Managers of Wealth

Rogue Banker Living In Luxury After Admitting To Stealing Millions

Gaglio's confession in January 2013 came after Hottinger & Partner's parent company, Swiss bank Hottinger & Cie, fell into bankruptcy

Tax cheats, welcome to America!

The US is already a tax dodger’s paradise and Donald Trump’s new reforms will make it even more so. Germans are justifiably upset.

Over 2600 bilateral relationships in place for the exchange of CRS information

The implementation of the CRS requires both domestic legislation to ensure that financial institutions correctly identify and report accounts held by non-residents, and an international legal framework for the automatic exchange of CRS information.

Jurisdictions implement final regulations for first filings of CbC Reports

With more than six months before the first exchange deadline, there are now over 1400 automatic exchange relationships in place among jurisdictions committed to exchanging CbC Reports as of mid-2018

Swiss supervisor ends investigation into ex-Raiffeisen CEO

Vincenz stepped down from his role as chairman of insurance group Helvetia this week.

Finra fines Raymond James $2 million over emails

FINRA found that during a nine-year review period, Raymond James’ email review system was flawed in significant respects

Hedge-Fund Titan Gets Sued By Mistress – The Wild Details Include An Ostrich Farm

The beauty queen-turned-Tesla model met Gibbins while dining at Le Bilboquet in Manhattan in June 2014, her suit says.

PRA approach to the authorisation and supervision of international banks, insurers and CCPs

The Bank of England (BoE) has announced that it is consulting on its approach to the authorisation and supervision of international banks, insurers and central counterparties (CCPs) as the UK redefines its relationship with the EU.

SIX reprimands Bellevue Group for financial statements

Bellevue Group AG breached the requirements of IFRS in its 2016 annual financial statements

JPMorgan broke anti-money laundering rules in 1MDB deals: Switzerland

The scandal surrounding the Malaysian state fund 1Malaysia Development Berhad has rocked the administration of Malaysian Prime Minister Najib Razak.

Brazil charges Swiss bank manager with laundering bribe money

They said Suarez concealed the illegal financial operation with false information given to the bank’s compliance office.

Is That Champagne in Your Sorbet? Prove It

The Comité Champagne took Aldi to court in 2012.

1MDB scandal: Singapore issues more financial bans

MAS had earlier this year served notices of intention to issue prohibitions against the two men.

Offshore firm at centre of Paradise Papers expose suing The Guardian, BBC

It has sought damages for the disclosure of what it said were confidential legal documents

Seven ways for wealth managers to benefit from MiFID II

With regard to wealth management clients, they will have greater information on how their advisers choose services for them and how much they are charged for these.

He Stole $100 Million From His Clients. Now He’s Living in Luxury on the Côte d’Azur

Rogue banker confessed to running a Ponzi scheme. But was he hiding a bigger crime?

FCA's Bailey: Investors should be ready to 'lose all their money' in Bitcoin

'Very volatile commodity'

JERSEY: Substantial Comfort for Fund Managers

There are very few other jurisdictions which can compete with that sort of depth and breadth of alternative fund experience and capability.

Two Appleby Partners Recognised in Citywealth's Top 200 Most Powerful Women of 2017

Alison and Vanessa commented, "We are honoured to have been named within this prestigious report and included in such an influential group of women."

'That's not a lawsuit': Hogan suing Grill'd over famous line

The mugger demands Mick Dundee's wallet, with Kozlowski's character Sue telling him to comply because "he's got a knife".

Legal,Regulation,Tax & Compliance