Having trouble keeping up with worldwide private wealth developments? Don’t be left out in the cold. Welcome to the wrap-up of the top ten most popular stories in the STEP Wealth Structuring News Digest throughout January 2015. In case you missed them, here are the worldwide industry news stories most viewed by our readers. Full text of AML… Read More STEP Wealth Structuring News Digest wrap-up – January’s top stories
Winter might be cold and dark but the private wealth industry keeps on spinning. Welcome to the wrap-up of the top ten most popular stories in STEP’s online UK Digests throughout January 2015 as clicked by our readers. Planning for 2015: The January 2015 edition of Smith & Williamson’s family wealth management newsletter includes articles on the 2015… Read More STEP UK News Digest wrap-up – January’s top stories
At one of the regular meetings we had with HMRC, there was a short presentation from the Offshore Evasion strategy team. They are keen to get the message out to taxpayers that automatic exchange of information in the shape of the Common Reporting Standard will be coming in relatively soon, with the first exchange of… Read More Informing clients of CRS reporting
A number of STEP seminars on advising family businesses are being held over the coming weeks. Practitioners eager to develop their expertise in advising family businesses and members of STEP’s Business Families Special Interest Group (SIG) should take the opportunity to attend one, if not all, of these expert-led events. Trustees and the Family Business… Read More It’s a good time to be a family business advisor
A third-party company, Exhibitor Housing Services (EHS), is contacting our Mauritius conference speakers and exhibitors, introducing themselves as the official ‘housing bureau’ for the event or as a representative from the InterContinental Resort Mauritius or STEP and offering room rates lower than those quoted on our website. This is not the case. EHS is not… Read More Scam Alert: Hotel Room Reservations Services from Exhibitor Housing Services (EHS)
After long negotiations, the UK and EU Parliament are finally marching to the beat of the same 4th AML Directive drum. However, this was not the only big development in trust and estates around the world last month. Welcome to the wrap-up of the top ten most popular stories in the STEP Wealth Structuring News Digest… Read More STEP Wealth Structuring News Digest wrap-up – December’s top stories
Feeling a bit foggy after the holiday break? It’s time to get back up to speed with the latest trust and estate developments. Welcome to the wrap-up of the top ten most popular stories in STEP’s online UK Digests throughout December as clicked by our readers. Draft legislation to block multiple-trust IHT planning: The government has published new legislation… Read More STEP UK News Digest wrap-up – December’s top stories
Reports suggest that late last night the EU Parliament and Member States finally reached an agreement on the 4th Anti-Money Laundering Directive. The agreement will see a mandatory requirement for registration of beneficial owners for corporates, but is less than clear on the issue of public access to such a register, allowing access to be… Read More The 4th AML Directive Agreement – a pragmatic solution
There have been some important changes in the England and Wales Regional Committee since the last Chair’s statement in June. Most significantly Patricia Wass has recently finished her term as Chair of the Committee. As will be evident from the Committee’s recent statements Tricia has steered the Committee through a number of important discussions and… Read More STEP England & Wales Biannual Statement – December 2014
This article originally appeared at ACAMS moneylaundering.com On the eve of key behind-the-scenes talks on the Fourth European Union Anti-Money Laundering Directive, the rift over proposals for the public register of trusts has widened between the United Kingdom and Europe. Officials from the European Parliament, Commission and Council are set to meet Tuesday to discuss… Read More Battle Over Exempting Trusts From Public Registry Continues Between EU and UK
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