Managers of Wealth

Six’s regulator says biotech broke reporting rules and proposes sanctions

The company allegedly violated the regulations in the financial reporting of 2019 and 2020.

Credit Suisse Investment Bankers Are Bracing for Brutal Cutbacks

Conversations with about a dozen Credit Suisse dealmakers, traders, financiers and wealth advisers, who asked to remain anonymous, depict an investment bank braced for a reckoning.

UBS Faces Fine Over Messaging App Misuse

The settlement is expected to be announced by the end of September.

Changes to HMRC’s Trust Registration Service – do the new rules apply to you?

The deadline for affected trustees to register their trusts on the TRS is 1 September 2022.

Chambers Global Practice Guides - Private Wealth 2022

The guide provides information on 34 jurisdictions

C Hoare & Co sells tax advice business

Acquirer says deal was a ‘natural move’

Marlin Capital Partners expands Apex Group partnership

This extends Apex Group’s existing partnership with Marlin, having been appointed in 2021 to provide outsourced Management Company, Middle Office and Fund Administration services to the Marlin Money Market Fund.

Wealth adviser boosts tax advisory capability

Tax director Stephen Martin, who was hired last year, said it was important to 'provide solutions to all our clients'.

SJP to compensate wife of partner over 'unsuitable' pension advice

It would not be unreasonable for SJP to assume that its appointed representatives could make informed decisions for themselves.

Credit Suisse Ramps up Legal Pressure on Softbank

For its part, Softbank attorneys said Credit Suisse's efforts to get information via courts in the US is a «fishing expedition».

Barings Acquires Australian Property Firm

As of March 31 this year, Barings’ global real estate platform managed a total of $48.9 billion in AUM.

Finma says a portfolio manager licence approval took 536 days

The average time was 108 days.

Swiss attorney general charges former St Gallen Pensionskasse portfolio manager with insider trading

The manager worked for the treasury of the canton of St Gallen from 2003 to 2014, and for the Pensionskasse of the canton from 2014 to 2018, investing pension fund’s assets.

US Whistleblower Victory Against UBS Overturned

For its part, UBS argued that the plaintiff did not even qualify as a whistle-blower.

Bank of England shows new focus on inflation

Central bank accelerates rate hikes with 0.5% increase, but dire forecasts signal rates may not go as high as previously feared.

FINMA extends protective measures at Sberbank (Switzerland) AG

The investigating agent appointed by FINMA will continue to perform their duties.

Partner Kellyann Ozouf on STEP Awards Panel of Experts

Kellyann joins the STEP Panel of Experts for the fourth year running, this year she is once again sitting on the 'Multi-Family Office Team of the Year' Panel.

Geneva WM obtains Finma licence

MSM Investment Advisors provides wealth management services to high net worth families.

PIMFA welcomes extension of the Consumer Duty implementation timeline

Under the FCA’s revised timeline firms will have until 31 July 2023 to implement the Duty for new and existing policies – an extension of three months – and a further 12 months from then – until 31 July 2024 – to implement t

ASIC suspends AFSL of wealth management firm

The firm’s licence has been suspended for six months.

Legal,Regulation,Tax & Compliance