Managers of Wealth

Avoiding Pitfalls When Buying Property Abroad

The advantage of having a local Will, in addition to a UK Will dealing with the rest of your estate, is that it can make the probate process easier for your executors.

JPMorgan, Deutsche Bank are said to be among firms sued by 1MDB

1MDB, whose full name is 1Malaysia Development Bhd., filed six suits against nine unnamed entities, including two foreign financial institutions, and 25 individuals for various wrongdoings including fraud and conspiracy to defraud the fund

Inheritance tax: Families urged to have ‘grown-up version of birds and the bees chat’ to keep tax bill down

Money experts say sorting out your estate is a simple way to provide greater security to dependants

Former Ritz Owner Barclay Must Pay Ex-Wife $139 Million

The payout ranks among the highest to be made public by U.K. courts

The posh London address 4,000 firms call home: But it's not their real office, they pay £24 a month for a forwarding service - and it's a scammers paradise

Some 3,900 firms are listed as being based at number 207 Regent Street

Credit Suisse Locks Down Risk-Taking Amid Reviews

The Swiss bank had already said it needs to tame its bloated risk-weighted assets by $35 billion this year, for capital reasons

2020 boosts asset manager's tax teams in three key ways

Many tax departments now have innovative, cost-effective new ways to tackle old problems.

Ten things Institutional Investors need to know about investing in Hedge Funds

What should investors consider when making Hedge Fund investments?

The FRTB deadline is approaching—are you ready?

Both tests require an accumulation of data over a 12-month period that requires having processes in place for modeling, data collection and testing well ahead of time.

UAE shakes up residency rules by offering passports to wealthy expats

Emirate hopes reforms will encourage investment and boost economy

Expat nightmare: Britons in Italy warned 'taxes could rise by thousands'

BREXIT could see expats in Italy hit with extra tax duties as Britons in Spain already rush home.

CEO's Surprise Exit Leaves Finma in the Lurch

Finma's board had no idea Branson was being courted by Berlin, which is dealing with one of the biggest German corporate scandals in recent history, Wirecard.

Credit Suisse sues billionaire who published report over banking fraudster

Group seeks to extend a preliminary order forcing the removal of the document from a website

Milestone for UK financial services as Bill receives Royal Assent

The UK has taken an important first step in shaping its own financial services regulation outside the EU as the Financial Services Bill received Royal Assent today (29 April 2021).

Cross-border law enforcement after Brexit: partnering in crime

While some teething problems may be expected, the TCA gives agencies broad powers to obtain one-off binding requests for documents, records of witness interrogations by the police and formal court testimony from abroad.

Federal Council adopts national gender equality strategy

Switzerland has seen much progress in gender equality since the introduction of women's suffrage 50 years ago.

Russian Billionaire Faces Swiss Probe Over Monaco Arrest

Probe was opened in February by Swiss federal prosecutors

UK announces new sanctions regime to stop money launderers treating country as ‘honey pot’

The move brings the UK in line with the US and Canada in adding corruption to its Magnitsky Act sanctions regime.

Coutts sex claims banker launches firm with Prince Andrew

Prince Andrew has launched a private office investment business alongside a former top Coutts banker who resigned following an alleged sexual harassment scandal.

International fight over tax revenue jeopardizes Switzerland’s attractiveness as a location

KPMG expects to see another, albeit moderate, tax cut in the next few years since some cantons have not yet implemented all the tax reductions that were provided for within the scope of the Corporate Tax Reform TRAF.

Legal,Regulation,Tax & Compliance