Response to media reports – Legal case concerning alleged 1MDB fraud
They operated under false pretences, and acted as a conduit for funds misappropriated from 1MDB to launder monies.
Legal
2108 articles found
Living between Dubai and Milan, but litigating in London
While private wealth may find a new centre of gravity further east, the gravitational pull of London’s courts will stay as strong as ever.
The eternal dilemma of how to tax the super-rich
It is becoming harder to keep wealthy nomads and ordinary voters happy
Wealth advisers helping tax evasion face fresh fines
Advisers who help clients evade tax will face fines under rules that have come into force from 01 January this year.
CS Plaintiffs Achieve Stage Success
The names of these experts are not being disclosed, as objections could still be raised against the proposed persons.
Nigel Farage Accused Of 'Billionaires' Giveaway' Over New Tax Policy
All of the money raised from the new policy would be given directly to around 2.5 million workers on low incomes, Farage will announce in a major speech on Monday.
Hawksford shows commitment to UAE market through DMCC agreement
Working closely with its well-established teams in the UK and Singapore, the agreement will also see Hawksford support greater trade flows across the UK-GCC-ASEAN corridor.
A UK Wealth Exodus? Why ‘Non-Dom’ Crackdown Risks Backfiring for Reeves
What started as a trickle of departures risks turning into an exodus as rich individuals grapple with a raft of other changes hitting their finances — from higher taxes on private equity investments to levies on private school fees.
Banque Pictet et Cie SA and one of its former asset managers sentenced by penal order
The conviction was part of a series of criminal proceedings initiated by the Federal Prosecutor's Office (OA) in connection with the international "Lava Jato" corruption scandal, most of which originated in Brazil.
UBS finance chief voices disappointment over Swiss capital rules
UBS planned to engage in political consultation processes on Switzerland's capital requirements, which could eventually lead to a more proportionate outcome
Federal Council draws lessons from Credit Suisse crisis and specifies measures for banking stability
The Federal Council has also opened a consultation process for those measures that are to be implemented directly at the ordinance level.
SEC to Resume Processing of Registration Applications From Swiss-Based Investment Advisers
This announcement follows successful discussions between staff from the SEC and the Swiss Financial Market Supervisory Authority (FINMA) regarding (1) the ability of FINMA-supervised