Managers of Wealth

Swiss banker bid to keep trip private exposes insider-trading case

In a country where insider trading is typically a civil offence.

UK to bring in non-dom reforms ‘as soon as possible’

The UK government has announced it will introduce long-anticipated changes to the rules governing non-UK domiciles “as soon as possible”, after they were postponed earlier this year because of the snap election.

Swiss to help Indian tax-dodging investigation

The concerned parties had opposed a previous decision by the court to allow the transfer of information surrounding their banking activities between April 2011 and March 2014, when they held HSBC trust accounts in the Virgin Islands.

Withers tops list of Private Client Global Elite

Our position as the most well-represented firm is a testament to our sustained efforts at building an international business that serves every legal need of our clients.

Wealth manager sentenced for fraud drops FCA appeal

In its own representation to the FCA against the decision.

Isle of Man regulator steps up anti-money laundering crackdown

The Isle of Man financial regulator is taking action against anti-money laundering and terrorist financing with new guidance rules aimed at “avoiding a tick-box approach” to assessing the risk of customer involvement in such activities.

Recognition for Appleby as Leading Lawyers

The Listing continues to provide reputable recognition and is a testament to the commitment of our lawyers to achieve the best results for our clients.

Swiss, French to resume tax data exchange after resolving concerns

Switzerland was waiting to clarify the situation before exchanging further information.

Recruitment firms ‘dangerously exposed’ to criminal sanctions

Too many recruitment agencies still have their head in the sand when it comes to the potential severity of the punishments on offer

Ex-BSI Banker Gets 54 Months Prison Sentence

Yeo Jiawei's Ex-BSI Boss Describes 1MDB Kickbacks, Lavish Lifestyle, Cover-Up

HSBC, UBS settle U.S. rate-rigging litigation; 10 banks' total payout tops $408 million

The eight earlier settlements have won preliminary approval.

CRS remains the hot topic for Chinese private client sector

“Guernsey has always been at the forefront of adopting and implementing international legislation, and CRS is no exception,” said Miss Clouston.

Firms suing Chinese fugitive Guo Wengui rush to claim his luxury New York apartment before sale

Despite its US$78 million price tag, the penthouse’s cost represents only one twentieth of the claims piling up against the tycoon in New York state courts

Complex IHT Rules Spark Advice Boom For IFAs

They told researchers that changes in the law to allow extra relief on family homes and pension freedoms that can leave retirement savings outside the scope of IHT are challenging for non-lawyers.

As Day of the MiFID Approaches, Specialist Brokers Advance, Not Retreat

As a result, many brokers are jostling for position on buy-side clients' research lists -- which are likely to shrink as asset managers adapt to paying directly for research.

OECD releases the draft contents of the 2017 update to the OECD Model Tax Convention

As part of the 2017 update, a number of changes and additions will also be made to the observations, reservations and positions of OECD member countries and non-member economies.

Wealthy tax cheats face squeeze with extra inspectors

We will appropriately impose taxes on rich people

ILS will continue to drive risk financing efficiency

The event, hosted by Guernsey Finance – the promotional agency for the island’s finance industry internationally – was attended by 90 delegates from across the insurance, asset management and adviser communities.

Why Is No–one Listening To Repeal FATCA Calls?

Since January, when he moved into the White House, the Trump administration has made several announcements about tax changes, but said nothing about FATCA.

NAB Makes Corrective Disclosure To Customers About Relationships Within Its Wealth Management

The non-disclosure occurred when customers were advised to acquire products issued by NAB Group-related firms, including MLC-branded products.

Legal,Regulation,Tax & Compliance