11/09/2023
German regulator finds ‘serious deficits’ in Leonteq’s due diligence
German regulator finds ‘serious deficits’ in Leonteq’s due diligence
Legal,Regulation,Tax & Compliance
11/09/2023
Swiss SEBA Bank gets approval to provide crypto-related services in Hong Kong
SEBA will begin offering its services to institutional, professional investors and high-net-worth individuals in Hong Kong with immediate effect
11/08/2023
How to prepare your taxes for 2024 if you’re a HNW
Tax advisers tell Spear’s how HNWs can get their affairs in order before the 31 January self assessment deadline and the new tax year in April
11/06/2023
Types and uses of Cayman Islands law trusts
It is an arrangement intended for the safekeeping, management and eventual disposal of property.
11/03/2023
Withers' charity and philanthropy team wins recognition in major legal directories
The Withers’ charities and philanthropy team has been recognised as a top tier practice by leading directories Legal 500 and Chambers and Partners for 2023/2024.
10/31/2023
VT5 enters into Business Combination Agreement with R&S Group
R&S Group is a high-growth, profitable company with a net cash position.
10/30/2023
Swiss Central Bank Says It Couldn’t Save Credit Suisse
The Swiss National Bank lacked the means to rescue Credit Suisse
10/27/2023
EU tax observatory advocates for global minimum wealth tax
In contrast, affluent individuals who do not employ these loopholes face income tax rates ranging from 20 percent to 50 percent the report highlights.
10/25/2023
Following the UK Finance fraud report Quilter reveals its Halloween CORPSE scam avoidance framework
Louise Cockburn information security awareness and culture manager at Quilter, below talks through Quilter’s CORPSE scam framework
10/18/2023
Madonna ‘facing £300,000 fine after breaching super-strict show curfew’
Curfew rules from the O2’s operators AEG and Transport for London include fines of £10,000 a minute for shows that overrun.
10/18/2023
Scrapping inheritance tax reliefs could send farms and small businesses to the wall
These reliefs have previously attracted criticism, with the implication being that wealthy individuals may invest in farmland or small businesses purely to shield their wealth from IHT.
10/17/2023
Singapore Crypto Bourses Work With UK Investigators
According to Benton, this unique NFT cuts down the duration to freeze assets.
10/13/2023
GAM Holding AG: Newgame SA withdraws its appeal against the Swiss Takeover Board’s ruling of 31 August 2023
Newgame SA withdrew its appeal on 27 September 2023, as a result of which FINMA’s Takeover and State Liability Committee wrote off the appeal proceedings as having become redundant.
10/13/2023
Major shareholder requests delisting of One Swiss Bank
The bank’s share price has benefited from a return to profitability, which started in 2022.
10/12/2023
Bernie Ecclestone is in trouble over money from Julius Baer
The soon-to-be 93-year-old former Formula 1 boss Bernie Ecclestone has pleaded guilty to tax fraud.
10/11/2023
FSB: There were alternatives to the CS takeover
There would have been alternatives, according to the top financial stability watchdogs - that sounds very much like justification.
10/09/2023
Swiss Finance Minister Faces Committee Questioning Over Credit Suisse
It marks the beginning of the political investigation into the forced takeover of the bank on March 19.
10/09/2023
Singapore banks sharpen scrutiny after $2 bln money laundering scandal
In a statement, the Monetary Authority of Singapore said financial firms must verify customers' identities, establish the sources of wealth and funds of higher-risk clients, and keep track of transactions.
10/05/2023
Finma fills a gap in the management
The authority is now able to plug a gap internally.
10/04/2023
High-tax, high-spend, big-state Britain is here to stay, whoever is in power
All signs point to a Labour election win next year – but don’t expect much to change in how the UK is governed