Managers of Wealth

These recent data breaches generated huge fines, so here’s why your data processing agreements need to be watertight

The final amount of the fines may well be decreased in court.

U.S. proposes barring big tech companies from offering financial services, digital currencies

Even if it were to pass the full house, it would still have to pass the senate which would also likely be an uphill struggle.

Discriminatory or not? That is the question.

It is this sub-paragraph that creates ‘some confusion*’, even to those who welcome what some fear is the ultimate threat to privacy in the world of trusts.

Gold, jewels, ‘Islamic’ finance: how India’s I Monetary Advisory built a US$365 million Ponzi scheme

Some 50,000 investors have lodged complaints against the Bangalore-based I Monetary Advisory and its founder Mohammed Mansoor Khan

Appleby Launches Economic Substance Online Tool

While online tools are no substitute for bespoke, professional legal advice, the Questionnaire can help you make informed decisions regarding the new economic substance requirements and how they may impact your business.

HSBC blasted by Hong Kong protest leader: Bank urged to apologise after boss praised Chinese regime

He accused HSBC of failing to understand what is really going on in China – and urged it to apologise.

Ex-Credit Suisse Veteran Poised for New Deal

Together with a small group of investors, Illy is relatively far along in the takeover of Degroof Petercam (Suisse).

A $117 Billion Chinese Wealth Manager Says It Was Scammed

Noah says its asset-management product was hit by fraud

Vote 100: the gateway for female lawyers - Mourant

It would be another 23 years before a female was sworn in as an Advocate of the Royal Court of Jersey though.

Paedophile financier offers private jet and mansion to avoid pre-trial jail

Prosecutors say 66-year-old is 'extraordinary' flight risk

International exchange framework released for CRS-related mandatory disclosure rules

The announcement also covers updated XML schemas for the exchange of CRS, country-by-country (CbC) reporting and tax ruling information.

State Street expands trustee capabilities in Singapore

Syed Asim Hasan, head of global services for South East Asia at State Street, said: “We are delighted to now expand our suite of capabilities to meet the evolving needs of asset managers in the country.

Bank of Singapore’s Hong Kong CEO on Developing a Greater China Proposition

Tan has been with Bank of Singapore since 2010 and since January 2018 leads the overall strategy to drive the bank’s presence in Greater China and North Asia, with a strategic focus on the Guangdong-Hong Kong-Macau Greater Bay Area.

What Are Property Taxes Like in the South of France?

There are a wide variety of fees homeowners and renters must pay—though a break is on the way for many

Societe Generale sued for $792 million by heirs of Cuban bank seized by Castro

The lawsuit was filed eight months after Societe Generale agreed to pay $1.34 billion

Leading offshore law firm shortlisted for three awards at the Responsible Business Awards

Appleby has a long history of contributing to the local community. At the heart of the firm’s Corporate Social Responsibility strategy in the Isle of Man, is a theme centred on youth, education and sport.

'Robin Hood' tax on super rich sparks debate in India

The surcharge, popularly known as a "Robin Hood" tax, will help fund the government's development spending

Wall Street watchdog to boost transparency about using 'cooperation' for penalty reductions

The change, published in a regulatory notice, is the latest effort by a U.S. financial regulator to highlight cooperation programs, which they say are central to their enforcement efforts.

Appleby Partners Recognised by Best Lawyers in 2019 UK List

Appleby partners Michael O’Connell and Simon Harding have both received recognition from Best Lawyers in their most recent UK List.

Inheritance tax lifetime gifts

Lifetime gifts are generally disregarded for IHT purposes if the donor survives seven years from the date of gift.

Legal,Regulation,Tax & Compliance