01/04/2024
UHNWs brace for tax reform in election year
Non-dom status and IHT are set to be front and centre on the political stage. Tax advisers share how clients are already taking action
Legal,Regulation,Tax & Compliance
12/29/2023
Allen & Overy advises Edmond de Rothschild on a strategic agreement with Apex Group
This supports Edmond de Rothschild’s strategy to focus on its core areas of expertise in private banking and asset management.
12/28/2023
Financial Scandals Run Amok in Asia
Numerous banks have been used by the suspects in some form including UBS, Deutsche Bank, Citi, CIMB, DBS and Bank of Singapore.
12/28/2023
Schroders supports FCA’s proposed UK listing rules
These important changes are most welcome.
12/22/2023
Tax evasion: Swiss banker pleads guilty
U.S. taxpayer clients paid IHAG and others high fees for helping them hide their funds and assets and evade taxes
12/22/2023
Julius Baer Probed by Regulator Finma Over Signa Risk Lapses
Finma itself has faced criticism this year following the near-collapse of Credit Suisse.
12/21/2023
Seasonal tips for getting self-assessment right and completing that tax return by 31 January
If you do not have a tax adviser to prepare your return for you, Toby Tallon, tax partner at Evelyn Partners has the following seasonal UK tax return tips.
12/19/2023
HMRC’s Christmas Nudge: Pandora Papers
With the festive season fast approaching, HMRC has released the latest round of nudge letters urging taxpayers to review their tax affairs in light of the Pandora Papers data leak.
12/18/2023
Unlicensed Zurich IAM accused of fraud
Wetzikon-based Zwide has been accused of copying an independent asset manager in Germany.
12/14/2023
Is tax management top of mind?
This means many clients are likely missing out on tax management opportunities available throughout the year.
12/13/2023
Birmingham-based British Steel advice firm failed by the FSCS
BlueSky Wealth Management was placed into liquidation in April
12/08/2023
FCA slams financial promotion exemptions for HNW individuals
Regulator says the exemptions result in consumer harm
12/07/2023
AJ Bell reports 'strong' results with 50% jump in pre-tax profits
33% increase in revenue
12/06/2023
How the US tax evasion crackdown impacted Swiss banking
US action against Swiss banks started in 2009 with UBS paying out $780 million to defer a tax evasion prosecution.
12/05/2023
Nucleus Wrap customers to benefit from another cut to standard platform charge
The rate cut is effective from 1 December and is the second major investment in reducing price for customers in the last 18 months.
12/05/2023
Here’s why Switzerland may not go for a minimum corporate tax rate
The tax rate was expected to be around 15% at the time.
12/05/2023
Global regulatory update Q3 2023
Those updates covered a range of topics from environmental, social, and corporate governance to digital assets, anti-money laundering, counter-financing of terrorism and changes to several major regulations.
12/04/2023
Digital asset manager receives Finma license
The company continues that the approval process was time-consuming and was carried out on its own initiative.
11/30/2023
PIMFA to work with FCA on proposed ‘polluter pays’ model for personal investment firms
We look forward to engaging with the consultation process and would urge the FCA to be mindful to the fact that, at least initially, firms will face the prospect of two charges by way of the FSCS levy and the requirement to hold additional capital as prop
11/30/2023
PIMFA welcomes FCA proposals for Sustainability Disclosure Requirements
Investment labels will help match investors with the funds that are right for them, and the added Sustainable Mixed Goals label will address the problem of funds with multi-asset strategies.