08/01/2023
MAS seeks views on framework to combat potential money laundering at single-family offices in S’pore
To qualify for the proposed class exemption, SFOs must be incorporated in Singapore
Legal,Regulation,Tax & Compliance
07/26/2023
Archegos: FINMA concludes proceedings against Credit Suisse
In addition, FINMA has opened enforcement proceedings against a former Credit Suisse manager.
07/25/2023
Archegos Probe Reveals Full Extent of Credit Suisse Failure
The shortcomings are serious and Finma has ordered far-reaching measures applying to the bank and its legal successor, UBS.
07/25/2023
UBS to pay $388m fines for Credit Suisse’s Archegos failings
Credit Suisse has been jointly fined by the Federal Reserve and UK's Prudential Regulation Authority
07/21/2023
Withers recognized as a leading firm globally in latest Chambers High-Net-Worth guide
Withers has "an impressive number of experts across a number of jurisdictions; they are all very knowledgeable in their field of expertise.
07/21/2023
Gibson Dunn Recognized in Chambers High Net Worth 2023
The firm was recognized with a top tier ranking in China: Private Wealth Disputes.
07/21/2023
Mourant maintains top tier ranking in Chambers and Partners High Net Worth Guide 2023
These rankings are widely acknowledged as the definitive mark of excellence across the sector.
07/19/2023
GAM Parries NewGame With Call to Approve Liontrust Offer
The Group opposes the takeover by Liontrust and wants to effect a turnaround at GAM.
07/14/2023
New Philanthropy Tax Incentive Scheme for Singapore Family Offices & Changes to the Fund Tax Exemption Regimes with effect from 5 July 2023
Both of these changes, announced by the Monetary Authority of Singapore ('MAS') on 5 July 2023, are summarised in this article.
07/07/2023
Basel Committee consults on revisions to the Core principles for effective banking supervision
They are universally applicable and accommodate a range of banking systems and a broad spectrum of banks.
07/05/2023
Triple lock and personal allowance face policy showdown as number of taxpaying pensioners soars 25%
Annual income tax statistics from HM Revenue & Customs have estimated that in this tax year there are 8.1million income tax payers above the state pension age, a 25% increase on the 6.47million pensioners who paid income tax in 2020/21.
07/05/2023
FCA confirms investigations into Crispin Odey and Odey Asset Management
Since mid-2021
07/04/2023
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.
07/04/2023
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.
07/04/2023
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.
07/03/2023
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.
07/03/2023
Thomas Gottstein Said to Be Target of Finma Probe
When Thomas Gottstein took over from Tidjane Thiam in February 2020
06/28/2023
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
06/27/2023
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
06/27/2023
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.