Managers of Wealth

China, Hong Kong to Establish Wealth Management Connect Scheme

The HKMA will work with Mainland authorities and the industry to formulate the implementation details of the new scheme, with a view to launching it “as soon as practicable”.

Carey Olsen lawyers lead the way in data protection expertise in the Channel Islands

The introduction of the General Data Protection Regulation in May 2018 has led to an increase in both business

UK Supreme Court upholds first successful claim for breach of the "Quincecare" duty financial institutions owe their customers

As the Supreme Court noted, "very extensive powers were delegated to Mr Al Sanea to take decisions on behalf of the company, including signing powers over the company's bank accounts."

Meeting the pace of technological change by Nick Cook, Director of Innovation, FCA

Speech by Nick Cook, Director of Innovation at the FCA, delivered at the Chief Data Officer Exchange Financial Services conference in London.

Highly regulated jurisdictions attract family offices

Sally said: "There was an interesting discussion around globalisation and digitalisation, how, with less face-to-face time between trustees and beneficiaries, the relationship could be fundamentally altered.

Positive Energy: Appleby Comments on an Active Energy and Natural Resources Sector

Appleby has reported another strong year in the energy and natural resources sector and has acted on a number of large energy, oil and mining deals during 2019.

Nearly 4,000 ultrawealthy foreign investors have gotten dual citizenship through Cyprus' 'golden passport' program since 2013. Now, it's under investigation.

Cyprus is investigating corruption charges related to its "golden passport" program, which grants citizenship to foreigners who invest $2.2 million or more in real estate or local business.

UK Supreme Court holds testamentary charitable gifts to Jersey were entitled to inheritance tax relief

The Supreme Court’s judgment provides helpful clarification for individuals in the UK who have made testamentary gifts to charities in Jersey by confirming that IHT relief applies.

The global war on money laundering is a failed experiment

Stories about money laundering, and efforts to prevent it, are rife.

FCA urged to take action as investment industry shamed for greenwashing

LGIM and Vanguard products highlighted for sin stock holdings

Finland's tax policy is favouring the wealthy: Study

Finland's current tax policy has favoured a cohort of about 50,000 people in the country.

UBS: In June, the process in France goes into the next round

UBS vs. France: That's how the bank wants to improve its chances

UBS Has Four Weeks in June to Fight $5 Billion French Fine

The UBS case is part of a French crackdown on tax fraud and money laundering operated through Switzerland that’s seen the conviction of a former minister and HSBC Holdings Plc pay 300 million euros to settle a case.

Finnish tax policy creating a class of super rich

Finland is seeing the growth of the super rich, whose lightly-taxed capital income far outstrips other groups' earnings.

How WMs should respond to new laws according to legal expert

FinSA and FinIA will have a material impact on all operational and strategic business aspects of EAMs.

2017 UK Inheritance tax changes: not all is lost! - Withers

A major consideration in this type of planning is the availability of Treaty relief, which is too often overlooked.

2019 amendments to the FIFA procedural rules

All relevant changes and additions to the Procedural Rules are set to come into force on 1 November 2019.

Will Asia lead the football industry? - Withers

Not only traditional football is booming in Asia.

OECD releases guidance on the spontaneous exchange by no or only nominal tax jurisdictions

This information will allow the tax authorities of these jurisdictions to assess the substance and the activities of the entities resident in no or only nominal tax jurisdictions.

Former broker wins in court against UBS

She was also a member of the President's Council, a group of highly successful UBS brokers.

Legal,Regulation,Tax & Compliance