Managers of Wealth

ESMA follow-up report on fees charged by CRAs and TRs

The Treasury, in exercise of the powers conferred by section

Treasury And The IRS Release Final Foreign Tax Credit Regulations

The Final Regulations are substantially similar to the Proposed Regulations, with several important clarifications and amendments.

Singapore, structuring and synergy - how traditional offshore structures are working with Singaporean trusts

Walkers' Singapore office was established a decade ago, and it is clear that the growth in the city state is continuing (you only have to look up to see the cranes).

Bill Gates and Richard Branson agree this is one way billionaires can help counter climate change

The pair were in Paris for the One Planet Summit – a meeting designed to address the challenges of climate change – during which Gates announced the expansion of his Breakthrough Energy Coalition.

A Banker Drew Macquarie Into a German Tax Scandal. It Became a Costly Bargain

“Macquarie should have said ‘thanks but no thanks’”

Albanian Drug Suspect’s Banana Bonanza

Smuggling drugs in refrigerated containers of bananas or other fruits has become a favored tactic of traffickers in recent years.

FCA blocks adviser phoenixes as crackdown begins

The practice can have a devastating impact on the individual consumers concerned and a knock-on effect on the wider economy.

Regulation outlook 2020: Liquidity, ESG and reporting in the spotlight

Operational resilience and liquidity under scrutiny

Regulatory burdens and industry shifts: The year 2020 in wealth management

With new regulation nudging it toward records, the RIA movement has put advisors at the center of every trend.

Ex-Deutsche Bank Executive Facing Jail in Italy Still Has Clout

Regulators were concerned at the time about a widening series of scandals at Deutsche Bank.

$722 million cryptocurrency Ponzi scheme

Withers is aware that some of our clients may have invested in BitClub Network, and may be affected by the alleged Ponzi scheme.

Philippine court dismisses case seeking $3.9b of Marcos wealth

Country's anti-graft court decided in favour of the Marcoses for the 4th time since August

For Financial Advisor Ads, a New Frontier

In response to years of complaints, the SEC is overhauling strict rules put in place more than a half century ago to protect consumers from dubious and misleading claims.

Another Credit Suisse senior manager was followed - NZZ

The statement said the investigation it launched via law firm Homburger after news it had had Khan followed had turned up no evidence that any other Credit Suisse employee, including Goerke, had been observed.

Credit Suisse faces further claim of executive spying

The Khan scandal shocked Switzerland’s normally secretive banking industry.

Watchdog chases firms over money laundering rules

Earlier in the year the regulator had asked 400 firms to complete risk assessments to demonstrate

Beacon Wealth Legal shortlisted in Modern Law Awards

The award Beacon Wealth Legal have been shortlisted for is ABS (Alternative Business Structures) of the year.

Carey Olsen secures double shortlisting at Citywealth's Magic Circle Awards 2020

In respect of its shortlisting for the UHNW Private Client Services Innovation of the Year category, Carey Olsen has been specifically recognised for the growth of its Bermuda office and its offering in the fintech sector.

Two simple tax changes could help the government meet its climate change targets by George Bull

Recent research suggests that councils are sitting on almost £2bn of art, most of which is not on public display.

With Tax Reform, Wealthy Clients Should Update Estate Plans

Trusts and wills use “formula” clauses tied to the exemption amount – clauses that can quickly become outdated.

Legal,Regulation,Tax & Compliance