Managers of Wealth

Leak reveals how Swiss wealth consultants shield global cast of suspects

Secret files show sprawling industry of enablers exploiting gaps in anti-money laundering laws.

Tony and Cherie Blair bought property via offshore firm and saved £300,000 in tax

Former PM and his wife became owners of £6.5m office building by acquiring offshore company partially owned by Bahraini minister

Police Search Credit Suisse Offices Over Greensill

Zurich's District Attorney said that it had initiated proceedings against one of Greensill Capital's exponents as well as against various unnamed suspects.

IMF recommends CBDC and global crypto standards for financial stability

The new policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.

MBaer Merchant Bank AG is a new member of the SBA

The SBA advocates optimal framework conditions at home and abroad.

Nicolas Chaput: At ESG, regulation is our friend

One will continue to participate in the consolidation - also in Switzerland - but act cautiously and take a close look at the companies.

Geneva WM gets Finma licence

In September, Finma said only 180 out of 2,400 companies had submitted an application, which is approximately 7% of all portfolio managers and trustees as of 1 September.

Federal Council initiates consultation on amendments to Anti-Money Laundering Ordinance

The proposed ordinance amendments serve mainly to provide more detail on the adopted measures.

Does dirty money need banking secrecy to thrive?

Recently uncovered suspicious transaction reports, made to the US Financial Crimes Enforcement Network (FinCEN), show Swiss banks moving billions of dollars around the world.

FCA: Benchmarks Regulation: our new powers, policy and decision-making

Benchmarks are used in a wide range of markets to help set prices, measure performance, or work out amounts payable under financial contracts.

The best tax and trust barristers for high-net-worth individuals

The barristers listed below have been selected by Spear’s for their proven excellence in the field

SFO announces investigation into £150m investment schemes after dawn raid

At the same time, the SFO also issued several Section 2 notices, which force companies to provide relevant information.

Policy & Practice for Purposeful Business

The final report of the Future of the Corporation programme

Tax Controversy Update: September 2021

This edition focusses on HMRC’s approach to Wealthy individuals, how this is changing and how your wealthy clients can better prepare for interactions with HMRC.

AutoRek Urges Industry to Prepare for Jan 1 IFPR Start

“From reading the consultation papers, it’s quite staggering to think that this is a simplified approach to prudential regulation,” says Murray Campbell, CASS Business Consultant at AutoRek.

How AIFM Solutions Can Help Your Fund Launch Succeed

Using an FCA-regulated AIFM allows fund managers to outsource the set-up, oversight, and operation of alternative investment funds to a licensed firm with regulatory experience and infrastructure.

U.S. Indicts Six Over Swiss Bank «Singapore Solution»

The scheme allegedly helped three unnamed «high-value U.S.

Further arrangements for the orderly wind-down of LIBOR at end-2021

hese 6 LIBOR settings will be available only for use in some legacy contracts, and are not for use in new business.

Credit Suisse drug money procedure: test for the Swiss judiciary

But this Monday the hearing in a criminal case against Falcon and its CEO Eduardo Leemann , who has been in office for almost two decades, begins at the Federal Criminal Court in Bellinzona .

Swiss Banker Escapes To Switzerland

The 60-year-old Rueegg was arrested on an international arrest warrant on behalf of U.S. officials

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