Legal Archives - Page 90 of 212 - Managers of Wealth

Russian Accounts: Good to Have a Swiss Passport!

March 21, 2022

Switzerland's adoption of the EU's sanctions against Russia ensnared around 870 individuals and 62 companies, but there are wider implications for those holding Russian passports or maintaining a residence in Russia.

Legal

Qealth manager banned for fraud

March 21, 2022

Was found to have transferred clients’ money to his personal account.

Legal

How to improve the EU’s AML Package on beneficial ownership registration

March 21, 2022

This report contains the Tax Justice Network’s proposed amendments to improve the EU’s draft Anti-Money Laundering (AML) Package with regard to beneficial ownership registration.

Legal

Experts warn that a wealth tax in South Africa is coming

March 20, 2022

SARS intends to go after ‘unexplained wealth’, and has proposed that all provisional taxpayers with assets above R50 million be required to declare specific assets and liabilities at market values in their 20203 returns.

Legal

Conflicts Of Interest And Controversial Clients: Henley & Partners’ Caribbean Business

March 20, 2022

That responsibility ultimately lies with governments, she said, but firms operating these programs like Henley & Partners should be obliged to follow anti-corruption and anti-money laundering laws.

Legal

(Not so) Unexplained Wealth Orders

March 18, 2022

This new provision to allow UWOs to be made against person who don’t actually hold the property is designed to prevent people hiding behind complex corporate structures.

Legal

New cross-border double taxation agreement between Switzerland and Italy: Updates

March 18, 2022

The agreement will apply as from 1 January 2023

Legal

OECD announces release of commentary on Pillar Two model rules for global minimum tax

March 18, 2022

The newly released commentary on the GloBE model rules indicates that the implementation of the new rules “is envisaged by 2023.”

Legal

Former DBS manager given prohibition orders after deceiving clients into transferring S$490,000 to personal bank account

March 18, 2022

he orders took effect on Wednesday (Mar 16) after Loh was convicted of cheating and forgery offences, and using the benefits of his criminal conduct.

Legal

Isle Of Man Takes Steps To Stymie Movement Of Russian Billionaire Andrey Melnichenko’s Two Superyachts

March 17, 2022

The Isle of Man’s Minister for Enterprise, Dr. Alex Allinson, told the BBC on Tuesday that deregistering a ship means it cannot legally take to the sea.

Legal