Managers of Wealth

France is Going to Change Key Wine Regulations

Now as per new regulation these stickers will not be valid on wine bottles for exportation purposes.

Jeffrey Epstein charged with sex trafficking, reports say

US billionaire will reportedly appear before a federal magistrate on Monday

Why City bankers don’t rat out financial crime

There is a fundamental reason why what works on Wall Street would fall flat in the City: the size of the carrot and the size of the stick

Billionaire Owner of Private V.I. Island Arrested in New Jersey

An indictment detailing allegations leading to the arrest are expected to be unsealed Monday as well, according to press reports.

Monaco and the USA are negotiating agreement for exchange of country-by-country reports

The country-by-country reporting scheme was established by countries in 2015 as a result of the OECD/G20 base erosion profit shifting plan.

Increased scrutiny over tax planning makes it necessary for clients to pursue high-quality wealth planning advice

Often, clients assume that trusts are only available to high-net-worth individuals, as they are too expensive to establish and maintain.

FATF Terrorist Financing Risk Assessment Guidance

The FATF Recommendations are recognised as the global anti-money laundering and counter-terrorist financing standard

Inside the Luxembourg free port storing riches for the super-wealthy

One of those zones, and a potential model for the UK’s post-Brexit future, can be found at the end of a motorway, in a warehouse backing on to Luxembourg airport.

Qatar financial regulator fines and bans directors of Guardian Wealth

The action taken by the Regulatory Authority emphasises the standards required of directors of authorised firms to ensure effective governance standards, systems and controls.

Taxing the wealthy

Taxes beyond a point can be counterproductive

Quantum Global Says Swiss AG Office Has Closed Investigations

Quantum Global was in the crosshairs of Swiss prosecutors over its activities with the FSDEA.

Transformation of the way in which investment managers and advisors are regulated in the Cayman Islands

The changes further demonstrate the Cayman Islands Government’s commitment to having a regulated securities investment

Appleby Highly Commended As Offshore Law Firm Of The Year

The annual awards which were held on the 25th June 2019, reward best practice and celebrate excellence across the entire industry.

Expat tycoons welcome UAE's new investment policy

The sectors include agriculture, manufacturing, renewable energy, e-commerce, transportation, arts, construction, entertainment among others," Sheikh Mohammed tweeted.

Peapack-Gladstone to buy wealth management firm

The $4.7 billion-asset company said in a press release Wednesday that the deal, which should close in the third quarter, will be immediately accretive to its earnings

Trustees and the Art Market Part 1: Buying Art

A purchase with the dealer has been agreed in principle; can the trustee sort out the funds and logistics?

Quantum says Swiss prosecutors close Angola-related case

The Swiss investigations into Bastos were closed on 27 June, the attorney general’s office confirmed to Keystone-SDA.

The island used for promoting the scandalous Fyre Festival could now be yours for a whopping $11.8 million

Spanning across a length of 35 acres of land, the gorgeous isle is home to seven beaches as well as the main house and ancillary buildings and is said to boast of several untouched vistas.

Gucci’s Got Expensive Handbags and Expensive Fund Managers, Plaintiffs in Court Settlement Allege

$1.2 million settlement served in allegations Gucci didn’t opt for cheaper investment options when available.

Five mistakes to avoid when implementing an SFTR solution

As firms prepare themselves for impending SFTR reporting requirements, there are some common mistakes they should be careful to avoid.

Legal,Regulation,Tax & Compliance