Managers of Wealth

Bankers face 4 year minimum jail time in EU crackdown

Financial market abusers could face a minimum of four years in jail under new plans voted through the European Parliament on Tuesday amid a string of financial scandals.

Channel Islands Securities Exchange Authority: Continuing Obligations - chapter 8 debt securities

all affected securities are no longer listed on the Official List of the CISX but instead listed on the CISE. Issuers will be subject to the Listing Rules and other mandatory requirements of the CISE;

BBH slapped with record $8 million AML-fail fine by Finra

BBH executed these transactions despite the fact that it was unable to obtain information essential to verify that the stocks were free trading.

FCA guidance on inducements for product providers and advisory firms - FCA

The guidance is relevant to all providers of retail investment products to be sold by advisers, as well as advisory firms providing personal recommendations for such products and payments made by providers to unregulated third party firms that are for the

Norton Rose Fulbright launches global regulation and investigations practice

We identified global regulation and investigations as an area that is one of the greatest for clients in terms of concern, focus and spend

IBM Uses Dutch Tax Haven to Boost Profits as Sales Slide

Attracted by the Netherlands’ policies and extensive network of tax treaties, IBM joins companies such as Yahoo! Inc., Google Inc. and Cisco Systems Inc. that have used Dutch subsidiaries to cut taxes.

Senior Management Increasing Efforts Globally To Combat Money Laundering

Attention being paid by senior management to money laundering challenges is at an all time high according to findings from a new KPMG International report.

LinkedIn fraudsters claiming to be from Aberdeen Asset Management

Aberdeen Asset Management is warning people to look out for emails from fraudsters purporting to be from the company

Bath and the South West law firm expands private client team

In addition to a number of key hires in 2013, the team was further strengthened last month by the acquisition of Wheatley-based law firm, Whetter Duckworth Fowler which has an excellent reputation for its private client and property work.

Hedge funds seek 1.8 billion damages from members of Porsche's owning family

The most recent lawsuit forms part of a legal campaign being waged by hedge funds in various courts across the world, seeking to recoup money which was lost by betting on a decline of Volkswagen's share price in 2008.

Private equity snaps up admin arm of leading offshore law firm

The deal for the law firm’s services arm, which has 10 offices across the Cayman Islands, London, Jersey, the British Virgin Islands and Guernsey, is thought to have an enterprise value of around £180m.

BNP Paribas launches depositary banking business in Switzerland

This launch allows BNP Paribas’ asset manager and asset owner clients with funds domiciled in Switzerland to benefit from the banks’ established, pan-European expertise in depositary services such as cash monitoring, oversight and safekeeping

Ex-UCCI president faces extradition to the Cayman Islands

He is the former president of the University College of the Cayman Islands who suddenly left the territory in 2008 claiming to be suffering from a severe illness.

State Street fined £23m for 'can of worms'

TM is a service provided to clients to support structural changes to asset portfolios with the intention of managing risk and increasing returns. TM services may be required when a client needs a large portfolio of securities to be restructured, or when

Legal,Regulation,Tax & Compliance