Managers of Wealth

United States to present fresh FIFA allegations

United States attorney general Loretta Lynch will provide the latest details on the FIFA investigation at a news conference in Zurich on Monday.

Relocating to Jersey as a High-Value Resident by Tim Hart

The legal framework for applications for high value residency status is provided by the Control of Housing and Work (Jersey) Law 2012 (the 2012 Law)

Switzerland To Amend Withholding Tax Regime

The Federal Council has now confirmed that the existing exemptions for CoCos and write-off bonds will be maintained for a limited period.

Asset managers set for EU pay shake-up

The draft guidelines set out criteria for whether particular aspects of remuneration should be classed as fixed or variable.

Three More Swiss Banks Have Secured Non-Prosecution Agreements with the DOJ

Since our last update, three more Swiss banks have reached resolutions with the Justice Department under its Swiss Bank Program

US tax rules catch out UK investors, warns wealth manager

A range of commonly held tax-incentivised savings wrappers are not recognised by the US, which has led to many clients coming to Vestra US with tax inefficient portfolios.

Natixis CEO: Why the Gov't Shouldn’t Meddle In Your Investments

John Hailer says the federal government should not mandate a preference for passive index funds

Guernsey extends market access to EU countries under AIFMD

Guernsey's Government, the States of Guernsey, has now amended its Investor Protection regulations for AIFMs and AIFs based in EU Member States

Revenue & Customs 'winding down' inquiries into HSBC Swiss tax evaders

After reopening investigation into HSBC clients hiding money in Switzerland, HMRC admits it has still only prosecuted one tax cheat

New Partner for International Private Client Team

She was recently acknowledged for ‘spearheading a group of Jersey trustees in agreeing the wording for the FATCA guidance notes for Jersey.'

SEC Charges BDO and Five Partners in Connection With False and Misleading Audit Opinions

The Securities and Exchange Commission has charged national audit firm BDO USA with dismissing red flags and issuing false and misleading unqualified audit opinions about the financial statements of staffing services company General Employment Enterprises

Collas Crill named Legal Team of the Year at STEP Private Client Awards

The awards, now in their tenth year, set the industry standard and highlight excellence among private client practitioners.

London Law firm expands with senior financial services lateral hire

She has a diverse range of clients including family offices, high net worth entrepreneurs and fund managers and trust companies.

Highlight on Latin America - closer to Switzerland than you think

The last several years have brought a new wave of greater financial transparency. International families, high net worth individuals and their advisors are now confronted with ongoing changes in new tax and asset reporting regimes and reporting rules.

Legal,Regulation,Tax & Compliance