Managers of Wealth

Basel WM signs UN responsible investment initiative

The strategy has recently reached its tenth anniversary, which spurred its fund managers, Sybille Wyss and Bollag himself, to rethink the fund's investment approach.

Liechtenstein says didn't press for Swiss inclusion on EU tax havens list

Both countries have oversized financial industries and in the past have drawn scrutiny as places to stash offshore wealth.

Senate Tax Plan Could Also Hit Digital Wealth Advisers

Algorithms that prioritize sales of share lots that have lost value would become less effective

Taxing private wealth may affect Singapore's reputation

They said it is a tricky tightrope to navigate as levies could take on many forms, from further imposts on property to perhaps the reintroduction of estate tax, which was abolished in 2008.

Chinese banks push back on regulators’ plan to bring wealth management products in line

Ten mid-sized banks have asked regulators to extend a June 2019 deadline by another 18 months until the end of December 2020, for ending promised guarantees on wealth management products.

Cristiano Ronaldo May Be Fined at Least $35.3Mln for Tax Evasion - Reports

Ronaldo is accused of defrauding the Spanish Treasury of 14.7 million euros in taxes from 2011 to 2014, with the court hearing on the case set for December 22.

Noel Edmonds to sell £3 million dream chateau

Noel Edmonds selling house to pay for legal bills

UAE questions US omission from tax haven blacklist

Dubai wealth managers have questioned why countries like the US and Switzerland have been left off the EU tax haven blacklist but the UAE has been included.

Possibility of privately-held wealth tax arises after Heng's comment

Unfortunately, he had the opposite effect.

Ex-UBS senior strategist was 'fed up'

He told a Manhattan federal jury on Thursday that he was let go shortly after he ignored a request to scrap a report about how a double-dip recession could hurt the hotel industry’s real estate.

Private Client | December 2017 - Saffery Champness

A round-up of topical tax and personal finance issues affecting individuals and families

Former Company Insider Earns More Than $4.1 Million for Whistleblower Tip

The whistleblower is the third awarded by the SEC in the past week.

Mazars to strengthen financial planning offering via acquisition of RCL Consultancy

Mazars also enters into a joint venture with The Embark Group to launch ‘Vested’, a new employee benefits joint venture

Billionaire Kiuna takes on Old Mutual in buyout row

He wants the High Court to stop compulsory acquisition of his stake, arguing that the fact that UAP shares have been valued at 14 times more than OMLAC is a sign of foul play.

Bra tycoon turned Tory peer Michelle Mone set to move into £11m pad bought by billionaire boyfriend's offshore trust

Mone's boyfriend Doug Barrowman's firm specialises in helping super-rich get around the crackdown on tax avoidance.

JPMorgan, Santander partner in asset management in Brazil

Santander has 263 billion reais ($81.4 billion) in assets under management in Brazil

How to avoid HMRC’s new powers turning into a can of worms by George Bull

Sometimes new tax rules bear little resemblance to the colourful label applied when they were announced by the Chancellor of the Exchequer. It’s important that HMRC’s new powers to tackle tax avoidance don’t turn into a can of worms.

FCA regulatory sandbox update

The FCA has published a list of firms that have been successful in their applications to begin testing in cohort 3 of the FCA's sandbox. The FCA received 61 submissions for the third phase, of which 18 applicants met the sandbox eligibility criteria.

Five effects of regulation

‘The pace and relentlessness of the changes required, exacerbated by legacy infrastructure and siloed operations, comes with a significant price tag, and is something that many wealth managers are still underequipped to deal with.

New recognition for Appleby lawyers in latest Legal 500 rankings

The results show that Appleby continues to hold their top tier rankings in many sectors, including the newly introduced banking, finance and capital markets sector.

Legal,Regulation,Tax & Compliance