Legal

2116 articles found

Legal

Charity Commission issues updated guidance on conflicts of interest

The Charity Commission has published updated guidance for trustees on identifying and managing conflicts of interest in a charity.   This updated guidance follows the Commission's announcement that compliance cases involving alleged abuse of charitable status for private benefit had risen by 23% in a single year, and that conflicts of interest were a recurring […]
Read More
Legal

Billionaires pour millions into ballot fight over California wealth tax

Opponents of the proposed California Billionaire Tax Act ballot initiative say they have collected more than enough signatures to qualify two countermeasures that could weaken or block it, setting up a big-dollar November fight over further taxing the Golden State’s richest residents that has divided Silicon Valley and the state’s political class.   The billionaire […]
Read More
Legal

Citi changes referral pay for bankers and wealth advisers

Citigroup is changing the way it rewards corporate and investment bankers and wealth advisers for passing business to colleagues, the Financial Times reported citing an internal memo.   Under the revised approach, the bank will pay employees directly for bringing in business across different parts of the group.   This marks a shift from the […]
Read More
Legal

Netherlands’ Plan for Tax on Wealth Sparks Fierce Opposition

The Netherlands is gearing up for a new tax on paper profits, sparking public and political opposition and opening another front in the international push to target the wealthy.   From 2028, individual investors will have to pay a 36% charge every year on increases in the value of assets such as stocks, bonds and […]
Read More
Legal

Close Brothers also declines to challenge car finance redress

Close Brothers Group PLC has joined fellow lenders Barclays PLC, and Lloyds Banking Group PLC, in deciding against a legal challenge to the UK Financial Conduct Authority's motor finance compensation scheme, Sky News reported on Saturday.   "Close Brothers does not intend to challenge the FCA's motor finance redress scheme," the London-based merchant bank said, […]
Read More
Legal

FINMA Annual Media Conference 2026

At its annual media conference today, the Swiss Financial Market Supervisory Authority (FINMA) outlined its supervisory priorities for 2025. It has consistently implemented its proportional and risk-based supervision, strengthened the resilience of the supervised institutions, and focused on the early detection of rising risks among these entities.    In its review, FINMA demonstrated how it […]
Read More
Legal

UBS does not withdraw files, experts demand further documents, and Ermotti confirms in a guest article that he made a takeover offer based on incomplete information.

UBS did not withdraw the documents it was required to submit to the Commercial Court in Zurich within the stipulated deadline.    The plaintiffs will therefore definitively gain access to these documents (see our update of February 16, 2026). Furthermore, the court-appointed experts have requested additional documents for their valuation of Credit Suisse.    Moreover, […]
Read More
Legal

How The Buy, Borrow, Die Strategy Helps The Wealthy Cut Taxes

The Buy, Borrow, Die strategy enables the wealthy to dramatically reduce taxes. Instead of selling appreciated assets and incurring high taxes, you can create savings, grow your net worth and still enjoy your wealth.   Whether you have $1 million or $20 million in your brokerage account, the bull market of much of the past […]
Read More
1 … 4 5 6 7 8 … 177