Managers of Wealth

Are Hong Kong tax incentives for family offices ‘too little, too late’? Some lawmakers think so

It maybe too late as Singapore has offered tax waivers since 2020, lawmaker for accountancy constituency says

Credit Suisse Faces a Menacing AGM

Last year was a turbulent one ending in a loss and there are several items on the agenda released yesterday that could potentially face a great deal of criticism from shareholders.

Finma license for women team and AI wealth managers

Wenzinger Finanz AG from Affoltern am Albis and Zurich-based Smart Wealth have recently received official approval from the Swiss Financial Market Supervisory Authority Finma as asset managers.

Julius Baer is appealing in France

This in connection with large-scale trickery with French VAT

Standardized format released to support reporting on digital platform sellers

The newly released Digital Platform Information (DPI) XML Schema may be used for the reporting and exchange of information under the original scope or the extended scope of the model rules.

Credit Suisse excludes Greensill scandal from directors' exemptions

The bank will not seek to exempt its directors from responsibility for the Greensill Capital scandal, as shareholders call for a special audit into the collapse of its supply chain finance funds linked to the failed firm.

10 measures to expose sanctioned Russian oligarchs’ hidden assets

The Tax Justice Network has in response published a briefing detailing 10 transparency measures that the task forces can take to cut through financial secrecy

Future of Tax

The most-pressing business issues and opportunities facing tax and business leaders today.

Credit Suisse: Decision by a Court in Bermuda

The life insurance subsidiary has been closed to new business and in wind-down for more than seven years and has no other material business that will be affected by this judgment.

Family constitutions are on the rise

Family constitutions can bridge both the personal and professional interests of the family.

Attorney General's office searches Pictet office

The bank told Le Temps that it conducted an internal analysis in 2014, in coordination with Finma.

Tax allowances shrink 6% in a decade as fiscal ice age continues

Plan now to make use of the available allowances this coming tax year

President Joe Biden to propose new 20% minimum billionaire tax

Over half the revenue could come from those worth more than $1 billion.

High-End Swiss Watches Confiscated in Russia

It is hard to think of something more symbolic of Switzerland than watches.

Corruption Probe Derails UBS’ China Plans

In addition, the plans are also being reviewed as the scope for the business was overestimated after China’s banking and insurance regulator published new rules in 2021.

Russian Inheritance Battle Reaches Switzerland

The whole thing has unraveled into this veritable War of the Roses that the boulevard press has followed closely.

Consultation paper released on proposed tax concession for single family offices

After taking the comments into consideration, a tax amendment bill will be introduced to the Legislative Council.

Central bank digital currency platform shows progress in fintech

The prototypes of a shared platform for central bank digital currencies highlight the progress in distributed ledger technology.

OECD requests comments on reporting framework for crypto-assets and amendments to CRS

The OECD announcement indicates that the CARF would cover “crypto-assets that can be held and transferred in a decentralised manner

Ogier named best offshore firm

This year, more than 20,000 votes were cast in total, and the winners were announced at gala event in London on Thursday 24 March.

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