Legal Archives - Page 3 of 212 - Managers of Wealth

Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told

July 21, 2026

A wealth tax on the UK’s super-rich households could raise £10bn a year, according to academics who urged Andy Burnham to include the measure in his plans to “make tax fairer” and pay for better public services. The sum could be raised through a 2% minimum charge on households with more than £100m in […]

Legal

Monetary policy discussion: AI, post-corona, degree of expansion and fertilizer prices

July 16, 2026

The latest summary of the discussion held during the situation assessment shows which issues have been on the minds of the Swiss monetary policymakers. Monetary policy continues to have an expansionary effect, and its transmission to the economy is working. On Thursday, the Swiss National Bank (SNB) published its fourth " Summary of Discussion […]

Legal

UK Register of Overseas Entities – private trust information now accessible to the public

July 15, 2026

We recently wrote about the draft UK legislation which, once implemented, would greatly expand public access to information about trusts involved in the ownership structures of overseas entities which hold the legal title to UK real estate. As we noted in our previous article, overseas entities which hold the legal title to UK real […]

Legal

Navigating cross-border art transactions: legal and tax insights for collectors

July 10, 2026

The international movement of fine art is more complex than ever, with collectors facing a growing web of legal, tax, and regulatory challenges. From export restrictions and customs duties to evolving anti-money laundering (AML) rules, navigating cross-border transactions requires careful planning and expert insight. This article explores some of the key legal and […]

Legal

Families could face £120,000 tax bill on inherited property under mooted CGT reforms

July 9, 2026

Analysis by Rathbones, one of the UK’s leading wealth and asset management groups, suggests families could be hit by a double tax blow on inherited wealth. Aligning CGT rates with income tax rates could add nearly £10,000 to the tax bill on a £50,000 gain for additional-rate taxpayers. As speculation grows over potential changes to […]

Legal

Mercer Claims Ex-Employee Took Client Info To New Role

July 9, 2026

Mercer Global Advisors is suing a former employee, alleging she stole confidential client information in their move to a competitor and that the promises she'd abide by employment agreements with Mercer were “completely hollow.” Mercer filed the suit in Missouri state court this week against Jeannie Seabaugh and Brand Asset Management Group, where Mercer […]

Legal

Your injunction's reach is only as wide as its words – The Hong Kong Court of Final Appeal clarifies the limits of contempt liability

July 7, 2026

In High Fashion New Media Corp Ltd v Leong Ma Li [2026] HKCFA 18, the Hong Kong Court of Final Appeal (the "CFA") provides important guidance on the interpretation and enforcement of injunctions and the circumstances in which a person may be held in contempt for acts carried out by others. Importantly, the CFA […]

Legal

Gibraltar shuts the door on millionaires worth less than £5m

July 7, 2026

Gibraltar has doubled the eligibility threshold for its residency scheme for wealthy individuals from £2m to £5m. The move comes as the Brexit Treaty officially comes into force. Since the deal was struck in 2020, the territory has been oversubscribed with applications, leading to a temporary halt on new residency applications by UK and […]

Legal

Andy Burnham's Property Tax Reform: What High Net Worth Individuals Need to Know

July 3, 2026

With Andy Burnham emerging as the frontrunner to lead the Labour Party following Sir Keir Starmer's resignation, individuals with significant property holdings should be paying close attention. His long-standing commitment to overhauling property and land taxation could have material consequences for those at the upper end of the market. The Proposed Reforms Burnham has […]

Legal

How to use offshore savings to cut inheritance tax like the wealthy

June 29, 2026

As hard-working families seek ways to shelter their assets from the creeping inheritance tax (IHT) net, one tactic used by the wealthy is on the rise. High earners who’ve already used up their maximum tax-free allowances for pensions and Isas are showing a renewed interest in offshore bonds, thanks to plans announced in Rachel […]

Legal

FINMA concludes proceedings against Swiss Fund Management AG iL and BZ Berater Zentrum AG and enforces rules of conduct in the financial services sector.

June 29, 2026

The Swiss Financial Market Supervisory Authority has concluded enforcement proceedings against two institutions and one individual for serious violations of the rules of conduct for the provision of financial services under the Financial Services Act (FIDLEG). To restore compliance and protect investors, FINMA ordered various measures. It revoked the authorization for Swiss Fund Management […]

Legal

PIMFA publishes new guidance to help firms prevent and address non-financial misconduct

June 25, 2026

PIMFA has publishes new guidance to help member firms navigate the FCA’s updated Handbook rules on non-financial misconduct. The guide has been developed in partnership with the Chartered Insurance Institute (CII), the Chartered Institute for Securities & Investment (CISI) and law firm Clyde & Co. Ahead of the new rules coming into force […]

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