Managers of Wealth

AJ Bell starts fee cuts on passive multi-asset range

AJ Bell has also fixed its annual management charge at 0.15%.

UBS Resurfaces in Malaysia Probe

Musa, the former governor of Sabah, a mountainous state on the northern tip of Borneo rich in oil, timber and palm oil, is in hot water in Malaysia.

$12 trillion ‘phantom’ corporate investment – it’s not just about tax avoidance by George Bull

Using the latest transparency data, a report from the International Monetary Fund estimates that multinational corporations have invested $12 trillion in empty shell companies. On top of that, around $7 trillion of personal wealth is held in tax havens. W

Credit Suisse Fined in Hiring Probe

This legacy matter did not impact the services provided to any clients, investors or counterparties.

SEC fines New York firm deVere US$8 million over UK pension advice conflicts

Investment advisers have an obligation to disclose direct and indirect financial incentives

Top global investment bank executives charged with criminal cartel offences in Australia

Criminal charges have also been laid against several senior executives

Citizenship for sale: how the rich shop for new passports

Citizenship-by-investment programmes offer the super-rich an opportunity to acquire a new nationality

Dormant Assets Scheme bolstered by industry leaders

Industry support for new plans to expand the dormant asset schemes

Offshore law firm breaks into top three for LSE clients

The Corporate Advisers Ranking Guide show that with 101 LSE listed clients, Carey Olsen has comfortably more than double the number of the next nearest offshore law firm.

Scrapping inheritance tax won’t make divorce easier

Proposals consider being able to gift up to £125,000 per person as a lifetime gift without payment of tax.

ICOs and good governance - Ogier

This difficulty in establishing the correct banking architecture for these businesses undermines the ability of operators to ensure the integrity of their financial governance and is proving a real obstacle to the growth of the sector.

EU puts US on the clock for tax blacklist

If the US does not comply with the OECD Common Reporting Standard by June next year it faces being placed on the EU blacklist for non-cooperative jurisdictions, an EU top official has warned.

US Mounts Major Global Money-Laundering Campaign

It is uncertain how much of the new assertiveness can be traced to the US initiative.

Deflation a tougher foe than Japan's central banker imagined

Kuroda retreats from 'Peter Pan' confidence in power of loose money

Singapore, Malaysia authorities meet as 1MDB probe intensifies

Our Malaysian counterparts have requested for our assistance in relation to their 1MDB-related investigations, and we agreed to a meeting in Kuala Lumpur

Use of behavioural insights may help educate investors, say IOSCO/OECD

The report also provides various approaches for regulators, policy-makers, and practitioners to choose from when considering whether and how to apply behavioural insights.

Hong Kong regulator fines wealth manager

Noah HK did not have an adequate supervision and control mechanism in place for monitoring the sale of investment products.

Property Millionaires Fuel One of Hong Kong’s Oldest Brokerages

The hires will take place over the next year or two and raise the team’s overall strength to about 500.

Liabilities of Legal Representatives and Directors of Chinese Companies

Chinese law does not require a legal representative to have actual knowledge of, or be personally involved in, any of the violations stipulated above.

Wanna be super rich in SA? Study law and finance

The average age of SA's super rich is 57 years and 34% are older than 60.

Legal,Regulation,Tax & Compliance