11/04/2024
The government earlier this year laid out plans for tougher capital requirements for UBS and Switzerland’s three other big banks in a bid to make the financial sector more robust after the crash of Credit Suisse.
11/01/2024
The FCA issued a notice that Odey’s behaviour towards the firm he founded Odey Asset Management and the regulator ‘lacked candour’.
10/31/2024
The asset manager’s large IHT portfolios were not overly punished in the Budget despite the tax relief available on its AIM portfolios being halved from 2026.
10/31/2024
As the dust settles on the Budget 2024, advisers from the Spear’s network give their insights into the impact the government's tax policies will have on Britain's HNWs and entrepreneurs
10/31/2024
Rachel Reeves, Chancellor of the Exchequer, outlined her Budget today which may contain various tax rises for UK residents which Canaccord say has been causing concern for their wealthy clients.
10/31/2024
The government’s Budget measures are predicted by the independent Office for Budget Responsibility to generate nearly £40 billion ($52 billion) in additional revenue in the 2025/26 tax year.
10/30/2024
The event began with welcome remarks from Paul Geddes
10/30/2024
With the Budget set to hit wealth creators, high net worth individuals and non doms, there are concerns the Chancellor could be eyeing up an exit tax
10/28/2024
Ahead of Rachel Reeves' 30 October Budget, experts from the Spear's network share their insights into the likely impact of these potential tax changes on the UK’s high-net-worth community
10/25/2024
“Offshore income has largely been ignored by the tax authorities, but, obviously, that is changing,” a Hong Kong-based wealth advisor told APB.
10/22/2024
This period of uncertainty has understandably led many clients to adopt a “wait and see” approach as they await the outcome of the upcoming Budget.
10/22/2024
Customer securities managed by Flowbank, while not part of the bank’s balance sheet, were expected to be transferred to another bank's custody relatively quickly.
10/22/2024
Ultra-wealthy individuals might move abroad if the tax system in the UK becomes too burdensome
10/18/2024
President Christine Lagarde noted that ‘we will determine what is the best rate, what is the best speed, how far, how deep we have to go to return inflation to its 2% medium-term target.
10/16/2024
This was determined by the Government Council of the Canton of Basel-Stadt.
10/16/2024
They added that some of the targeted Chinese had at least US$10 million (HK$78 million) in offshore assets
10/15/2024
FINMA is of the opinion that if the preferred restructuring strategy were to be applied, UBS could be resolved today by means of “single point of entry” recapitalisation.
10/15/2024
WAM manages assets of approximately £1.5 billion on behalf of ultra-high net worth entrepreneurs and charity clients.
10/14/2024
A UK transparency levy would kick-start global efforts to make it harder to conceal business ownership and beneficiaries
10/11/2024
In some cases, it is desirable for families to establish their own private investment structures to hold their investments.