Managers of Wealth

The Regulation of Crypto-Currencies - Appleby

The Cayman Islands, Bermuda and the British Virgin Islands are three of the world’s largest offshore jurisdictions.

Economic substance requirements in Bermuda, the British Virgin Islands and the Cayman Islands

The legislation was introduced in response to concerns expressed by the Council of the European Union about the absence of clear general legal substance requirements for entities doing business in and through these jurisdictions.

Hedge Fund Co-Founder Gets 30 Months for Role in Alleged Bribery Scheme

Huberfeld pleaded guilty last year to conspiracy to commit wire fraud

Update on Bermuda private trust companies

The conditions that Bermuda's privately funded charities must satisfy to be exempt from the requirement to register as a Bermuda charity

Investment funds: why choose Guernsey?

Simplicity is also key

Overview of Individual Taxation in Switzerland

Income Tax, Wealth Tax, Withholding Tax, VAT, Inheritance and Gift Tax, Real Estate Capital Gain Tax, Real Estate Transfer Taxes, Property Taxes, Personal Taxes

Switzerland signs trade deal with UK

In the case of a no-deal Brexit, no transition period would come into effect.

UBS to Pay $319,000 Over Former Broker’s Alleged Unsuitable Recommendations

BS cooperated with the regulator and neither admitted nor denied the allegations, InvestmentNews writes

Denise Voss, the American helping Luxembourg run its money

Alfi chair says Brexit is mostly ‘lose-lose’ not least because UK has been an EU ally

Luxury goods market finally set for digital shake-up

Luxury fashion, an industry steeped in tradition, is one sector that has staunchly resisted the allure of e-commerce.

Asset protection trusts – why the recent interest? - Ogier

To this end a trust is a tripartite relationship between trustee, property and beneficiary

HMRC allowed to request documents from person abroad says Court of Appeal

There are fines for failing to comply with a notice, and criminal offences for destroying or tampering with documents.

Julius Baer Off the Hook in the US

Since Julius Baer fulfilled its obligations under the DPA, the U.S. Attorney’s Office for the Southern District of New York filed a motion to dismiss the charges.

Monaco, the playground of the rich and famous that may be turning the tax tide

India is hosting Prince Albert II, the monarch of Monaco, a principality synonymous with being a tax haven and an iconic F1 race. ThePrint explains.

Wealth manager warns against ‘crony capitalism’

‘State capture’ is a form of political corruption in which private business interests hold undue sway on political decision-making for their own benefit.

Swiss court rules against Julius Baer in East German assets row

Julius Baer has said previously that it is contesting the claims of the German government agency and has taken measures to defend its interests.

Why have other countries been dropping their wealth taxes?

In the US, property taxes are a cousin of a part of a broader wealth tax, in the sense that they are imposed annually on the value of a property, whether the value rises or falls.

Dubai Called Out for Being “Money-Laundering” Capital of the World

The United Arab Emirates, in contrast, was hailed by the group for being the "least corrupt" country among its Arabian neighbors and on the Northern African peninsula.

Switzerland set to transfer details of Indian account holders in HSBC

The investigation had revealed there were 276 Indian account holders with at least $1 million in their balance of whom 85 are residing in the country.

Deutsche Bank deflects EU lawmakers’ questions in money laundering probe

Little detail given on alleged links to Danske Bank scandal.

Legal,Regulation,Tax & Compliance