Articles & Video
Complex offshore structures – traps and pitfalls: a practical guide
There has been a growing trend over recent years for the development of bespoke and complex holding structures to accommodate the needs and sensitivities of ultra-high net worth individuals. Often, the clients originate from civil law jurisdictions and as a consequence are unfamiliar with trusts and the fiduciary relationship created. There is (understandably) suspicion.
I can see clearly now…
In recent years, there has been a positive deluge of reporting initiatives affecting UK individuals, entities and structures with a UK connection. Some of these have come from the USA (so-called “FATCA”), some from the OECD (the Common Reporting Standard), others from the EU (as a result of the 4th Anti Money Laundering Directive) and others are simply ground-breaking initiatives by the UK government.
Brexit - What The Rich Could Expect?
What does Brexit mean for UHNWIs in Britain? Who knows – it very much depends on what Theresa May’s vision of Britain outside the EU will be. There is a global need for what we can offer, but we need someone to have the guts to grasp it.
Brexit & The Wealthy - A Leap Into The Unknown
On 23 June 2016, the UK voted to leave the European Union (EU) by a majority of 51.9% to 48.1% (of the 72.2% turnout of eligible voters). In fact, Scotland and Northern Ireland voted to remain in the EU, with 62% and 55.7% respectively of voters in favour of staying, but England and Wales took the opposite view.
What ‘Brexit’ Could Mean For International Owners Of UK Property
With the referendum being held tomorrow (Thursday 23 June) to decide whether the United Kingdom should remain in or leave the European Union (EU), we highlight the possible implications for international owners of UK residential property. - See more at: https://www.bdb-law.co.uk/blogs/international-ownership-of-uk-property/51-what-brexit-could-mean-for-international-owners-of-uk-property/#sthash.FXeek3ZL.dpuf