Managers of Wealth

The situs of cryptocurrencies: an answer, but for how long?

Cryptocurrencies also pose challenges to HMRC

Asset Protection

Jersey and Guernsey trusts are an essential part of the toolkit

Banks target Luckin Coffee ex-billionaire's family assets to recoup $709m in losses

Lu said in a statement on Wednesday that he's "deeply disappointed" Nasdaq is moving to delist the shares before Luckin releases final results of an internal probe into its accounting.

Is a wealth tax on the cards to fund UK covid-19 recovery?

As 72% of MPs agree taxes should increase to fund public services

Raiffeisen scandal: Trial against Pierin Vincenz is getting closer

Both are suspected of misconduct in connection with company acquisitions.

Carey Olsen and Slaughter and May advise the States of Jersey on financing its response to COVID-19

The States of Jersey appointed Carey Olsen and Slaughter and May to advise on the RCF.

Probate and estate planning administration for non-Guernsey domiciliaries

The Guernsey Ecclesiastical Court issues a Grant of Probate if the deceased left a Will or a Grant of Administration if they died intestate.

EU Commission launch of AML/CFT action plan

The Commission intends to deliver on all these actions by early 2021.

FINRA Pledges to Avoid Playing 'Gotcha' with Reg BI Enforcement

Initially, most enforcement actions will pertain to infractions the agency would have pursued under the suitability standards regardless, according to FINRA's head of enforcement.

Coronavirus: UK Future Fund scheme – Final details announced

The terms of the scheme are broadly in line with the initial headline terms that were announced last month

Government considering 'air bridges' to countries with similar Covid-19 infection rate

He also confirmed that the quarantine measures would come into place in June, not at the end of May as Johnson had said.

EU, Caribbean Nations at Loggerheads Over Money Laundering Blacklist

The EU blacklist uses the FATF monitoring list as a starting point and serves as a way to hold the included countries accountable since the FATF has no enforcement ability of its own.

English Court ruling demonstrates Unexplained Wealth Orders shouldn’t be taken on face value.

Update prepared by Christopher Edwards (Partner, Guernsey) and Jeremy Bell-Connell (Associate, Guernsey)

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?

Legal,Regulation,Tax & Compliance