Managers of Wealth

Another International Rogue Bank Ordered Shut

The provisional winding-up order for Saab Financial Ltd. was issued in April but only recently came to light.

Canaccord Genuity avoids substantial damages in lawsuit

The company is set to pay a now-closed Greek introducer broker, Medsted Associates, nominal damages after a court ruled it was in breach of contract.

New UK Offences of Failure to Prevent Facilitation of Tax Evasion – looming deadline

Businesses will not be liable for the offences provided they have established the defence by putting in place and maintaining “reasonable prevention procedures”.

Closer Swiss-Singapore cooperation in financial sector

The Finance Minister of Switzerland, Federal Councillor Ueli Maurer, who visited Singapore recently with a high-level delegation, highlights the benefits of broadening and deepening bilateral financial relations in an exclusive interview.

Natixis Asset Management fined €35m for overcharging investors

French watchdog identifies failings connected to fund house’s redemption fees

Privacy Controls - Giving Clients Control Back

Updated Privacy Controls - Giving your clients the control they expect

Wealth managers must prepare for the age of transparency

The European economy is approaching a cliff edge, but it’s nothing to do with Brexit.

Could your Facebook updates be used to determine your grandchildren’s tax status?

A tribunal case to determine whether a group of siblings were domiciled or non-domiciled for tax purposes had to look over the life of the claimants’ grandfather from his birth in 1930

Lloyds staff jailed for plot to steal millions from wealthy clients

Four former Lloyds employees were among seven people jailed for 38 years

Judge Denies UBS Attempt to Handicap Ex-Broker’s New Firm

The Protocol permits brokers who move from one signatory firm to another to take limited client contact information with them.

Financial Conduct Authority approves Standard Life and Aberdeen Asset Management merger

Standard Life and AAM tell the stock exchange they are 'pleased to announce' the FCA and PRA approval while Martin Gilbert tweets his 'delight'

Making Wealth Managers ready as time for MiFID II deadline approaches By: Rodney Taylor, Profile Software

A new area for Wealth Managers will be passing exception reports

Ex-Schroders Trader Clarke Must Pay $456,000 for Insider Trading

The 41-year-old is one of a number of individuals to be prosecuted by the U.K. Financial Conduct Authority over insider dealing

Withers’ global expansion breeds revenue growth as PEP leaps 25%

In 2016, the firm opened a new tax practice in Dubai with the hire of EY's Middle East and North Africa private client head Stijn Janssen.

Britain's biggest wealth manager St James's Place accused of not being clear on costs and restricted advice by Which? investigation

Which? deemed that four out of 10 advisers sampled did not adequately explore the likely cost of investment in general.

Legal,Regulation,Tax & Compliance