Managers of Wealth

How to address the FCA's suitability concerns

The regulator judged a file as ‘unclear’ where it contained insufficient, inconsistent or confusing information.

U.S. charges fired Morgan Stanley wealth manager with theft

The bank was not accused of wrongdoing.

AIMA publishes guide to MiFID2

MiFID2 represents the most significant overhaul of European securities trading rules of recent years.

Swiss prepare to vote on corporate tax unification

Reforms to sweep away attractive deals for multinationals head for referendum

Donald Trump loses multi-million dollar lawsuit after one of his golf clubs violated members' contracts

Players wishing to resign were locked out while still being billed up to $20,000 a year in fees

Singapore seizes S$50 mil private jet belonging to 1MDB mastermind Jho Low: report

The US alleges that the funds were laundered through the US banking system and is seeking to confiscate Low’s private jet, as well as other properties including a US$100-million interest in EMI Music Publishing Group, and a US$380-million stake in t

Is Malta really a tax haven?

A spokesman for Transparency International on the other hand says Malta’s label as a tax haven is not unwarranted.

Fund managers plan executive pay crackdown to avert need for government intervention

The fund managers agreed to the plans in the context of Theresa May’s plans to crackdown on fat cat pay

Citizenship for sale controversy

The Cyprus property market could be hit by a fall in property prices if investors granted a Cypriot passport under the citizenship-for-sale scheme decided to sell their property after three years.

India's wealthy more willing with succession planning

This has all highlighted the broader range of services and products which are now required and more readily being sought to meet the new needs of clients.

Wealth management rivals team up to promote active model

The formation of the alliance comes against a backdrop of increased interest in low-cost index funds

RBS’s private bank hit with £5m Swiss fine

As Coutts did not report any suspicions to the Swiss authorities until 2015.

Famed tax haven Switzerland chases hidden cash

The situation is a role reversal for Switzerland, whose strict bank secrecy laws for years had made the wealthy Alpine country a haven for hidden money.

A Question of Honour for UBS

She penned a book about the bank's alleged tax offenses in 2014, which fed France's investigation into UBS.

How Much Did Dodd-Frank Cost? Don’t Ask Banks

What data is available related to Dodd-Frank compliance costs provides an inconsistent picture about whether banks are burdened by the rule.

Expats in South Africa facing ‘turmoil’ ahead of tax hikes

It is also predicted he will increase estate duty and tax on donations between spouses to increase tax collection on intergenerational wealth transfers.

EBA singles out UK fund manager for €33m bonus

The report noted that the average ratio of variable to fixed remuneration is 468 per cent in asset management

Deloitte's 2017 Essential Tax and Wealth Planning Guide: Financial Preparation Amidst Economic Complexity

The first edition of the guide was released in October 2016 and offered readers insights on individual income tax and wealth transfer planning, as well an examination of the potential tax implications for owning unique investments like art, airplanes and

U.S. appeals court revives JPMorgan silver futures rigging lawsuits

The traders said this forced them to post more capital to support their positions in silver futures spreads.

EM countries target offshore wealth with tax amnesties

Many EM economies are now fully integrated into major fixed income and equity benchmark indices.

Legal,Regulation,Tax & Compliance