Regulation & Tax

The Swiss regulator – FINMA – has reported serious violations at Banque Audi (Suisse) in relation to the prevention of money laundering.

New licensing grounds available under Cayman Islands and BVI Russia sanctions will pave the way for Cayman Islands and BVI investment funds and other entities to divest their frozen assets in Russia

Some of the UK’s wealthiest families were landed with retrospective tax bills in the region of £1.4 million on lifetime gifts, according to latest annual figures from a Freedom of Information (FOI) request by RBC Brewin Dolphin

The Financial Conduct Authority (FCA) has confirmed the increase to the Financial Ombudsman's award limits for the coming financial year

Counting down our top stories from the week

The chief executive of the Financial Conduct Authority (FCA) has praised many firms for approaching Consumer Duty “in the right spirit”.

The Financial Conduct Authority (FCA) has fined the financial advice firm Inspirational Financial Management Ltd (IFM) £897,840.

A look at the most read stories to feature on thewealthnet's sister site eprivateclient last week...

A roundup of the latest funds news impacting the wealth management sector...