06/08/2022
Stifel to bolster European footprint with acquisition of ACXIT
It also maintains a presence in additional key verticals such as industrials, real estate, and consumer and retail.
Legal,Regulation,Tax & Compliance
06/08/2022
Deutsche Bank wants to get the cash under control
Since handling cash in branches causes costs, it should only be available in a few large centers and at ATMs.
06/06/2022
Leading law firm for philanthropy and impact investing in Asia Pacific
The awards aim to recognise leaders in the global wealth management industry that demonstrate a commitment to and pre-eminence in the crucially important areas of environmental, social and governance (ESG), impact investing, diversity and inclusion.
06/06/2022
Get the super-rich to payback: Impose a windfall gain tax and a wealth tax
The Cabinet had no other viable option given the grave situation faced by the Government (and the country).
06/02/2022
Is it time to strategically transform tax operations?
New tax operating models can help investment management firms focus on strategic issues while saving cost
06/02/2022
Old dogs, new tricks: adapting central bank balance sheets to a world of digital currencies − remarks by Andrew Hauser
Given at Federal Reserve Bank of New York and Columbia SIPA Workshop on ‘Monetary Policy Implementation and Digital Innovation’, New York
06/02/2022
New EU Regulations: Great Opportunity for Sustainable Investing
The EU’s Action Plan on Sustainable Finance is focused on promoting sustainable finance and driving investments towards a low-carbon economy.
06/01/2022
Vontobel Embroiled in Bitter Legal Conflict with Two Asian Companies
The NZZ said both sides are becoming increasingly aggressive.
06/01/2022
FINMA extends protective measures at Sberbank (Switzerland) AG
The measures will remain in place until 2 August 2022 owing to heightened international sanctions and the continuing risks for the bank’s liquidity situation.
05/31/2022
Carey Olsen's Dean Robson named in Channel Islands Top 35 Under 35
Dean's inclusion marks the third straight year he has been recognised by eprivateclient.
05/31/2022
The CSSF sanctions Natixis Wealth Management Luxembourg
The bank took note of the sanction and specified that “as part of its medium-term plan 2021-2024, Natixis Wealth Management has decided to end this non-strategic depository activity, managed in run-off since September 2021”.
05/31/2022
Nigel Green fined and banned for five years in South Africa
The investigation revealed that Brite which was formerly known as deVere Investments South Africa (Pty) Limited, and deVere SA Acuma (Pty) Ltd, during the period 22 February 2010 to 1 August 2015 contravened various financial sector laws.
05/31/2022
German police raid DWS and Deutsche Bank over greenwashing allegations
Asset manager accused of misleading investors about ESG factors in its financial products
05/31/2022
April Hamel Listed For The Second Year As Channel Islands Top 35 Under 35
April joined Accuro in September 2020 as Legal Counsel
05/30/2022
UBS Must Pay Clients $1.4M Over YES Options Strategy
The causes of action related to UBS’s Yield Enhancement Strategy (YES), a managed-account options strategy product.
05/30/2022
Top 10 expat tax havens according to data crunched by anti-money laundering expert
It looked at the numbers around taxes, rent cost, weather/beaches rating and the quality of bars and restaurants in the tax haven.
05/27/2022
Super-Rich Families Face Longer Wait for Tax Breaks in Singapore
Singapore has worked hard to attract some of the world’s wealthiest clans; its low taxes, relative safety and gradual re-opening of its borders have made it an ideal haven.
05/26/2022
EU Commission proposes rules on freezing and confiscating assets of oligarchs violating restrictive measures and of criminals
They are helped by the existing legal loopholes, as the rules on breaches of EU restrictive measures vary across Member States.
05/26/2022
‘Historic’ global tax deal on multinationals delayed until 2024
Some doubt the OECD-brokered agreement, which would levy more tax on the world’s largest firms, will ever be implemented
05/26/2022
Guilty by Association Despite Few Real Breaches
This vulnerability is still very relevant today and it mainly relates to two specific industries - the financial sector and precision machine tool manufacturing technology.