Managers of Wealth

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

Relocating to Italy: the Italian Tax Authority unveils new rules for employees

Individuals who meet these criteria are subject to individual income tax in Italy on only 30% of their employment/self-employment/business income.

"Judgment laundering" doesn’t wash with the English Court of Appeal

While the Cayman Islands judgment was within the literal definition of the term “judgment” in the 1920 Act, Lord Justice Males preferred a more purposive construction.

Postfinance: a Gordian knot for the Federal Council

If Postfinance were no longer a state bank, that argument does not apply - but not necessarily the resistance of competitors.

Carey Olsen advises Montana Capital Partners on its fifth secondary fund

Carey Olsen partner Chris Griffin led the team, advising on the Jersey aspects of the fund's launch, assisted by senior associate Sarah Townsend and associate Luke Costello.

Boris Collardi Out of the Woods in Graft Probe

These investigations concerned in particular four high-ranking managers.

Fallen tycoon faces jail after failing to turn up to court

A warrant was issued for his arrest.

Post-Brexit Personal Data

With effect from 1 January 2021 the UK became a "third country" to EU Member States for data protection purposes.

Stephenson Harwood advises Primonial REIM on real estate acquisition

The acquisition of this supermarket, which was previously held owned by a private individual, will strengthen Primonial REIM’s existing portfolio of shops.

Luxembourg tax authorities issue a circular on interest deduction limitation

The purpose of the LTA's administrative circular 168bis/1 (the Circular) is to clarify some of the concepts and key aspects of this piece of legislation, through numerical examples.

Carey Olsen remains out in front as leading legal adviser to Guernsey investment funds

The increase in Carey Olsen's market share is a reflection of the calibre and strength in depth of our funds team, the quality of relationships we hold with both clients and the onshore advisers who select Carey Olsen as well as the confidence that i

Can employers require employees to have a Covid vaccination?

We know that the Covid vaccines reduce but do not entirely eliminate the risk of catching Covid. It is hoped that the vaccines will also reduce the risk of transmitting Covid

The winds of change: Implications in 2021 for IFCs

Beyond the US, geopolitics will continue to shape trade patterns with some adjustment in 2021, but not by too much.

2021: What lies ahead in the world of data protection?

The best advice in this regard is to adopt a transparent and consistent approach, yet also being prudent and careful in light of issues that can arise with over-disclosure.

Mandatory Disclosure Rules update in the Crown Dependencies

Following the UK repeal of DAC6.

Opening Remarks for the Family Office Symposium 2021

There are reasons to believe that an answer is available in “Asia”

The Right to Work Remotely and the Right to Disconnect in Ireland - Is the Home Office here to stay?

The Strategy envisages enhanced tax incentives for home workers and investment in remote working hubs as well as an acceleration of the national broadband strategy.

Supreme Court Rejects Appeal to Overturn UK's First Unexplained Wealth Order

In 2018, Hajiyeva became the first person to receive a UWO under the new anti-money-laundering legislation introduced by the Criminal Finances Act 2017.

Princess ready to fight BNP Paribas for £135m: Bitter feud over family fortune - and £50m Gauguin - set to flare up in British courts

In the latest twist in the ten-year battle, Princess Camilla will on Tuesday launch an appeal in the Royal Court in Jersey to overturn a ruling that she concealed her mother's assets, including a painting by Paul Gauguin valued at £50million.

Legal,Regulation,Tax & Compliance