Managers of Wealth

Swiss Banks Caught in Crossfire as Spain Intensifies Tax Scrutiny

Relocating to Spain can be highly lucrative for professionals due to tax advantages.

FCA bans and fines Crispin Odey £1.8m

The founder of Odey Asset Management has been fined and banned for showing ‘reckless disregard’ for governance.

Former B. Riley wealth platform head launches RIA

Thomas Kowalczyk has stood up Steadtrust LLC, a Dallas-area RIA.

UBS Receives Approval for Restructuring in China

The China Securities Regulatory Commission has approved the sale of a 36.01 percent stake to Beijing State-owned Assets Management.

ASIC bans former director of Suetonius Wealth Management

Additionally, ASIC determined that Mr Surtenich lacked the necessary judgement and competence to be a financial adviser.

FINMA provides information on the status of licences issued to portfolio managers and trustees

The new licensing requirements, which must be complied with at all times, primarily serve to protect investors from unfair business practices and to strengthen the reputation of the Swiss financial centre.

Saffery Trust Associate Director receives STEP Founder’s Award for Outstanding Achievement

In 2023, under Matthew’s leadership, Guernsey became the first jurisdiction globally to launch STEP NextGen, followed by the Cayman Islands STEP NextGen initiative, which is sponsored by Saffery Trust.

BaFin imposes heavy fine on Deutsche Bank

Deutsche Bank had violated organizational obligations under the Securities Trading Act in connection with the sale of currency derivatives in Spain.

FinTech start-up SWISS4.0 SA in liquidation

FINMA has engaged Valfor Avocats Sàrl as the bankruptcy liquidator.

Confidence in economy among wealthy Britons falls to record low with inheritance tax a major concern

Among the wealthy, confidence in the economy has fallen to 48 per cent, down from 84 per cent just six months ago.

Mishcon de Reya's Private Client lawyers ranked in ALM Private Client Directory 2025

The directory features the top 250 individuals chosen by their own peers within the private wealth industry.

Bedell Cristin Advises on Sale of Advisa Wealth

Advisa’s trusted brand and financial planning expertise is expected to complement Titan Wealth’s existing services.

MAS Tightens Family Office Supervision

Last summer, finews.asia commented on how the scandal involved six family offices receiving official tax benefits, saying it would result in sustained and prolonged regulatory scrutiny.

Unforeseen consequences: How far reaching will US tariffs be?

Experts at SJP explore the potential long-term ramifications of the latest in protectionist measures.

PIMFA calls for an ambitious and assertive approach in modernising the redress system

The trade association urges the FCA to reconsider the role of FOS, and explore consolidating the regulatory regime for CMCs

New Code of Conduct makes ABN AMRO’s procurement policy more sustainable

The bank’s new Supplier Code of Conduct now sets out clearer expectations for companies working with ABN AMRO.

UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says

The U.K. is to soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, the Treasury has confirmed.

Quilter proposes flat-rate solution to IHT on pensions consultation to prevent payment delays for grieving families

Under this approach, any unused pension funds would be taxed at a clear, fixed rate once their total exceeded a nil rate band that applies across all the members schemes.

Claire Trott: Navigating annuities and inheritance tax

While this will work for some, there are a good number of considerations to take into account when thinking about this option.

AT1 lawsuit: US lawyers increase pressure on Switzerland

The complaint was supplemented with additional plaintiffs and with information from the PUK report.

Legal,Regulation,Tax & Compliance