Managers of Wealth

Navigating the US regulatory maze: What real estate managers need to know

At IQ-EQ, we are trying to help RE managers navigate the complex maze of SEC regulations.

Consultation Paper on the Codes and Guidance Documents proposed to be re-issued under Revision of Laws

The draft codes and guidance do not implement policy change but replicate the current codes and guidance with the incorporation of minor amendments such as updated references and new terminology where necessary.

Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax

The website said that "using perfectly legal tax strategies, many of the uber-rich are able to shrink their federal tax bills to nothing or close to it" even as their wealth soared over the past few years.

Bahamas Responds to G7 tax proposal

The Bahamas reasserts its sovereign right to determine the tax structure best suited for the ongoing development of the country.

Carey Olsen advises Starwood on RDI purchase and TISE listing

The transaction gives Starwood controlled affiliates 100% ownership of RDI REIT after a c.30% stake was acquired in the property investment business from South African investor Redefine in July last year.

Whitman Am buys Kestrel Partners’ AIM Inheritance Tax Portfolio Service business

Kestrel and Whitman are working in close partnership to enable clients to transfer their AIM IHT portfolio management agreements

Non Fungible Tokens: Legal issues to be considered

Before the recent surge in the use of NFTs, creators faced limitations on the revenue that they could generate from their works.

British 'Treasure Island' tax havens face a tempest

The world loses out on $427 billion a year due to corporate and personal tax evasion, according to Tax Justice Network estimates.

Well Connected

The most recent development — which spans across personal data protection, investor protection and mitigates against money laundering, should be taken into careful consideration by those who plan to make use of the Wealth Management Connect scheme.

G7 Pact on Tax – What does it mean?

The proposals aimed to apportion taxing rights more evenly between countries and discourage profit shifting.

The HKMA Unveils “Fintech 2025” Strategy

In his opening remarks for a fintech seminar organised by the Hong Kong Association of Banks

Julius Baer's FIFA Woes Go to Extra Time

Even for an office where hyperbole is not uncommon

G7 leaders strike deal to tax Google, Amazon and other tech giants

Part of the agreement agreed upon on Saturday is that other countries would repeal their unilateral digital taxes in favour of a global agreement.

Julius Baer’s Somewhat Interrupted Future

Julius Baer does claim it has addressed many of the Finma breaches under its Atlas program, which ended in 2019, although much of that work looks like they were just tackling basics.

Reassessment of FNZ/GBST deal confirms competition concerns

This is because FNZ and GBST, which are both providers of retail investment platform solutions, are close competitors and few other significant suppliers offer effective and competitive alternatives.

Swiss Banker on Trial With Alleged $2.2 Million Insider Trader

Lawyers for Ziegler and B. did not return messages seeking comment.

Woman facing jail after admitting £5m money laundering offences

Tara Hanlon was stopped as she tried to board a flight to Dubai in October 2020 with five suitcases containing more than £1.9m in sterling notes.

Federal Council adopts report on systemically important banks

The existing rules set out in the Banking Act are intended to prevent banks from having to be bailed out using taxpayers' money.

Carey Olsen wins China Business Law Award for dispute resolution

This latest recognition for Carey Olsen's Hong Kong and Singapore offices follows the firm winning two deal of the year awards from China Business Law Journal

Modernisation of the Luxembourg Securitisation Law

The Luxembourg Securitisation Law of March 2004 required an update.

Legal,Regulation,Tax & Compliance