Legal Archives - Page 45 of 211 - Managers of Wealth

Singapore banks sharpen scrutiny after $2 bln money laundering scandal

October 9, 2023

In a statement, the Monetary Authority of Singapore said financial firms must verify customers' identities, establish the sources of wealth and funds of higher-risk clients, and keep track of transactions.

Legal

Finma fills a gap in the management

October 5, 2023

The authority is now able to plug a gap internally.

Legal

High-tax, high-spend, big-state Britain is here to stay, whoever is in power

October 4, 2023

All signs point to a Labour election win next year – but don’t expect much to change in how the UK is governed

Legal

Credit Suisse writedown: court examines release of more documents

October 4, 2023

In the battle for disclosure, investors scored an early win in May when the St. Gallen court, in northeast Switzerland, ordered the release of FINMA’s decrees on the writedown.

Legal

Why you should worry about new super tax – even with less than $3m

October 3, 2023

These two worked examples show how the taxing of unrealised capital gains can have unintended consequences.

Legal

Tax practice acquires West Lancashire firm

October 3, 2023

The practice also assists offshore banks and trust companies throughout Europe with UK tax issues.

Legal

Corporate Taxation Arrives in the UAE – What? Why? And What are the Implications?

October 3, 2023

These and other key questions were put to a panel of experts who offered their insights and proffered words of advice to the wealth management community in the region.

Legal

UBS Settles Tuna Bond Case in Mozambique

October 2, 2023

UBS and Mozambique governments have resolved their dispute over the tuna bonds inherited from Credit Suisse.

Legal

Nine lawyers featured in Spear's Magazine's 2023 rankings

October 2, 2023

These individuals work with high and ultra-high net worth clients around the world.

Legal

Retirement planning: How to pay less tax

September 29, 2023

Married couples and people in civil partnerships can double most of these tax-free amounts by using both sets of allowances.

Legal

Strengthened Client Scrutiny by Singapore Banks: Addressing Money-Laundering Concerns

September 25, 2023

Banks in Singapore are intensifying efforts to identify the sources of wealth as the city-state grapples with a ballooning S$2.4bn (US$1.8bn) money-laundering scandal. Scrutiny of customers from various countries, including China, has increased at financial institutions, resulting in longer waiting periods to open private banking accounts, which now range from three to four months, […]

Legal

IHT receipts show fresh year-on-year rise

September 22, 2023

New data published by HMRC shows that IHT receipts for April to August 2023 were £3.2 billion, which is £0.3 billion higher than the same period a year earlier. Laura Hayward, tax partner at Evelyn Partners comments. “Rising IHT receipts are continuing to prove extremely lucrative for the Treasury and this doesn’t look set […]

Cookie Notice