Managers of Wealth

Chambers High Net Worth guide recognizes Withers as a leading firm globally

Withers is one of the premier full-service firms for private wealth and has a strong tax litigation practice

Estate Planning for Millionaires

Estate planning for millionaires and high-net-worth families is complex. Set up your team, paperwork and tax plan.

Aberdeen law firm once again recognised in Chambers High Net Worth Guide

Stronachs’ STEP-accredited private client team has retained its Band 2 ranking and Partner and Head of Private Client Jaclyn Russell continues to be individually recognised and ranked as Band 2.

Farrer & Co once again recognised in Chambers High Net Worth Guide

Chambers High Net Worth is one of a series of guides to the legal profession across the globe.

WH Ireland sues Ravenscroft in mystery Isle of Man dispute

It is understood that the case relates to WH Ireland’s sale of its Isle of Man office to Ravenscroft four years ago.

Expected implications for UK non-domiciles

As part of these changes, it was previously proposed to reform some of the rules which apply to offshore trusts settled by UK Non-Domiciled residents as follows.

GFSC fines trust company £266,000

The Guernsey Financial Services Commission said the failings were serious and spanned a significant period.

FINRA fines UBS unit $850K for failing to properly monitor customer transactions

In the aftermath, UBS reimbursed approximately $17 million to affected customers, paying the principal plus the amount of appreciation that the third party listed on their statements.

Quilter warns of possible 'remedial costs' as regulators probe wealth customer service

Last month, the Financial Conduct Authority requested data regarding ongoing servicing from 20 UK wealth management firms

How non-EU asset managers can raise funds in Europe

This setup allows asset managers to cater to investors in various regions without altering the core management of the fund.

Swiss price regulator puts UBS under observation

ComCo's analysis has shown that the merged UBS now has market power or dominance in some markets

6 family office funds tied to Singapore launder case got tax breaks

Benefits won't be clawed back

Leading law firm for philanthropy and DEI in Asia Pacific

For the sixth consecutive year, Withers also achieved multiple wins at the WealthBriefingAsia Asia Pacific and Greater China Awards

Private Client and Trusts team shortlisted for two STEP awards

The STEP Private Client Awards are seen as the hallmark of quality within the private client industry.

KPMG Study: Small Private Banks Fortunate With Interest Rates

For nearly twenty years, the audit and consulting firm has diligently compiled data from bank annual reports.

Federal Council Sticks to Basel III Schedule

The reform package of the international Basel Committee on Banking Supervision (BCBS) aims to strengthen the solvency and liquidity of banks.

VSKB takes legal steps against Zurich ‘wealth manager’

Bank association and regulators warn against using WFM International.

St James’s Place under scrutiny: what do its customers say?

New regulations introduced last summer

Swiss National Bank: Monetary policy assessment of 20 June 2024

Swiss National Bank eases monetary policy and lowers SNB policy rate to 1.25%

FINMA proceedings: HSBC Private Bank (Suisse) SA violated money laundering regulations

HSBC Private Bank (Suisse) SA has co-operated with FINMA’s proceedings.

Legal,Regulation,Tax & Compliance