Managers of Wealth

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.

Cayman Island Private Funds Law, 2020

On 7 February, the Cayman Islands Government published the Private Funds Law, 2020 and the Private Funds Regulations 2020.

Potential Problems For Clients Fleeing High-Tax States

Wealthy taxpayers in high-tax states are considering moves to Arizona, Florida, Texas, Nevada or Tennessee, among others.

Crypto firms added to Finma warning list

The latest companies to submit insufficient or falsified information to the regulator.

The Offshore Litigator's Perspective

It is our client's second win in the Privy Council in this litigation and our briefing on it is vital reading for those interested in the offshore funds industry

Coronavirus Outbreak: Legal Update

Many companies will be giving priority to repatriating members of staff located in mainland China and other areas that are impacted by the coronavirus outbreak; but different governments are giving differing guidance to their citizens, and the guidance wh

Unexplained Wealth Orders: Will Zamira Hajiyeva’s appeal open the floodgates?

John Binns, partner in the Financial Crime team at BCL Solicitors, discusses the implications of the appeal against Unexplained Wealth Orders (UWO)

Japan's foreign security rule only a minor concern now

Investment Insights by our experts and thought leaders

Blockchain, Smart Contracts and the Law

There has been a huge growth in blockchain technology and in blockchain-based applications, especially in finance giving rise to so called “smart contracts”.

ESMA strategy on sustainable finance

It has already delivered on several objectives of the EU’s action plan on financing sustainable growth and will continue to assist the EU institutions to achieve sustainable finance goals.

Warning of legal risks in serving insistent clients

Ms Rhodes gave the example of a client requesting a £100,000 transfer into what they deem to be a good investment opportunity, but which a wealth manager can identify as a scam.

Superyacht Industry is Falling Behind on Cyber Security

Wills agreed that the industry needs to do more and called on designers and builders to implement cyber security into yachts right from the concept stage.

Regulatory Challenges of Wealth Management in Asia

In Hong Kong, the Securities and Futures Commission has set out a product due-diligence regime that requires distributors to have a clear understanding of an investment’s features before marketing and distributing it to a client.

SIX’s fine against GAM becomes legally binding

This was in connection with GAM’s purchase of Cantab Capital Partners in October 2016.

Mindful Wealth Successfully Completes VCC Pilot Programme With MAS

After MAS launched VCC framework, it has been running a pilot programme for selected Permissible Fund Managers who wished to register a new investment fund as VCC or re-domicile a foreign corporate entity as a VCC.

‘No surprise visits’ to Pilatus bank

Reasonable suspicion of money laundering in Enemalta deal

Legal,Regulation,Tax & Compliance