A look at the top stories to feature on eprivateclient this week…
Monday
The 2019 eprivateclient Top Residential Property Buyers’ rankings are revealed with 19 firms in the UK making the list for this year
Following the news that Deloitte in the UK & Switzerland has increased its revenue by 10.9 percent in the year ended 31 May 2019, from £3.58 billion in 2018 to £3.97 billion, it is revealed that equity partners are on over £880k per annum
Research from law firm Pinsent Masons reveals that HMRC received £1.9 billion from investigations into wealthy individuals in 2018/19, a 58 percent increase from the £1.2 billion received the previous year
Transatlantic law firm Womble Bond Dickinson (WBD) has appointed Edward Stone as a partner in the firm's London office, joining WBD's private wealth team
Offshore law firm Bedell Cristin names Tim Pearce as its global managing partner from 1 September 2019, succeeding David Cadin
eprivateclient spoke to Royds Withy King partner & head of racing and bloodstock Andrew Clark who has worked in this “very lucrative and interesting niche” for approaching 40 years now
UK Accountancy and business advisory firm RSM has appointed Adela Cebotari as a private client associate tax director in its Chelmsford office. In this role she will focus on providing tax consulting, tax planning and tax return submission services to entrepreneurs, high net worth individuals and their families
Stonehage Fleming has appointed Chris Merry as chief executive. He replaces Giuseppe Ciucci who has held the position since 1997. Mr Ciucci - who was named as an eprivateclient 50 Most Influential in 2016 - will remain managing partner of the firm and will also become deputy chairman of the board
Crowe’s head of professional and private clients, Tom Elliott, looks at recently published research from HMRC looking at the widespread confusion around Inheritance Tax rules
KPMG in the Channel Islands’ senior partner, Jason Laity, is to retire from the firm on 1 October 2019. He will be replaced by Neale Jehan, while Andy Quinn, the CI head of audit, will take on Mr Jehan’s previous role of managing partner
HMRC has penalised a London business with a “record” fine for breaching strict anti-money laundering regulations. West London-based money transmitter Touma Foreign Exchange Ltd ignored these regulations and received a £7.8 million penalty