Managers of Wealth

Two Carey Olsen lawyers in 'elite directory'

Carey Olsen said this latest recognition for Mr Robinson and Mr Fife follows the stellar reviews both they and Carey Olsen Bermuda's trusts and private wealth practice received in the 2020 edition of Chambers High Net Worth.

How Companies Can Prepare for Ransomware Attacks

A recent report found that ransomware attacks saw an increase in excess of 70% in 2020, for instance – and the continued disruption we face in 2021 already confirms that last year will not represent a single variance.

Pandemic Increases Pressure on the SNB

According to the agreement now in force, which was amended in March 2020, the public sector will receive 4 billion Swiss francs ($4.5 billion) for the past financial year.

Arming Advisors for Success in a Post-2020 World

Well-defined plans and smarter tools ensure relevance in a rapidly changing financial landscape.

Peter Hargreaves and Leonie Schroder were two of the UK's biggest taxpayers - reports

The Sunday Times Tax List 2021

Fortis Lux Expands Services to Help Businesses Thrive Amid COVID Economy

Announces strategic partnership with Big Apple Accounting, Tax & Advisory ("BigAppleAccounting")

First fund in Guernsey for global venture capital investors

Partner Tom Carey led Carey Olsen's investment funds team on advising RTP Global, working alongside onshore counsel DLA Piper.

Quilter merges away fund range as outflows mount

Quilter Investors is merging its suite of Generation portfolios with its Monthly Income range to ‘safeguard customers’ investments’ following steep outflows.

OECD issues updated guidance on the tax treaty implications of the COVID-19 pandemic

The guidance is relevant only to circumstances arising during the COVID-19 pandemic

How financial services providers can prepare for new AI regulation in Europe

Financial services providers should prepare for the changes forthcoming.

Capital Gains Tax changes could impact small business owners

Chancellor may renew focus on the tax to help foot the COVID-19 bill

EFAMA outlines strategy to improve ELTIF regime

From that perspective, the ELTIF Regulation has failed to meet its objective of boosting European long-term investments in the real economy.

Swiss Criticized Over Money Laundering Lapses

The so-called Corruption Perceptions Index (CPI) doesn't factor in how well countries combat money laundering.

Year-end tax planning: Taking the right steps for your business

As tax year-end approaches, it’s important for owners of small businesses to make sure they’re making the most of their allowances.

Brexit - ESMA reminds firms about MiFID rules on reverse solicitation

This stands regardless of any contractual clause or disclaimer purporting to state, for example, that the third country firm will be deemed to respond to the exclusive initiative of the client.

The Status of EU–UK Data Flows Following Brexit

The transfer of personal data will be subject to a separate adequacy decision from the EU due in early 2021.

Financial Perils in Check for Now, Eyes Turn to Risk of Market Correction

Policymakers need to use this time to safeguard financial stability by employing macroprudential measures

Challenges of Regulatory Reporting 2021

These challenges are set to continue into 2021 and beyond, as the sector continues to deal with unprecedented levels of complex regulatory change and ongoing, large-scale external stress events.

China's growing power scaring ordinary savers out of Hong Kong

The Hong Kong police cited money laundering as the reason for requesting the accounts be frozen

MEPs vote to add Channel and British Virgin Islands to tax haven blacklist

UK overseas territories such as Cayman Islands also may lose protection once afforded by UK’s EU membership

Legal,Regulation,Tax & Compliance