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The week on eprivateclient: Carey Olsen, Hargreaves Lansdown, Stephenson Harwood and more...

18/05/2018 Will Sidery

A look at the top stories on eprivateclient this week…

Monday

The 2018 eprivateclient Guernsey report is released and includes articles from Greta Pender from Saffery Champness, Babbé LLP associate, Bryan Little, Trust Corporation International‘s Andréa Daley Taylor, NWH Global’s James Crawford and Andrew Carey, head of Locate Guernsey among others

Switzerland remains the top international wealth management centre in terms of competitiveness, size and performance, according to the latest Deloitte International Wealth Management Centre Ranking 2018

Tuesday

Law firm Stephenson Harwood strengthens its global private wealth practice with the appointment of partner Kevin Lee, who joins the firm in Hong Kong. Mr Lee's arrival is the latest in a number of moves to expand the firm's private wealth practice. Private wealth partners Erik Wallace and Laurence Ho, both who have experience in US tax and estate planning matters, joined the firm's Hong Kong office in 2016 and 2017 respectively

Accountancy firm Saffery Champness warns that with the clock ticking on HMRC’s deadline on the new Requirement to Correct (RTC), the crackdown on offshore tax evasion and non-compliance continues to intensify

Wednesday

HMRC appeals over Hargreaves Lansdown's ‘discount tax’ following the first tier tribunal finding in favour of the wealth management firm earlier this year

RBC Wealth Management, part of Royal Bank of Canada (RBC), appoints Fiona Lucas as managing director, relationship management, in its London office as the bank looks to strengthen its network of relationships within the advisory community

Thursday

2017 eprivateclient Top Trust Company, Sanne, hires Tracy Burns from RBS International as director of global operations based at Sanne’s headquarters in Jersey. Ms Burns will be responsible for leading the development and rollout of Sanne’s operations, helping to support the business with its growth and creation of global operational centres

With the royal wedding set to take place tomorrow, accountancy firm Blick Rothenberg warns enterprising individuals looking to make the most of their proximity to Windsor Castle that HMRC will be looking for any undeclared income

Friday

The Low Incomes Tax Reform Group raises “serious concerns” to the UK Government over its plans to extend the time limits for raising a tax assessment on offshore investments and the impact this could have on vulnerable taxpayers

Offshore law firm Carey Olsen Bermuda appoints Cheri Minors as a senior associate in its trusts and private wealth practice, reporting into partner Keith Robinson

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