10/30/2023
Swiss Central Bank Says It Couldn’t Save Credit Suisse
The Swiss National Bank lacked the means to rescue Credit Suisse
Legal,Regulation,Tax & Compliance
10/27/2023
EU tax observatory advocates for global minimum wealth tax
In contrast, affluent individuals who do not employ these loopholes face income tax rates ranging from 20 percent to 50 percent the report highlights.
10/25/2023
Following the UK Finance fraud report Quilter reveals its Halloween CORPSE scam avoidance framework
Louise Cockburn information security awareness and culture manager at Quilter, below talks through Quilter’s CORPSE scam framework
10/18/2023
Madonna ‘facing £300,000 fine after breaching super-strict show curfew’
Curfew rules from the O2’s operators AEG and Transport for London include fines of £10,000 a minute for shows that overrun.
10/18/2023
Scrapping inheritance tax reliefs could send farms and small businesses to the wall
These reliefs have previously attracted criticism, with the implication being that wealthy individuals may invest in farmland or small businesses purely to shield their wealth from IHT.
10/17/2023
Singapore Crypto Bourses Work With UK Investigators
According to Benton, this unique NFT cuts down the duration to freeze assets.
10/13/2023
GAM Holding AG: Newgame SA withdraws its appeal against the Swiss Takeover Board’s ruling of 31 August 2023
Newgame SA withdrew its appeal on 27 September 2023, as a result of which FINMA’s Takeover and State Liability Committee wrote off the appeal proceedings as having become redundant.
10/13/2023
Major shareholder requests delisting of One Swiss Bank
The bank’s share price has benefited from a return to profitability, which started in 2022.
10/12/2023
Bernie Ecclestone is in trouble over money from Julius Baer
The soon-to-be 93-year-old former Formula 1 boss Bernie Ecclestone has pleaded guilty to tax fraud.
10/11/2023
FSB: There were alternatives to the CS takeover
There would have been alternatives, according to the top financial stability watchdogs - that sounds very much like justification.
10/09/2023
Swiss Finance Minister Faces Committee Questioning Over Credit Suisse
It marks the beginning of the political investigation into the forced takeover of the bank on March 19.
10/09/2023
Singapore banks sharpen scrutiny after $2 bln money laundering scandal
In a statement, the Monetary Authority of Singapore said financial firms must verify customers' identities, establish the sources of wealth and funds of higher-risk clients, and keep track of transactions.
10/05/2023
Finma fills a gap in the management
The authority is now able to plug a gap internally.
10/04/2023
High-tax, high-spend, big-state Britain is here to stay, whoever is in power
All signs point to a Labour election win next year – but don’t expect much to change in how the UK is governed
10/04/2023
Credit Suisse writedown: court examines release of more documents
In the battle for disclosure, investors scored an early win in May when the St. Gallen court, in northeast Switzerland, ordered the release of FINMA’s decrees on the writedown.
10/03/2023
Why you should worry about new super tax – even with less than $3m
These two worked examples show how the taxing of unrealised capital gains can have unintended consequences.
10/03/2023
Tax practice acquires West Lancashire firm
The practice also assists offshore banks and trust companies throughout Europe with UK tax issues.
10/03/2023
Corporate Taxation Arrives in the UAE – What? Why? And What are the Implications?
These and other key questions were put to a panel of experts who offered their insights and proffered words of advice to the wealth management community in the region.
10/02/2023
UBS Settles Tuna Bond Case in Mozambique
UBS and Mozambique governments have resolved their dispute over the tuna bonds inherited from Credit Suisse.
10/02/2023
Nine lawyers featured in Spear's Magazine's 2023 rankings
These individuals work with high and ultra-high net worth clients around the world.