Managers of Wealth

Andy Cole and other ex-footballers join scam victims in HMRC campaign

Campaigners call for an end to the taxman’s perceived harsh tax collection tactics as victims of financial misconduct recount sleepless nights waiting for tax bills.

Second Cazenove director exits for wealth boutique

Rob Hodgson has joined Vermeer Partners as a financial planning director, working alongside managing director and former Cazenove colleague Chris Hogarth.

Independent audit confirms that the loans are granted correctly

The audit report confirms the regularity of the lending and classifies the bank's credit policy as conservative

Ex-Man Utd footballer sues his former SJP adviser over £750k unclear fees

Chris Smalling is suing Klipp Wealth Management, a representative of SJP, for £750,000, alleging it failed to accurately disclose fees.

Morgan Stanley Dives As Regulators Open Wealth Arm Probes

The regulators are investigating whether Morgan Stanley has properly investigated potential clients and their sources of wealth, as well as how it monitors their financial activity.

Woodford points finger at Link and FCA as watchdog proposes action

Regulator claims fund manager Neil Woodford had a defective and unreasonably narrow understanding of his responsibilities.

UBS Tries to Reverse CS Judgement in Singapore

A court in the city-state is currently wrestling with the hundreds of millions of dollars in client damages.

Using bond ladders to manage liquidity

Bond ladders can be a useful tool to help investors balance their liquidity needs with stable income generation.

UBS has considered an alternative for CS business in China

The major Swiss bank could sell its majority stake in the Credit Suisse (CS) securities trading joint venture in the People's Republic directly to a local government fund.

Wirecard shareholders want to block EY restructuring

They fear that the company is trying to shirk its financial responsibility.

The Qualifying Asset Holding Company regime in practice – what have we learnt?

One critical point is that QAHCs are not available to every structure.

The latest changes impacting employers with UK employees

The changes are designed to encourage employers to take a proactive approach to preventing sexual harassment in the workplace.

AML within wealth and asset management – major questions resolved

AI streamlines the detection of irregularities, not only bolstering a firm’s efforts in thwarting financial crimes but also significantly enhancing operational efficiency.

PKB Privatbank SA convicted for corporate liability in connection with aggravated money laundering

The same bank official ensured maximum flexibility for the ODEBRECHT client

'The need for financial planners for non-doms is greater than ever'

Dixon pointed out financial planners will need to upskill themselves as the demand for their services from non-doms will grow.

CS downfall: Finma's letter to the court infuriates investors

A letter from the authority has now been leaked to the media.

CBAM boss: The FCA presumes bespoke is costly but it’s not

While some wealth managers choose to focus on their MPS teams, Close Brothers CEO Eddy Reynolds believes bespoke can work for clients and advisers.

Ex-Geneva private bank board member charged with money laundering

The accused is also alleged to have unduly disposed of more than CHF 14m of assets without his client’s knowledge.

Former asset manager and board member of a Geneva private bank referred to the Federal Criminal Court

The accused is charged with having, between 2009 and 2015, unduly disposed of more than CHF 14 million-worth assets in a bank account in Switzerland entrusted to him by a client.

Amsterdam team advises ABN AMRO Bank N.V.

The acquisition includes Inntel Hotels Rotterdam Center and the adjoining Mainport by Inntel Hotels

Legal,Regulation,Tax & Compliance