08/27/2021
The Rise of Fake Crypto Trading Bots: Steps Users Must Take to Avoid Getting Scammed
MTI never generated high returns for its investors because it was never a genuine investment company in the first place.
Legal,Regulation,Tax & Compliance
08/27/2021
Remote right to work checks to continue until 5 April 2022
In many cases, this involved meeting the employee and checking their documents in person.
08/27/2021
Frontier workers: Swiss government adopts new agreement with Italy
The new agreement will enter into force once the Italian parliament ratifies it.
08/27/2021
Latham & Watkins Advises Hg on Acquisition
German-led team advised the leading software investor on the transaction.
08/26/2021
China Orders Banks to Speed Up Ditching Nonstandard Wealth Management Assets
Regulators in the first half of this year already ordered banks to speed up the disposal of remaining nonstandard credit assets, the person said.
08/26/2021
Walkers Guide to Setting Up a Cayman Islands Cryptocurrency or Blockchain Fund
Once the investment strategy has been determined, and there is the necessary interest from investors, the decision needs to be made on the most optimal way to structure the fund.
08/26/2021
US probes Deutsche Bank's asset management arm over sustainability claims
The agency earlier this year established a task force to root out misconduct related to environmental, social and governance issues.
08/25/2021
Italian Mafia Exploits Cryptocurrency and the Deep Web
The anonymity offered by the online markets is particularly valuable to the criminals amids the pandemic
08/24/2021
Swiss Court Rejects Ex-BSI Banker’s 1MDB Appeal
The Federal Administrative Court turned down the appeal to lift a three-year regulatory ban over failure to properly combat money laundering.
08/24/2021
What Can We Expect from the SEC with COP26 Around the Corner?
Chair Gary Gensler of the Securities and Exchange Commission (SEC) has made climate change headlines of his own in recent weeks.
08/24/2021
Chinese tech turmoil and equality distract from fundamentals
The falls in Chinese share prices have prompted investors, including ourselves, to look closer at China’s prospects. Short-term volatility should not cloud China’s underlying investment strengths.
08/24/2021
Key market developments in the Isle of Man
The Isle of Man Government recently passed the Beneficial Ownership (Amendment) Act 2021 which comes into force on 1 September 2021.
08/24/2021
Zurich IAMs merge and say: ‘join us’
‘Our message to other independent asset managers facing high regulatory costs is to join us,' said Marcel Chevrolet.
08/22/2021
Tools for measuring culture: quality, quantity - or both?
A series of recent publications on the topic provide interesting food for thought on how to tackle those challenges
08/20/2021
Bank Reyl Turns Up in PDVSA Scandal
Naman Wakil tapped more than $21 million from a Swiss bank account
08/20/2021
Alleged Italian drugs kingpin linked to stolen Van Goghs arrested in Dubai
Raffaele Imperiale, suspected of buying Van Gogh paintings on black market, considered one of Italy’s most dangerous fugitives
08/20/2021
Freshfields represents The Goldman Sachs Group on its proposed acquisition of NN Investment Partners
With a heritage dating back almost 175 years, NN Investment Partners employs more than 900 professionals in 15 countries and combines the use of data and technology with fundamental analysis in its investment processes.
08/20/2021
American Airlines Bans Alcohol On Flights Until Next Year
The airline had said in the past that it would not resume alcohol sales onboard until September 13th, which is when the federal mask mandate was expected to expire.
08/20/2021
Ogier launches ESG Align – a new compliance tool to get fund managers climate ready
ESG Align is designed to elevate managers' understanding of climate-related risk in portfolio management, and provide a useful compliance check against the new SFC requirements.
08/19/2021
Planning for liquidity - using Cayman Islands private wealth structures for pre-IPO and exit events
Cayman Islands trusts and private wealth structures are now an increasingly popular choice for those looking ahead to protect these significant investment gains in a tax efficient asset protection vehicle.