Managers of Wealth

British Property Tycoon Emerges as Investor in Alleged Art Scam

The dealer, Inigo Philbrick, is now facing U.S. fraud charges

MIFID Firms– What is the Central Bank of Ireland's Focus for-2021?

The CBI updated its COVID-19 FAQs to list factors investment firms should consider when looking to pay dividends and variable remuneration, given the impact COVID-19 has had on the markets and the economy in recent months.

Cayman Islands, Morocco Placed on Terror-Financing Watch List

The Financial Action Task Force has added four jurisdictions to its list of countries subject to increased monitoring

The taxation of cryptoassets

An individual will be subject to income tax on the profits made when disposing of cryptoassets, if they are classed as ‘trading’.

'What the Right Hand Gives, the Left Takes Away': SDLT Surcharge for Foreign Buyers of UK Property Set to Come into Force

The surcharge applies to the purchase of properties in England and Northern Ireland only (Scotland and Wales having their own equivalent SDLT charges)

Sanlam becomes latest MPS to scrap VAT

However, it notes that there are expected operational challenges in implementing the change across multiple platforms.

UBS: Through Thick and Thin With Ralph Hamers?

For UBS, the issue is not of Hamers himself, but whether UBS can withstand the distractions surrounding his leadership.

Guernsey’s fast track pre-authorisations expected to help boost captive formations in 2021

A captive can go ahead with changes to retentions, changes to reinsurance, to fronting arrangements, they can add new lines of business and they can do that without needing to provide any notification or await any approval from the Commission.

Heads of state launch historic UN plan to stamp out global tax abuse

The tax reform proposals were harshly criticised by leading economists

Withers wins Swiss Estate Planning Team of the Year Award

The awards recognise firms working in Switzerland’s wealth management and advisory fields, and are judged by a panel of leading professionals working in these industries.

Ex-Privatbank CEO Named as Suspect in $5.5 Billion Fraud Case

Zelenskiy has vowed to claw back the state’s rescue funds -- something foreign donors including the International Monetary Fund also want

This Gigantic Biglaw Firm Wants To Get Even Bigger In 2021 And Beyond

This firm is willing to go harder, better, faster, and stronger to build revenue. Is yours?

China court orders man to pay wife for housework in landmark case

A Beijing divorce court has ordered a man to compensate his wife for the housework she did during their marriage, in a landmark ruling.

Luxembourg digitalises the AML/CFT Market Entry Form (Funds and IFM)

The Form must be initiated and submitted by the compliance officer in charge of the control of compliance with the professional obligations of the Fund respectively the IFM, or by the person responsible for compliance with the professional obligations.

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