Managers of Wealth

Combining this year's promotions and new lateral talent, the Firm added 139 partners

Nearly 40% or 31 of the new promotions are women; a market-leading number for any law firm.

Making wealth managers ready as the MiFID II deadline approaches By Rodney Taylor, Profile Software

There are new and detailed requirements to ensure that any newly created product passes an approval process, an appropriateness test, and is fit for the intended target audience.

FCA funds study: six things Hargreaves Lansdown wants to see

The funds industry is twitching ahead the FCA study, with some reports suggesting fund firms could even face enforcement action.

How Jimi Wanjigi makes billions at taxpayer’s expense

They are for fortune and health.

The vin guard: 'Sherlock Holmes of wine' on the hunt for fraudsters who cash in on fake plonk

Maureen Downey, the world’s top wine expert, says swindlers buy old bottles on eBay, fill them with inferior wine and sell them for thousands

Secretive owners of Scottish 'tax haven' firms to be revealed

It should mean that the shadowy owners of Scottish shell companies may finally be exposed.

Riddle of the ruins

The body of Michael Treichl was recovered from Lake Geneva last week

Tax deductions: the why behind the giving

Tax efficiency appears not to be the most powerful driver of giving among affluent American households

Australian whistleblowers could get access to bounties worth millions

Under the legislative proposal, corporations could be forced to pay compensation relative to the employee's salary or a lost promotional opportunity.

FINMA imposes sanctions for insider trading and market manipulation

FINMA has also ordered the proceeds of the company's liquidation to be disgorged in full as unlawfully generated profits.

Royal Bank to cut 450 jobs, mostly at head office, in banking's shifting landscape

Canadian banks have announced more than 5,000 job cuts tied to restructurings during the past three yearshifting landscape

Bermuda under EU blacklist threat, claims Richards

Bermudians should regard this Code of Conduct Group as the ‘EU Blacklist Group

Macquarie bankers drug colleague with valium and laxatives

The drugging is believed to have occurred between June 1 and June 10, 2011.

Protection for Trusts Governed by Bahamian Law - Higgs & Johnson

The purpose of Section 8 of the TCGLA is to act as a ‘firewall’ to protect Bahamian law governed trusts from attacks mounted on familial disputes or forced heirship claims emanating from jurisdictions outside of The Bahamas.

Woman loses £50m divorce fight after claiming husband 'set up sham offshore trust'

The pair, who have not been named, had already racked up lawyers' bills of more than £2.2 million.

Edmond de Rothschild fined for alleged involvement in 1MDB scandal

The affair, however, is mentioned in the annual report published in June.

Private bank granted bankruptcy ruling against Boris Becker

Representing Becker, advocate John Briggs had argued that Becker was hoping to raise €6 million (£5.2 million) by remortgaging a property in Majorca.

Competition regulator greenlights £11bn Standard Life-Aberdeen merger

The Competition and Markets Authority launched an initial investigation into the merger in May but has decided not follow that up with a more in-depth review

IMF: Working Together to Fight Money Laundering & Terrorist Financing

We both know that these global challenges cannot be resolved by countries working alone.

EU’s new tax avoidance law to target Channel Island schemes

Schemes involving transactions to low tax jurisdictions such as Jersey and Guernsey will need to be reported to the European Union, under new legislation aimed at tackling tax avoidance.

Legal,Regulation,Tax & Compliance