Managers of Wealth

Pictet AM: Late ESG Investors to Benefit From Better Regulations

Nonetheless, there was an indication of growing demand with nearly 55 percent planning to invest in ESG products within the next 12 months.

Holiday homes and Inheritance Tax planning

Many clients think only in terms of inheritance tax, but income tax, capital gains tax and stamp duty land tax also need to be considered.

Proposals to simplify the Company's dual share class structure through enfranchisement

Under the enfranchisement, each Non-voting Share will be converted into one Ordinary Share and all such re-designated shares will have the same rights as the existing Ordinary Shares, including full voting rights.

Investec reiterates 'sell' recommendation for Schroder UK Public Private Trust

‘Wary of siren’s call’

Credit Suisse's U.S. Pension Business Under Threat

Institutions or individuals that manage pensions overseen by the Labor Department are required to get permission to continue operations in the event of certain criminal convictions.

Caviar and Diamonds Are Targeted in New U.K. Sanctions on Russia

That takes the total value of Russian goods affected to more than one billion pounds.

PNG Prime Minister Voices Support for UBS Ban

Marape voiced support for the counsel assisting the commission's recommendations earlier this week to penalize UBS’ Australia arm

UBS U.S. Legal Dispute Ends With a Wire Transfer

The officer was fired in 2018, and sued the firm later that year for defamation, initially winning an $11.1 million award following arbitration.

Is Liquidation the Only Option Left for Credit Suisse?

A closer look quickly reveals that the problems are now much deeper, and several things are striking.

UBS Wires $14.1M to Ex-Compliance Officer Capping Off Battle over Defamation Award

The firm would have had to petition the U.S. Supreme Court for a hearing to continue with any appeal.

Schroder UK Public Private wants to look global

Proposed changes to investment policy

Leveraging Centralised Cloud MiFID II Advisory

One way that this regulatory gap may be breached is to implement a digital advisory platform that is ESG and MiFID 2 compliant, underpinned by a goal-based investment planning and advice execution workflow. This will enable institutions to adopt a consist

Germany seizes the world's largest yacht (at least according to volume)

Germany's federal police tweeted Wednesday that it found, "through extensive investigations despite offshore concealment," that the yacht currently belongs to Usmanov's sister, Gulbakhor Ismailova.

Changes to the Unexplained Wealth Orders regime

The changes to the UWO regime appear to have been designed with a mind to the limited use of UWOs since their creation in 2018

Fifth of UK bankers earning more than £125,000 a year benefited from non-domiciled tax status, new research reveals

The new research found the 'non-dom' status benefitted the higher earners most.

Former UBS Rep Faces 60 Years in Prison for Stealing Millions

German Nino pleaded guilty to wire fraud in Florida federal court for stealing more than $5 million from clients and spending it on 'romantic partners,' according to the DOJ.

Finma sends supervisor to crypto foundation

As a precautionary measure, the authority uses a lawyer from the Vischer law firm as an investigator at the plant.

Former top Swiss banker convicted for fraud

A second defendant, Beat Stocker, the former CEO of an IT service management company, was given a four-year prison sentence and a fine.

Singapore Family Offices Set to Face Tighter Tax Incentive Rules

In addition, such family offices must have a minimum of two investment professionals with a 1-year grace period for hiring the second professional and minimum local business spending of S$200,000, subject to tiered criteria based on the assets under manag

HAYVN receives approval from the Swiss Financial Market Supervisory Authority, FINMA

HAYVN will now be offering clients Asset Management, Trading and Custody services from its Swiss entity

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