Managers of Wealth

Finma adds three new firms to warning list

The list includes companies that might be carrying out unauthorised or unsupervised wealth management or banking services.

Guernsey praised by FBI for tackling financial crime

FBI praises island in fight against financial crimeFBI praises island in fight against financial crime

Conduct Risk - Is Your Framework Compatible with the FCA's Agenda?

The FCA launched the 5 Conduct Questions Programme in 2015, initially as a Supervisory tool for the Wholesale Banking sector

Mauritius to offer umbrella license to providers offering wealth management services

We have prepared a summary of key measures governing the Mauritius budget 2019-2020 for your perusal.

Fund Finance in Luxembourg: the essentials

The result is an attractive, secure legal framework that works strongly to the benefit of secured finance parties in transactions involving Luxembourg obligor corporate and fund structures granting security and, consequently, fund promoters seeking invest

FMS.next has been enhanced to support PSD2 and Open Banking requirements

The solution comes with a preloaded set of APIs to cover requirements of directives, implementing all necessary security mechanisms for authentication and consent management.

Named: British men ‘linked to spies, terrorists, sheikhs and £8bn fraud’

HMRC is accused of missing chances to catch a gang that defrauded taxpayers around Europe and may have helped fund al-Qaeda

UBS agrees Japanese joint venture wealth deal

It will offer products, investment advice and services beyond what both firms alone can provide

Rich New Yorkers are fleeing to Miami to escape high taxes.

New York millionaires who relocate to Florida can save more than $1 million in taxes each year.

Super rich Scottish landowners rake in millions in EU subsidies paid for by taxpayers

A Sunday Mail investigation has revealed the incredible sums being handed over to multi-millionaires including the Duke of Buccleuch and a top Tory donor.

IOSCO Publishes Recommendations on Sustainable Finance

The report explores the trends and challenges that influence the development of sustainable finance in emerging capital markets.

Mauritius: an emerging jurisdiction for ship registration

Mauritius has the infrastructure and incentives to be an alternative jurisdiction of choice

Appleby Attorney Named "Private Client Lawyer Of The Year"

A prominent figure in the Private Client and Trusts sector, Appleby Partner Carlos de Serpa Pimentel has been named ‘Lawyer of the Year’ in Who’s Who Legal 2019 awards.

Five of Ogier's rising stars named in eprivateclient Channel Islands Top 35 under 35

Career progression, the quality and number of nominations and the seniority of who made the nomination and what that person said were crucial elements in determining who makes the list.

EU reviews Deutsche Bank, SocGen in screening of past money-laundering cases

Under the plan, the European Commission is assessing cases between 2012 and 2018 with the aim of producing a report this summer that identifies the factors that contributed to the banks’ failure in preventing financial crime.

Shakira appears solemn as she pleads innocent in tax evasion case

‘Shakira has always, including in the period between 2011 and 2014, met her tax obligations in every country she has worked in,’ the statement read.

Implementation of tax transparency initiative delivering concrete and impressive results

Voluntary disclosure of offshore accounts, financial assets and income in the run-up to full implementation of the AEOI initiative resulted in more than EUR 95 billion in additional revenue (tax, interest and penalties) for OECD and G20 countries over the

Joint report by the IBA and the OECD on the Role of Lawyers and International Commercial Structures could bring changes to international transactions

This report will clearly be of interest to lawyers but also to clients involved in multi-jurisdictional transactions.

Conduct, risk and the implications of SMCR for fund managers

The SMCR, while implemented by the UK regulator, is borderless

Standard Chartered shows it’s a bank of action against illegal poaching

The first phase of ‘Here for Good’ was launched in 2018 and focused on stories about issues that limit commerce and prosperity for people.

Legal,Regulation,Tax & Compliance