Managers of Wealth

ASIC wealth management investigations soar by 216%

Crennan, who is also the sponsoring commissioner for ASIC’s Office for Enforcement, said he hoped the use of regtech would lead to a fall in the number of ASIC enforcement actions

Warning over fraudsters targeting SVS clients

Now clients of SVS have been warned a fraudulent letter is circulating claiming to be from the company's special administrators.

Invesco faces £5m court battle with Dutch platform provider

Invesco and Dutch platform business Ohpen have been referred to mediation in a last ditch attempt to avert a £5 million law suit.

“Weeding out the competition” – an update on M&A activity in the cannabis sector

The Government of Canada announced that the production and sale of edible cannabis, cannabis extracts and cannabis topicals will be legal in Canada, as of October 17th, 2019.

Hong Kong Judge Orders Confiscation of Former UBS Exec's Bribes

Although Tu did not make a remark of “20 per cent” on the trade summaries, the client understood that he had to pay about $850,000 to Tu.

Groundbreaking Swiss Supreme Court Decision On tax Administrativeassistance—The End Of ‘Foreseeablerelevance'?

The judgment may well turn out to be a turning point in tax administrative assistance practice in Switzerland.

Rabobank to Stop Working with Football Clubs over Money Laundering Fears: Report

Rabobank refused to respond to the newspaper's questions about individual clubs.

Safe harbor: how Switzerland is presenting a safe harbor in the midst of geopolitical instability By Yusra Sarkar

‘Aside from blocking its shares from being traded directly in the European member states in an ongoing spat with the EU, Switzerland has remained relatively untouched by the political turmoil we’re seeing elsewhere in the world,’ says Ma

GDPR one year on: what have we learnt?

GDPR has not gone un-noticed outside Europe, with Brazil, Japan and India all introducing privacy legislation aligned to GDPR, and California became the first US state to introduce a general data privacy law with the California Consumer Privacy Act emergi

Appleby Helps Over 1,500 Clients With Economic Substance Tool

We pride ourselves in providing comprehensive, multi-jurisdictional legal advice at the times most beneficial to our clients

Rich Canadians are getting out of paying taxes with 'estate freezes' — and the CRA endorses it

The CRA's position is baffling: It views an estate freeze as garden-variety tax planning. Other countries aren't as lenient

Does the economic substance legislation affect my BVI or Cayman entity?

It is thus crucial for entities incorporated in relevant jurisdictions to assess whether they are carrying out ‘Relevant Activities’ as prescribed and whether there is a need to demonstrate “substance”.

Tax collected from investigations up 27%

HMRC made more than £13bn worth of actual tax collections from tax investigations in 2018/19, a 27% increase on the previous period

Hedge fund sues widow of portfolio manager who died by suicide

Visium is seeking more than $100m in repayment for money it says it paid Sanjay Valvani

Swiss justice charges tax avoidance whistle-blower with industrial espionage

The question at hand is how Seith got internal bank documents that allowed him to make the case against the Swiss banking system.

Henley & Partners: Rising Anxiety Over Impact of No-Deal Brexit on Britain's Passport Power

As millions return from their visa-free summer holidays abroad, and the more than five million British passport holders living permanently outside the UK anxiously consider their alternative citizenship options

Amalgamation and Migration Under Mauritius Law

This article endeavours to highlight the often forgotten concepts of amalgamation and migration

Named and shamed: The implications of appearing on the EU's sanctions list

The sanctions list represents a vital component of the EU's aim to implement a unified and autonomous foreign policy

Law firm predicts world wide wave of climate change legal challenges to states and companies

In a similar case in the US – Juliana v the United States – 21 minors are suing the US government alleging that the lack of regulation of greenhouse gas emissions targets violate their fundamental rights and the public trust doctrine.

World’s information commissioners demand answers from Facebook about Libra currency plans

They also raise specific concerns about the interaction of Libra and Facebook’s already enormous store of information.

Legal,Regulation,Tax & Compliance