Managers of Wealth

FCA confirms investigations into Crispin Odey and Odey Asset Management

Since mid-2021

Ethos backs lawsuit against Credit Suisse takeover price

The lawsuit, led by LegalPass, seeks compensation for Credit Suisse shareholders over the mispricing of the company during the UBS takeover.

Surprising Turn in the Falcon Private Bank Case

During last month’s trial, the Federal Prosecutor's Office demanded a prison sentence of 21 months and a fine of 90 daily rates for the banker.

Who wants to be a millionaire? Inheritance disputes in the UK in the age of the Great Wealth Transfer

With the national conversation dominated by the cost-of-living crisis, generational wealth is under the spotlight.

Barclays seeks to stop being corporate banker to Odey Asset Management: FT

Citing people familiar with the matter, the FT said on Sunday Barclays had told British markets regulator the Financial Conduct Authority (FCA) it wants to extricate itself from OAM, joining other financial firms which have sought to cut links.

Thomas Gottstein Said to Be Target of Finma Probe

When Thomas Gottstein took over from Tidjane Thiam in February 2020

IQ-EQ acquires ComplianceAsia and Lymon Pte Ltd

These transactions are incredibly exciting for us as it not only significantly expands our existing regulatory compliance business here in Asia Pacific

Swiss regulators need to face up to Credit Suisse failures

As the country prepares for the challenge of supervising an enlarged UBS, rule changes are not the answer

Switzerland and France sign an additional agreement supplementing the bilateral double taxation agreement

The additional agreement also updates other provisions in the double taxation agreement between Switzerland and France.

‘Was the FCA asleep at the wheel?’ Creditors grill WealthTek administrators

Creditors question regulators and search for PI cover at special administrators’ session for collapsed DFM.

Swiss National Bank tightens monetary policy further and raises SNB policy rate to 1.75%

From 2024 onwards, the new forecast is higher than in March, despite today’s increase in the SNB policy rate.

Odey AM employee assets restricted by FCA

Client assets remain unrestricted

FCA proposals likely to hurt smaller MPS providers

Regulation aligning wealth and fund management activities will not worry large managed portfolio service providers but could threaten smaller businesses, warn industry figures.

Swiss Back Minimum Tax, Climate Goal; Geneva Rejects Wealth Levy

A rejection of the measure would have allowed other countries to pocket the estimated additional annual revenue of 1 billion to 2.5 billion francs ($1.1 billion to $2.8 billion), according to the OECD agreement.

Key Credit Suisse Whistleblower is Just Getting Started

The plight of a whistleblower is a difficult one - particularly when they are going up against what was once one of the world’s largest financial institutions.

Litigation financer Nivalion obtains asset manager licence

Nivalion generates money for investors by investing in court cases.

Genevans To Vote on Taxing the Rich

This weekend Genevans will vote on a proposition put forward by left-wing representatives to apply a solidarity contribution during a period of ten years on personal wealth over three million Swiss francs.

Warnings of ‘fire escape’ tax plans for wealthy Brits under Labour

He claimed clients who settled here for tax reasons to start with say they are willing to leave.

Swiss National Bank Detached From Fed's Upcoming Decision

This could then point to a further interest rate hike as early as July or as late as September.

Ex-Julius Baer employees win appeal over British ban

The three ex Bank Julius Baer employees appealed against the proposed bans to London's Upper Tribunal

Legal,Regulation,Tax & Compliance