Managers of Wealth

UK: Registration of overseas entities

There will be a new requirement for the Land Registry to enter a restriction on the title of land owned by an overseas entity

136 nations agree to biggest corporate tax deal in a century

OECD-led pact sets 15% floor aimed at raising $150bn annually as US wins two-year ban on tech levies

Global tax deal inches closer as holdout Ireland agrees to sign up

The G-7 and G-20 nations agreed earlier this summer to join forces to tackle tax evasion and harmonize rules across the globe.

Regulation, Supervision and Oversight of “Global Stablecoin” Arrangements

Progress Report on the implementation of the FSB High-Level Recommendations

EU must step up its game against harmful tax practices, says Parliament

The governance would also need to be reformed to make decisions binding and the decision-making process more transparent and efficient.

Overview of joint and several liability notices for tax avoidance, tax evasion and repeated insolvency

This guidance is about the ‘Joint and several liability of company directors etc’ legislation

BofA Gives $200 to Merrill Lynch Wealth Management staff who are vaccinated

While the new policy stops short of a mandate, it provides a financial incentive to get the shots and return to the workplace.

Tavistock escapes £7m tax charge on wealth business sale

The deal was made alongside a 10-year strategic partnership between Tavistock Investments and Titan Wealth which will see Tavistock act as Titan’s retail distribution partner.

FATF - Consolidated assessment ratings

FATF and FSRBs conduct peer reviews on an ongoing basis to assess how effectively their respective members' AML/CFT measures work in practice

What the Pandora Papers Reveal About Offshore Wealth

Using avenues not available to most people, they park money in trusts, shell companies and holding companies established in jurisdictions that typically offer low taxes and a high level of anonymity.

CS wants to close smaller Greensill funds

Together this results in fund assets of around $ 0.93 billion that are pending suspension.

Billionaire banker August von Finck robbed

On June 6, 2021, the thieves broke into the ranch in the coastal region of the country, where they penetrated until Fincks was asleep.

Bank employees association calls for salary increase

The association said that, despite Covid-19, Swiss banks have profited in 2020 and 2021 looks promising.

Singapore Is Said to Canvass Wealth Circles on Tax Ideas

The discussions took place through official feedback sessions as well as unofficial meetings over meals, they said.

UK Corporate Structure: Which Entity?

Once you have decided on the UK as the ideal destination for your business, you’ll need to decide which corporate structure is best for your company.

Bedell Cristin’s Private Client team maintains Legal 500 tier 1 ranking in Jersey

This accolade is great news, not only for the Private Client team in Jersey but also for the global team that’s grown significantly over the last 18 months with several senior appointments.

From Panama to the Pandora papers: what’s changed in offshore tax

The rich and powerful continue to evade and avoid tax despite progress in recent years

Switzerland consults on amendments to AML Ordinance

Banks will be required to file suspicious activity reports when they have any 'well-founded suspicion' of criminal funds.

Code of Conduct Taxation 2021

The Code of Conduct is intended to facilitate the efficient application of legal provisions and to strengthen the long established relationship of trust between taxpayers, tax representatives and tax administrations.

How America’s biggest law firm drives global wealth into tax havens

Baker McKenzie has been a pioneer in corporate tax dodging. It now acts for notorious tycoons, arms makers and authoritarian regimes operating in the shadow economy.

Legal,Regulation,Tax & Compliance