Managers of Wealth

Cyborg supervision – the application of advanced analytics in prudential supervision

Advanced analytics are also likely over time to lead to changes to the way we do our jobs as supervisors.

SocGen to pay $1.3 billion to settle U.S. sanctions case

“The absence of an effective, global sanctions-compliance infrastructure and lack of management oversight allowed Société Générale employees to ignore the scope and applicability of laws governing economic sanctions, as w

UBS Securities pays $120,000 infringement notice

UBS purchased approximately 18 million securities over a 7-month period in relation to the buy-backs in circumstances where UBS purchased the securities other than by the matching of orders on an order book. UBS reported the transactions to ASX as ‘

Understanding EU anti-money laundering law

This article highlights key aspects of the EU’s fourth and successive directives, which are an important part of Europe’s response to financial crime.

KPMG named a global market leader in Organization Strategy Consulting by ALM Intelligence report

KPMG’s Connected Enterprise framework is noted as driving ‘end-to-end business transformation’.

UBS Has $6 Billion Question; French Judges Will Give Answer

The attorneys were relentless in questioning the truthfulness of whistle-blowers who helped trigger the probe.

Man Utd legend Andy Cole sues Coutts over tax avoidance scheme

Cole is reported to have lost £8 million through film investment schemes promoted by the Queen's bank.

FCA issues scam warning over wealth management firm

This firm is not authorised by us and is targeting people in the UK.

Sexual harassment: is it fit and proper? - Withers

The FCA appears not to have thought about how it will approach its analysis of these types of allegations.

The SEC stays active in 2018 with continued action from its enforcement division

In our view, the Division’s first principle—focus on main street, retail investors—is a bit of a shift in priorities by the current administration, away from attention on the Wall Street institutions and the practices that many blamed fo

OECD releases latest results on preferential regimes

These results indicate the extent of continuing work to end harmful tax practices, and ensures that in the future all preferential regimes require real substance.

Carey Olsen and JTC support Cuba-focused fund with London listing

CEIBA is the largest listed foreign investor offering dedicated investment opportunities directly into Cuba.

Millionaire property developer ‘beat lover to death during sex’

On the first day of the trial yesterday, Birmingham crown court was told that Ms Connolly was killed after the pair spent the day drinking and taking cocaine before engaging in “rough sex”.

UBS whistleblower awarded token damages by Paris court

UBS is facing a tax fraud trial in France that could see the bank fined up to €3.7 billion if found guilty of helping French citizens dodge their tax obligations.

Schroders expands footprint in South Africa

After a positive reception from local investors we are very pleased to be expanding our team in the country.

Tavistock and Lighthouse join forces

Tavistock plans fundraising

UAE, Singapore among eight exemptions in IoM disclosure change

Conduct of Business Code exclusions also applied to Argentina, South Africa and Qatar

Are you ready for ex-post disclosure?

The stakes couldn’t be higher: already Advisors are changing loyalties to product manufacturers who can seamlessly deliver clear ex-ante disclosure.

Wells Fargo reportedly ends investigation of gender bias in wealth management unit

Wealth management head Jay Welker, a focus of many complaints, announced plans to retire on Tuesday

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