Managers of Wealth

Citi Private Bank Law Firm Group and Hildebrandt Consulting Issue 2022 Citi Hildebrandt Client Advisory

U.S. Law Firm Industry wraps up one of the strongest years on record with growth levels not seen since pre-2008

Former Irish rugby player in court over alleged theft of almost €600,000

He was accused of 15 offences between 2011 and 2013 and made no reply when charged.

Article 123 bis is given a new set of teeth to bite into offshore trusts’ profits

French Tax Bulletin: Article 123 bis is given a new set of teeth to bite into offshore trusts’ profits

The private funds guide to SFDR

ESG data gathering and analytics is Intertrust Group’s first ESG product

Credit Suisse Execs Quizzed as Rogue-Banker Case Quickens

Two of the six executives already met with the Geneva prosecutor last month, according to people familiar with the matter.

Tax Justice Network proposal to FATF’s consultation on beneficial ownership for legal persons

While a multi-pronged approach using many sources of information is welcome, a central beneficial ownership register should become mandatory for all countries, without allowing for “alternative mechanisms”.

IOSCO Recommendations for ESG Ratings and Data Providers

These aim to help increase trust and transparency in the rapidly expanding ESG market.

Allen & Overy advises Christie’s

The new business, which will retain the name Christie’s International Real Estate, will create one of the largest residential brokerage firms in the U.S.

Swiss Watchdog Contemplating Clawbacks

Until now Switzerland’s main banks have cut the salaries of executives who have been involved in scandals or caused losses.

HNWs could be denied access to FSCS

The FCA said it had looked at claims processed over 2020 and 2021 in order to consider the impact such an exclusion would have.

The pitfalls of over-reliance on economics research in corporate tax policy

The chosen approach was highly controversial even within the MoF. High-ranking civil servants found meaningful short-term impact unlikely.

Finma license: "We did it without external help"

The entire process at his company, which with five employees is one of the smaller representatives of the industry, took a total of around nine months.

EU fines banking giants €344 million over FX price fixing cartel

The Commission's investigation focused on the trading of the G10 currencies, the most liquid and traded currencies worldwide.

Federal Council initiates consultation on automatic exchange of information with twelve more partner states

ith the introduction of the automatic exchange of information with emerging market and developing economies, Switzerland is committed to international standards to combat financial crime, tax evasion, money laundering and corruption.

Meyado Private Wealth Management UK in liquidation

Financial Services Compensation Scheme says people may be eligible to claim redress

EU Commission fines UBS, Barclays, RBS, HSBC and Credit Suisse

The Commission has adopted today a decision imposing a total fine of € 261 million

Germany Raids Big-Four Firm Over Swiss Tax

German officials raided the offices of PwC in Frankfurt over allegations of a Swiss tax scheme that may include current partners of the big-four consulting firm.

Offshore SPACs Listing on the London Stock Exchange

The Hambro Perks SPAC is a Guernsey company. Companies formed in Guernsey, Jersey, the Cayman Islands, the BVI and Bermuda (“Offshore”) all have similar benefits making them attractive as SPACs for listing on the LSE, which are summarised in t

Citi, Commerzbank Named in Congo-China Corruption Scandal

The deal was meant to help rebuild critical infrastructure in the DRC, improving the lives of everyday citizens.

Criminal Case Reveals Breach of Swiss Banking Secrecy

Violations of data confidentiality can be punished with up to three years in jail under Swiss law.

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