Managers of Wealth

Appleby's head of Private Clients & Trusts nominated for ‘Trusted Advisor of the Year’

There are only five individuals nominated for this prestigious award.

Sweeping changes to Mauritius Global Business Sector

This memo provides an overview of some of the salient changes which may have an impact on our clients’ businesses.

SEC Charges Technology Fund Adviser, Founder in Fraudulent Scheme

The SEC’s investigation was conducted by Eric Brooks, Michael Foley, and Ellen Chen, and was supervised by Jeremy Pendrey of the Enforcement Division’s Asset Management Unit in the San Francisco Regional Office.

Goldman Faces Losses on Venezuelan Bond Deal That Drew Criticism

Venezuela bond declines underscore the risk Goldman and its clients took on with an opportunistic investment in a country facing challenges

Billionaire racehorse owner launches court case against Lloyds Bank subsidiaries

Trevor Hemmings’ Manx Capital was among a group that secured a £200m settlement from RBS in 2017

Global corporates shifted $616 billion in profits to 11 tax havens

The documents revealed a web of secretive offshore tax regimes

Malta wealth managers named in Venezuelan graft probe

MaltaToday has learnt that Portmann Capital Management Limited is the Maltese investment firm that is referred to in the Homeland Security Investigations criminal complaint filed in the courts of Miami

Aristocrat sues France for €351m in row over Monaco throne

He insists his legal action is not aimed at Monaco’s current ruler, Prince Albert, but the French state.

English High Court Issues Milestone Judgment in Favour of Quantum Global

The UK court froze the assets in April after the FSDEA's legal team complained that the money may be being used in an alleged fraudulent conspiracy.

RBC whistleblower protections under FCA scrutiny

Regulator made aware of at least five further complaints after whistleblowing former employee wins unfair dismissal case

$24M Thailand Bitcoin Fraud Case Update; Three Banks, Investor and Family on the Hook

The $24 Million Thailand Fraud Case Entangles A Leading Stock Investor And Bank Employees

Millionaire tech mogul faces jail time after losing appeal

e has been free on $250,000 bail while his attorneys appealed his case.

UK taxman does Monaco roadshow in tax avoidance crackdown

HM Revenue and Customs is doing a roadshow in Monaco to raise awareness of two major changes to UK tax legislation.

Two Appleby Partners named in The Legal 500 Hall of Fame

It is especially pleasing to know that this listing is a result of the comments we have received from clients over a number of years.

Hong Kong wealthy save millions using property tax loopholes

Tax revenues took HK$9.4bn hit since 2010

Creechurch whistleblower awarded record compensation

In a rare move, the decision about the wealth manager has been removed from the official IoM website

Royal Bank of Scotland pays $4.9 billion for crisis-era misconduct

The Justice Department said that RBS disputes the allegations and does not admit wrongdoing, although the bank said in a statement it was happy to move on.

Companies should act on Luxembourg corporate law reforms before deadline

The reforms affect voting rights, share issuance to employees and directors, requirements for AGMs and meetings by email and videoconferencing.

Bankers, Celebrities Sue Over Film Deals Turned Tax Avoidance

The U.K. government has cracked down on the misuse of movie tax breaks in recent years.

ZKB settles seven-year tax battle with DoJ

According to a statement released by the DoJ, ZKB was charged with 'conspiring to help US taxpayer clients evade their US tax obligations

Legal,Regulation,Tax & Compliance