Managers of Wealth

Branson offers Necker as collateral

He claimed to have created “hundreds of thousands of jobs and paid hundreds of millions in tax” around the world.

BNY Mellon Adds Natural Language Tech for Asset Managers, Clients: Tech Roundup

Also: Addepar introduces an alternatives Marketplace, and Shareholders Service Group teams with AdvisorPeak.

Emigrant Partners Takes Stake in Parallel Advisors

This Parallel/Emigrant combination will also empower us to offer true partnership opportunities through economic incentives and our collaborative culture to attractand retain more of the highest caliber advisors in the industry.

COVID-19: Implications for law firms

Lessons from past downturns can help law firms respond to near-term challenges and set the right priorities for the long run.

Coronavirus and tax-exempt artworks and heritage assets

The owner must grant and publicise reasonable public access to the assets for a minimum number of days in the year, as agreed with HMRC.

How to prepare for a post-pandemic tax world

What could this mean for businesses?

Bank of China oversteps regulations in passing derivatives off as wealth management. And it’s not alone

Bank of China says it will compensate 20 per cent of investors’ original investments in the oil-linked product, according to investors

Gold is well-positioned as a hedge against inflation risk from expansionary fiscal and monetary policies

This goes against gold’s embedded characteristics, but we think that the unique circumstances at the time of that selloff are likely in the rear view.

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.

Legal,Regulation,Tax & Compliance