Managers of Wealth

Federal Council Sticks to Basel III Schedule

The reform package of the international Basel Committee on Banking Supervision (BCBS) aims to strengthen the solvency and liquidity of banks.

VSKB takes legal steps against Zurich ‘wealth manager’

Bank association and regulators warn against using WFM International.

St James’s Place under scrutiny: what do its customers say?

New regulations introduced last summer

Swiss National Bank: Monetary policy assessment of 20 June 2024

Swiss National Bank eases monetary policy and lowers SNB policy rate to 1.25%

FINMA proceedings: HSBC Private Bank (Suisse) SA violated money laundering regulations

HSBC Private Bank (Suisse) SA has co-operated with FINMA’s proceedings.

Quilter Cheviot launches service for Big Four accountancy firms

Quilter Cheviot’s investment management team have undertaken training with each of the Big Four to fully understand personal independence procedures

UBS offers to repay former Credit Suisse clients 90 per cent of Greensill funds

The Swiss government feared that severe losses at the scandal-hit lender would destabilise the global banking system.

Super-rich may quit UK over Labour plans for inheritance taxes on trusts

Economists say overall tax levels are likely to approach an all-time high whoever wins the election, despite promises by both main parties not to increase major tax rates.

Best family law barristers 2024

Welcome to the Spear’s ranking of the best family law barristers for high-net-worth individuals in the UK

FINMA opens bankruptcy proceedings against FlowBank SA

FINMA established in the last week that FlowBank SA no longer has sufficient capital for its operations as a bank.

New Finma Chief Wants to Act and Escalate Faster with «Red Flags»

The new Finma Director, Stefan Walter, has once again called for stronger supervision.

These Banks Hold Most Money in Singapore Laundering Scandal

Others with significant exposure include the country’s three largest banks DBS, OCBC and UOB.

TD sues wealth advisers who left for Raymond James

Within a week of Gregg Desmarais’ and Brett Bartkiewicz’s departures, TD lost at least 10 accounts worth more than $22 million, the bank said. But a FINRA disclosure tells a different story.

Private Bankers Descend on Booming Lisbon to Tap Wealthy Expats

Portugal’s tax breaks, golden visa and sun-soaked beaches are luring overseas millionaires wanting to settle there.

City row erupts against proxy advisers over executive pay

However, proxy advisers, which recommend how shareholders vote at company meetings, have often been criticised for blocking the hiking of executive pay.

Stephenson Harwood wins two awards at WealthBriefingAsia Awards 2024

These annual awards, which are part of WealthBriefing's global awards programme, recognise firms, teams, and individuals that have demonstrated innovation and excellence during the last year.

UK wealth taxes in spotlight amid Labour election talk of CGT rise

Labour party is finalising its manifesto as shadow ministers are rumoured to be calling for capital gains tax rise

Swiss finmin flags legal risks to winding up global banks

The big banks are heavily invested there.

Saffery shortlisted for the 2024 eprivateclient Excellence Awards

The awards are devoted to recognising the outstanding achievements of leading firms across the private client professions in the UK.

Flagstone gets status change approval from JFSC

The approval from the JFSC recognises Flagstone International as an independent trust company able to provide services under Jersey’s regulatory framework.

Legal,Regulation,Tax & Compliance