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The week on eprivateclient: Zedra, Withers, RSM and more…
12/02/2018 , News Team

A look at the top stories on eprivateclient this week…

Monday

2017 eprivateclient Top Trust Company Zedra has unveiled plans to open its second office in Switzerland, in Zürich’s main business district.

The former boss of Formula 1, Bernie Ecclestone, has been quizzed at a London police station as part of a £1 billion tax investigation, The Sun newspaper has reported.

Tuesday

International law firm Withers has created a new joint venture called Withers Global Advisors (WGA) as a specialist business offering internationally mobile high net worth individuals a wide-ranging service on global movement, and especially on securing additional citizenship or residency rights through investment programmes.

According to a report in The Guardian newspaper, the UK Government crackdown on 'offshore tax cheats' has failed to bring in the revenue expected. Figures requested by the Labour Party from HMRC estimate that only £349 million a year has been generated from disclosure facilities such as the Liechtenstein and Swiss agreements – some £650 million a year below estimates following a new forecast in September 2017 provided by HMRC to the Office for Budget Responsibility.

Wednesday

RBC Wealth Management has made two new director appointments in its Guernsey-based fiduciary services business. Petrina Le Vallois and Sam Ozanne will report to Lisa Barnett, managing director of RBC Trustees (Guernsey) Limited, RBC Wealth Management - International.

RSM UK has appointed David Gwilliam as its new chief executive from 1 April 2018.

Thursday

US law firm Benesch has added an international private client group, expanding its services for family offices and other private investors with an increased level of global and multi-disciplinary advice.

Intertrust in Jersey has promoted a property specialist as a director in its real estate team. Jane Stammers joined Intertrust in September 2014 as a client director and has more than 20 years’ experience in offshore administration.

Friday

Law firm Thrings is to move to a new London office, which it says will help it develop its services for international clients looking to invest in the UK and UK clients with interests overseas.

Intertrust in Jersey has been accredited by the Institute of Chartered Accountants in England and Wales (ICAEW).

 

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