Managers of Wealth

We Have Nothing More to Say to EU’s Panama Panel

Luxembourg is being investigated by the European Commission for giving hundreds of favorable tax rulings to multinational companies.

Jersey signs Double Tax Agreement with Mauritius

This is the 13th full DTA signed by Jersey that complies with the OECD Model Agreement.

Exposing Bad Practice in Financial Services

Are New Whistleblowing Regulations Working towards Encouraging a Culture of “Speaking up”?

Brexit: The Latest Impact On Digital Business In Jersey

As we manage this change, how will the three biggest Brexit implications for the digital sector, as researched by techUK, impact Jersey – and is the way forward even a little bit clearer?

Why Bermuda Could Be The Next Switzerland

Being established in Bermuda has implications around taxes.

Global transparency drive may catch more firms than Fatca

Whereas Fatca only applied to US taxpayers, CRS casts a wider net and impacts significantly more people and institutions.

EU Mulls Tax Sanctions for Countries Branded Tax Havens

All of the sanctions could apply to an EU company doing business within a jurisdiction that ends up on the EU tax haven blacklist.

More high-net-worth individuals in Middle East buying second passport

There's also a growing demand for second citizenship from expats in region

Report of the Public Accounts Committee on taxing high net worth individuals

The Report provides details of various measures intended to assist HMRC in the collection of tax.

US$321b: Fines paid by world's biggest banks since financial crisis

Managing those costs will continue to be a major task for banks

Lawsuit against UBS over Enron collapse is dismissed

The plaintiffs chose to sue independently of other Enron investors who pursued similar claims in nationwide litigation.

Top tax official not sure of losses with €10bn transfers offshore

The files containing the information provided by banks to its central computer system.

Swiss Asset Management Revamp

It is designed to enable the Swiss asset management to take full advantage of it growth potential and to strengthen the identity as an independent wealth manager.

UBS will substitute issuer of future loss-absorbing AT1 capital instruments and current and future TLAC-eligible senior unsecured debt

At that point, we also expect to substitute UBS Group AG as issuer of outstanding capital and debt instruments issued by UBS Group Funding (Switzerland) AG.

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