11/23/2023
Expats in the UAE: understanding the new tax residence rules
It was suggested that they had not truly moved their life and were not spending enough time there.
Legal,Regulation,Tax & Compliance
11/23/2023
Hundreds of investors call for probe into FCA's handling of Woodford saga - reports
Days before redress scheme vote ends
11/22/2023
Shakira tax fraud case highlights perils of cross-border tax requirements for ‘nomadic’ UHNWs
Shakira settled a €14.5 million bill in Spain that hinged on where the singer lived during the disputed period.
11/22/2023
Withers wins £3m refinancing dispute for wealth management client
We successfully obtained judgment against the companies during the disclosure stage of the proceedings.
11/21/2023
Hawksford to acquire Cayman and US-based firm Paradigm Governance Partners
The acquisition will bring Paradigm’s specialist range of governance services to Hawksford’s global fund manager client base, complementing its longstanding expertise in key regions including Asia, EMEA and the UK.
11/15/2023
PWC Makes its Way to the Top in Switzerland – and Hopes for UBS
Figures show that gross revenues rose by 30 percent in the financial year to June.
11/15/2023
ZEDRA to acquire fiduciary services business from AlTi Tiedemann Global
ZEDRA will welcome 59 employees who have been providing trust, corporate, marine and aviation, and family office administration services through its offices in the Isle of Man, Geneva and London.
11/13/2023
UBS's Ermotti to Get a Serious Case of Deja Vu as French Trial Continues
The trial overshadowed the end of Sergio Ermotti's first term as UBS's chief executive officer in the autumn of 2020.
11/13/2023
Increasing the inheritance tax threshold will pull 12,500 families out of IHT annually
Quilter’s calculations show this reform would cost the Treasury on average £1.4 billion per year and prevent around 12,500 families paying inheritance tax each year.
11/10/2023
Professional Investment Portfolio Management
As a result, certain UK retail protections may not be available to clients of Fisher Investments.
11/09/2023
Union Investment reshapes management of €20bn multi-asset range
The German fund house has reworked senior roles and prioritised risk metrics over asset allocation calls.
11/09/2023
FCA issues stern warning to high-cost and underdelivering wealth managers
‘We have seen many wealth managers and stockbrokers failing to meet their obligations to provide a service that delivers good consumer outcomes’
11/09/2023
Finma recognizes new risk – after the crisis is already over
The supervisory authority now attaches greater importance to the risks associated with liquidity and refinancing as well as the outsourcing of business activities.
11/09/2023
German regulator finds ‘serious deficits’ in Leonteq’s due diligence
German regulator finds ‘serious deficits’ in Leonteq’s due diligence
11/09/2023
Swiss SEBA Bank gets approval to provide crypto-related services in Hong Kong
SEBA will begin offering its services to institutional, professional investors and high-net-worth individuals in Hong Kong with immediate effect
11/08/2023
How to prepare your taxes for 2024 if you’re a HNW
Tax advisers tell Spear’s how HNWs can get their affairs in order before the 31 January self assessment deadline and the new tax year in April
11/06/2023
Types and uses of Cayman Islands law trusts
It is an arrangement intended for the safekeeping, management and eventual disposal of property.
11/03/2023
Withers' charity and philanthropy team wins recognition in major legal directories
The Withers’ charities and philanthropy team has been recognised as a top tier practice by leading directories Legal 500 and Chambers and Partners for 2023/2024.
10/31/2023
VT5 enters into Business Combination Agreement with R&S Group
R&S Group is a high-growth, profitable company with a net cash position.
10/30/2023
Swiss Central Bank Says It Couldn’t Save Credit Suisse
The Swiss National Bank lacked the means to rescue Credit Suisse