Managers of Wealth

The Changing Landscape of Litigation Funding in the Cayman Islands

In the Cayman Islands, the courts recognise that the common law must evolve to meet the needs of society.

Luxembourg update: Context of Brexit

During this transition period, EU laws and regulations will continue to apply in the UK and UK entities can continue to work in Luxembourg on the basis of their passporting rights.

Developments in Private Wealth and Estate Planning for People’s Republic of China Citizens and Residents

More than 80% of family enterprises in China are still controlled by the first generation of wealth creators and a massive transfer of assets to the second generation is just getting started.

Reflection and inflection: the past and present of regulatory change

For the financial industry and for regulation, the past 10 years have been similar to changing the tyres on a moving car.

English High Court Confirms Status of Cryptoassets as Property

The Applicant applied for an interim proprietary injunction over the Bitcoins that remained in the cryptocurrency exchange account.

MAS Issues Guidance on Investment Suitability, Pricing in Private Banking

MAS expects financial institutions to benchmark themselves against the desired outcomes set out in the paper

Despite Appeals Win,Google Agrees to EUR 1B Settlement to Avoid Criminal Prosecution

The controversy began several years ago with the search and seizure of Google France’s premises.

Barclays Boss Jes Staley Probed By Britain’s Financial Watchdogs Over Links To Jeffrey Epstein

The investigation is actually focused on transparency and whether I was transparent with and open with the bank, and with the board, with respect to my relationship with Jeffrey Epstein.

Penalties, remediation, and our General Principles

Speech by Mark Steward, FCA Executive Director of Enforcement and Market Oversight, delivered at the City & Financial Global Ltd event, London.

Court of Appeal upholds NCA’s use of unexplained wealth orders

The court dismissed an appeal brought by Zamira Hajiyeva, the wife of an Azerbaijani banker

Global tax reform could raise as much as $100B, OECD says

The analysis shows that Pillar Two could raise a significant amount of additional tax revenues.

BoE speech on gender diversity

It is that changing nature of the debate about women in the workplace – and gender diversity more broadly that I wanted to make the theme of my remarks today.

Barclays boss Jes Staley's links to Jeffrey Epstein investigated

Bank board says it has full confidence in CEO as UK financial watchdog looks at ties to disgraced financier

$450 Million Superyacht in Divorce Case Freed to Leave Dubai

Dubai Court dismisses attempt to enforce U.K. Akhmedov order

Creditors Swoop on Indian Tycoons’ Rolls Royce, Island Mansion

Some tycoons have held assets through arcane webs of holding companies, which has complicated creditors’ efforts to recover funds.

Greece introduces an attractive tax status for foreign high net-worth individuals

Manos Tountas of EY Greece examines the new ambitious tax law which could help bring a new wave of wealthy entrepreneurs into the peninsula.

Cyprus 'golden passports' scheme a laundering risk, says watchdog

Under the program, a minimum 2 million euro ($2.18 million) investment can get a passport and instant visa-free travel throughout the European Union, of which Cyprus is a member.

No FATCA Relief For Accidental Americans

The exemption covers taxpayers who have not avoided tax filing wilfully.

NR Private Market is now presenting GreenOre Gold to its pool of sophisticated and high net worth individuals

NR Private Market has helped companies raise around £6mln so far

A new narrative for funds transparency by Geoff Cook & Ben Robins

Some centres are already addressing these questions through specialist regimes, expertise and infrastructure for green finance, ESG investing and philanthropy.

Legal,Regulation,Tax & Compliance