the fierce competition of domestic players such as Alibaba's MYBank, Tencent&

EU starts legal actions against Luxembourg over money laundering, tax avoidance

EU legal actions could lead to fines if member states do not apply common legislation.

BNP Paribas in partnership for Total's zero-emissions pledge

This agreement is one of the most significant achievements in the oil and gas industry so far.

Expats hit with tax planning complications due to lockdowns

This could impact your tax planning strategies which, in turn, could affect other personal finance matters including retirement planning, estate planning and trusts.

Will offshore structures stand up to close scrutiny by HMRC?

The real question is whether or not the planning undertaken in the 1970’s and 1980’s has stood the test of time?

ESA Join Consultation Paper On ESG Disclosures

This briefing highlights some key takeaways for asset managers in relation to the Consultation Paper and Draft RTS

Carey Olsen supports Polygon with serviced office venture in Guernsey

The investments represent a positive sign for the Guernsey real estate market, which has adjusted well to the current coronavirus (COVID-19) restrictions and is endeavouring to carry on with business as usual.

Coronavirus: New UK Charity Commission guidance on managing financial difficulties

The guidance also notes that a charity may receive significantly less money now on the sale of investments and assets as compared to normal times.

Q & A On The EU Listing Of The Bahamas

The Bahamas will continue to liaise with the FATF to ensure the on-site inspection takes place

Billionaire Isabel Dos Santos Calls For Assets To Be Unfrozen—Points To Fake Passport Signed By ‘Bruce Lee’

False documents and false statements have been deliberately brought before the court

European Disharmony

With Boris Johnson unlikely to accept this, a new trade treaty agreed before the December deadline appears ambitious, though is still possible.

Swiss private bank to exit private banking in 2021

It is in ‘advanced negotiations’ to sell and transfer its client portfolios, front-office and subsidiaries

'Life and law go on': How attorneys are working through New York City's lockdown

Lawyers serve their clients from the eggs to the apples of life; from pre-nups to divorce; tax planning to property planning; business deals to business bust ups.

Immigration lessons from coronavirus crisis and potential next steps

That’s because travel bans and border closures can happen without warning, not allowing a person sufficient time to obtain a visa.

Morgan Stanley’s wealth management business handed $5 million fine

MSSB has agreed to pay a $5 million penalty that will be distributed to harmed investors.

LUXEMBOURG UPDATE: CSSF's Weekly IFM Questionnaire

On 9 April 2020, the CSSF advised IFMs that it had launched a new questionnaire that must be completed and submitted to the CSSF on a weekly basis.

‘Everyone is doing badly’, anti-money laundering czar warns

Some countries, Lewis added, were only concerned with making sure they weren’t placed on FATF’s so-called “grey list” of low-scoring countries — a move likely to restrict a country’s access to international financial ma

Prosecution outlines fraud and money-laundering charges against Nirav Modi in London courts

From 2011 until 2018 Nirav obtained "eye-watering sums of money

Legal,Regulation,Tax & Compliance