Managers of Wealth

The Fifth Hong Kong-Switzerland Financial Dialogue

The Dialogue was chaired by Mr Edmond Lau

The best reputation and privacy lawyers for high-net-worth individuals in 2022

The list features our Top Ten, Top Recommended and Recommended reputation and privacy lawyers

Ex-UBS Banker Charged in U.S. Fraud Scheme

The 56-year-old spent approximately $4.6 million of the stolen money on several women with whom he was romantically linked, the Securities and Exchange Commission alleged in its lawsuit against him.

Swiss Federal Council requires banks to hold additional capital for residential mortgages

From 30 September 2022, banks will be required to hold additional capital amounting to 2.5% of their risk-weighted positions that are directly or indirectly backed by residential real estate in Switzerland.

Former UBS investment adviser charged with stealing $5.8m from client

The SEC’s complaint, filed in the U.S. District Court for the Southern District of Florida, charges Nino with violations of the antifraud provisions of the federal securities laws

Inclusive Framework BEPS Agreement – Policy Perspectives

KPMG response to the Inclusive Framework BEPS announcement made on 20 December 2021.

Ex-Raiffeisen CEO Asks for Delay in Criminal Trial

The request follows district court judge Sebastian Aeppli's allotment of four more days to the trial, which is based on a nearly 400-page indictment after years of investigation.

How Can Financial Institutions Achieve Efficient Regulatory Reporting?

When the accountholders provide their information to a financial institution, they expect that the institution will use their information to comply with the law.

Strip clubs and fraud: the trial of an unconventional Swiss banker

While Raiffeisen is not on trial, the bank’s reputation has been dragged through the mud for authorising lavish foreign trips and strip club outings on company expenses and for failing to spot a series of suspect deals.

Handling cryptocurrencies in Hong Kong divorce proceedings

I suspect my spouse owns cryptocurrency. What does this mean for my divorce?

Have you disclosed the impacts of climate-related matters clearly?

IFRS Standards facilitate these disclosures.

OECD releases latest edition of the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations

Governments need to ensure that the taxable profits of MNEs are not artificially shifted out of their jurisdiction and that the tax base reported by MNEs in their country reflects the economic activity undertaken therein and taxpayers need clear guidance

EU Sustainable Finance Regulation

Navigating the sustainable landscape with Refinitiv

Tackling cyber fraud using both human and artificial intelligence

With this system, artificial intelligence helps combat payment fraud, for example, by making it easy for suspicious patterns of behaviour or unusual payments to be flagged to protect clients funds.

ESG Legal Outlook 2022

In this publication we explore key global ESG themes we believe will shape the legal outlook for businesses in 2022.

Economic substance in the post-pandemic era: the truth of the matter.

Above all, it is important that businesses understand the evolving economic climate.

The global minimum tax rate: Are we nearly there yet?

On 20 December 2021, the OECD published keenly awaited model rules designed to implement Pillar Two of its ambitious plans to reform international taxation.

Ex-Raiffeisen Boss Heads Into Criminal Trial

The criminal trial of Pierin Vincenz is set to open next week, offering a revealing glimpse into a 16-year CEO tenure at Raiffeisen and illustrating how the long-standing CEO was able to shift influence from cooperative member banks as well as his own boa

Wealth firm in High Court battle after directors’ ‘gross misconduct’ dismissal

The ex-directors of Bartholomew Hawkins Limited took consolidator IWP to court over the value of their shares after they were fired for gross misconduct.

Credit Suisse Files Five Greensill-Linked Insurance Claims

Some of the claims submitted were related to both funds but the bank did not specify with whom it had made the filings.

Legal,Regulation,Tax & Compliance