Managers of Wealth

H2O Asset Management to pay investors €250mn after FCA finds ‘serious breaches’

Regulator says asset manager provided it with ‘false and misleading statements

Study shows SEC expected to be lenient on digital assets in the year ahead

The research found that 68% of those surveyed expect the SEC to ease regulations, while only 35% foresee stricter controls.

Proskauer Named Top Law Firm in Chambers 2024 High Net Worth Rankings

Chambers also recognized five other lawyers from the Private Client Services group as leaders in their fields.

Court tosses elderly Hermes heir’s $13B fraud claim against ex-wealth manager

Court ruling says allegation of "gigantic fraud" could not be proven as the octogenarian placed "blind trust" in his former advisor.

Swiss watchdog scrutinises UBS vetting of wealthy Credit Suisse clients

Banks use filtering technology to identify potential issues associated with clients as part of their compliance rules to mitigate risks including money laundering.

Banque Havilland Liechtenstein and Switzerland to liquidate

Banque Havilland Liechtenstein has renounced its banking licence, says Liechtenstein’s Financial Market Authority.

G20 agrees to tackle taxation of the super-rich, but forum not yet decided

Some of the most vocal advocates of a global minimum tax on billionaires

Improve efficiency and compliance with outsourced CFO services in Switzerland

Successful CFOs must possess a diverse skill set, from strategic decision-making to technology management.

Chambers HNW 2024 Recognizes Womble Partners in Private Wealth, Art & Cultural Property Law

Published by Chambers & Partners, HNW covers private wealth management work and related specialisms in jurisdictions worldwide, featuring editorial about the leading professional advisers to wealthy individuals and families in each market.

The U.K May Implement a New Tax That Could Cause the Ultra-Wealthy to Leave the Country

But recently installed Prime Minister Keir Starmer is thinking of doing away with the so-called non-dom system.

BaFin accuses Swiss firms of offering shares without required prospectus

German regulator may issue fines stretching into millions of euros to companies which breach this obligation.

Appleby recognition across six offices in Chambers High Net Worth 2024

It means the Group has secured rankings across six of its global locations – Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, the Isle of Man and Jersey.

Carey Olsen leads offshore firms in Chambers High Net Worth 2024

Chambers and Partners is one of the world's leading reference and ranking bodies for the legal sector

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.

Legal,Regulation,Tax & Compliance