Managers of Wealth

Payments Fintech Nears Swiss Regulatory Nod

The license would be the second granted after Yapeal, under a Swiss scheme to foster financial start-ups.

Statement by Mark Steward, FCA Director of Enforcement and Market Oversight, on Woodford Investment Management Ltd and WCM Partners Ltd

Mr Woodford’s new business, WCM Partners Ltd, would need to apply for appropriate permissions before commencing any regulated activity in the UK.

Carey Olsen Singapore advises CN Energy on Nasdaq listing

The IPO raised US$20 million for the China-based manufacturer and supplier of wood-based activated carbon and a producer of biomass electricity.

UK Charity Commission announce consultation on responsible investment guidance

From the responses received, the Commission identified that one of the main barriers to responsible investments was a technical one.

JFSC fines three SG Kleinwort Hambros firms

The three SG Kleinwort Hambros firms acknowledged their failings at an early stage and have taken steps to make material changes to strengthen their governance arrangements and compliance systems and controls.

EU’s parliament extending blacklist criteria

Any expansion of the blacklist must be made by the EU’s Economic and Financial Affairs Council following an investigation and recommendation by the EU’s Code of Conduct Group.

Swiss Central Bank Urged to Lift Inflation Goal, Manage Currency

Economists publish paper calling for average 2% inflation aim

Bitcoin to hit fresh highs – but standby for regulator-triggered price swings

His warning comes as central banks and governments around the world ramp up their focus on digital currencies.

Swiss Wealth Tax Rakes in Cash as Covid Revives Global Debate

Levy captures annual value of assets from Bitcoin to beehives

The State of Financial Crime 2021

Technology, regulation, and the future of financial crime compliance

The Secret Luxembourg Base of Italy’s ’Ndrangheta Mafia

The intensely hierarchical and clannish ’Ndrangheta have fanned out across the world from their home base in southern Italy, often using family-based chain migration to get footholds in new markets.

The Cayman Islands: A jurisdiction of choice for family offices

Dart has invested more than US$1.5 billon into the Cayman Islands and the group now employs more than 800 people in the islands across its various businesses.

Five legal and regulatory trends to watch out for in 2021

Mattias Hedwall, head of Baker McKenzie’s global international commercial and trade group, identifies the legal and regulatory themes that will dominate the rest of 2021.

Carey Olsen advises Epiris and James Hay Holdings on Nucleus Financial Group acquisition

Epiris Fund II (Fund II) has owned James Hay since 2019 when it bought the business as part of its acquisition of IFG Group plc.

FCA takes alleged insider dealing brothers to court

The FCA said the brothers had made a profit of about £142,000 from the alleged insider dealing.

The Cape Town Convention five years on

In the five years since the Convention came into force we have advised leasing companies, aircraft owners, lenders and others that use Cayman structures for financing and leasing aircraft on the rights and interests conferred by the Convention and the imp

Employers: can you inoculate against racism?

The Court considered it legitimate to reflect on not only what steps had been taken by the employer but also how effective those steps were likely to be when they were taken and, in appropriate circumstances, how effective they proved to be in practice.

Legal,Regulation,Tax & Compliance