Managers of Wealth

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.

Corporate Crime update - December 2019

The SFO has published a speech by Sara Lawson QC

Credit Suisse Blocks Prosecutor Using Critical Finma Report

Finma scolded Credit Suisse in a September 2018 report for numerous “deficiencies” in its money-laundering detection efforts

BMA Forms View on Cannabis Related Risk

In the conduct of its business, the BMA-supervised licensed entity must continue to adhere to Bermuda’s legal and regulatory requirements as set forth by the BMA and other regulators.

Mourant tops the offshore rankings in global Powerwomen list

Mourant is in the running for 'Best Employer – Career Progression', as well as an impressive six individual awards

Key 'Take-Aways' from the Clifford Chance & Mourant Global Funds Conference 2019

Update prepared by Christopher Levers (Counsel, Cayman Islands) and Gemma Cowan (Senior Associate, Cayman Islands)

Julius Baer books $153 million charge in East German assets case

Zurich Court of Appeal has reassessed the case

Recent legal trends in Dispute Resolution in the Cayman Islands

Finally, this year we have seen a rise in demand for lawyers to give expert evidence in foreign proceedings or arbitrations on a variety on Cayman trust-law issues.

Legal,Regulation,Tax & Compliance