- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Leading Irish law firm opens in the Cayman Islands

An Irish law firm has opened an office in the Cayman Islands.

Italy rules out wealth tax, other new taxes

The government "does not have plans" for a wealth tax or other fiscal measures, Grilli said during testimony before the Chamber of Deputies parliamentary budget committee.

City regulator fines former BoS banker

Peter Cummings, the man behind Bank of Scotland’s failed corporate bank, has been handed a “warning notice” and punitive fine by the Financial Services Authority.

Income tax cap – update and frequently asked questions by Withers Worldwide

Those following the state of UK giving could be forgiven for having allowed themselves to feel cautiously optimistic during the past two years.

New cookie regulations could mean big changes

New EU regulations mean we will soon all need to consent to being tracked on the web - Matt Warman says the potential effects on consumers and websites could be far-reaching.

New UK Non-Dom Scheme Welcomed

The legislation, which came into effect on April 6, has been given a cautious welcome by law firm Boodle Hatfield.

Liechtenstein, Austria Eye Withholding Tax Deal

Based on the model of the bilateral agreement recently signed with Switzerland, it is said that the planned new deal with Vaduz would also encompass undeclared investments held in Liechtenstein foundations.

Lawrence Graham welcomes four lawyers to partnership

All four of the new partners are based in the firm’s London headquarters, although the firm promoted Monaco corporate lawyer Nathalie Tanzi to its partnership in February.

Ex-UBS Trader Adoboli Wants Disciplinary Hearing Data, Laptop

Defense attorney Charles Sherrard said he wants to know "the nature of any interviews" from disciplinary hearing with Adoboli's co-workers on the Swiss bank's Delta One trading desk.

Hedge fund chief faces FSA fine

In the case of two companies, the purchases accounted for more than 80 per cent of that day’s total volume in those shares.

FSA reveals large increase in 'cloned firm' reports

Cloned firms appear to be genuine authorised firms or individuals when in fact they are a separate company with no affiliation to the firm they are cloning.

Fewer investors fall for 'boiler room’ share scams

But the number of people who actually invested with a share fraudster after being contacted by them dropped by 7pc, from 831 in 2010 to 770 in 2011.

Ex-Cantor Traders Fighting FSA’s Market-Manipulation Fine

They were trading on the instructions of Stefan Chaligne, an equity-fund investment manager.

UBS Unit Will Cooperate With French Tax-Evasion Investigation

Paris prosecutors opened a formal investigation April 12, after conducting a preliminary inquiry with the customs service into a complaint by France’s Prudential Control Authority in February 2011 over the bank’s practices in France.

CPSS-IOSCO issue new standards for financial market infrastructures

CPSS and IOSCO members will strive to adopt the new standards by the end of 2012. Financial market infrastructures (FMIs) are expected to observe the standards as soon as possible.

Dewey exodus continues as London and Dubai quartet head for Dechert

The team also includes two partners in the firm's Dubai office, with corporate duo Gavin Watson and Chris Sioufi also joining Dechert, which currently does not have a presence in the United Arab Emirates.

Belgium Opens Way For Sanctions of Fortis Officials

The decision to pass the case to the sanctions committee, which is composed mainly of independent magistrates, means the FSMA considers that there is enough evidence to take the case forward and that there will be no settlement with the parties involved.

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