Managers of Wealth

Goodbye LIBOR, Hello SOFR By Katherine Pearce and Nick Nolan

With LIBOR ending, the LSTA has laid out several key considerations that accounting systems will need to address moving forward.

Private Client – December 2019

Finally, with the 31 January self-assessment tax return filing deadline approaching, we look at the available tax reliefs and allowances you may be able to claim before filing your tax return.

HSBC’s private Swiss bank fined over US tax evasion

The bank admitted that between 2000 and 2010, it conspired to defraud the US of taxes, commit tax evasion and file false federal tax returns.

Carey Olsen's Russell Clark named as one of the UK's 50 most influential private client advisers

He specialises in both contentious and non-contentious trust matters and advising private clients on succession and estate planning.

Swiss voters reject corporate tax overhaul

Switzerland has come underneath intense stress from G20 and OECD nations in recent times to wash up its tax system.

Danny Murphy loses £1m Coutts tax avoidance battle

It is the second time in just over a year that Murphy has lost a legal battle with Coutts.

Belgian lawyer guilty in 'Catch Me if You Can' Swiss money-laundering case

The three-judge tribunal also ordered confiscation of tens of millions found in accounts.

Deutsche Bank staffers cleared but bank fined in money laundering case

Sources close to the investigation said as recently as July that prosecutors were set to escalate the investigation

Wealth, power and impossible children: the 250-year-old scandal that gripped Scotland

Yet 250 years ago this year, their powerful foundations would be rocked by scandalous allegations that gripped the nation and placed them at loggerheads with another of Scotland’s richest and most powerful families, the Hamiltons.

World’s superrich are renting London properties to avoid new taxes

There are currently more than 1,100 homes in London rented at over £3,000 a month, including a £40,000 a week, seven-bedroom house in Mayfair and a six bedroom Knightsbridge penthouse flat at the same price.

Billionaire Alexander Abramov's record under review after claims of links to tax haven companies

He ploughed millions into the 215ha seaside property and transformed it into a country estate with a gated luxury resort complete with a 25m swimming pool.

Watchdog asks UK for transparency in tycoon’s settlement

Although there is scant information about the specifics of the case, returning seized funds to the country of origin, as is proposed, is an obligation under the UN Convention Against Corruption.

Carbon reporting: are you ready to disclose your emissions?

Many businesses caught by these regulations may already be preparing similar information as part of their assessment under the Energy Saving Opportunity Scheme (ESOS).

Oliver Dearlove murder trial: 'Man killed banker with one punch after hitting him as hard as he could'

Mr Cook told the court: “It almost felt like he was going to leave, and then he thought ‘you know what, I‘m going to hit this guy‘.

Financial authority heads take stand on climate change

The ECB must also buy bonds issued by heavy polluters as part of its quantitative easing programme

IFCs must contribute to the evolution of the corporate tax landscape by Geoff Cook

If this steams ahead, there is the potential for a seismic shift that could have a significant impact on cross-border trade and investment.

Vatican investments linked to global money laundering investigations

Swiss financial news sites also linked the bank to an alleged $62 million bribe paid to a PDVSA official.

Equisoft Partners with Refinitiv to Deliver a Powerful Solution for Wealth Managers

Equisoft/analyze for wholesalers powered by Refinitiv Lipper data helps wholesalers evolve from just a source of product information to a genuine tech-enabled business consultant engaged in helping advisors grow.

RiskAvert upgraded with new features

The Securitisation Regulation consolidates the patchwork of legislation governing European securitisations and introduces the long-awaited rules for issuing simple, transparent and standardised transactions.

The view from the regulator on Operational Resilience by Megan Butler

The proposals in the Consultation Papers make it clear that we expect you to understand your vulnerabilities, invest in protecting those and protecting yourselves, consumers and the market.

Legal,Regulation,Tax & Compliance