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The week on eprivateclient: Cripps, Kleinwort Hambros, Locate Guernsey and more....

18/08/2017 Will Sidery

A look at the top stories this week on eprivateclient

Monday

UK law firm Cripps expands its private client team with the appointment of a new partner, David Semmens

South west England law firm Mogers Drewett acquires Bath-based legal practice, Hutcheson Forrest.

Tuesday

Kleinwort Hambros, the trust, private banking and wealth management business of Societe Generale in the UK, Channel Islands and Gibraltar, appoints Stuart Barnett as chairman designate of the board of directors of SG Kleinwort Hambros Bank Limited

Specialist in high net worth individual and business relocations to Guernsey, Locate Guernsey, hires Edward Stone as UK representative and strategic residence consultant

Wednesday

Lasting power of attorneys can still be “useful” despite retired senior judge Denzil Lush’s comments that there is a lack of safeguards in the systems in England and Wales

The amount of money paid in Inheritance Tax (IHT) by UK families has risen by almost 70 percent over the last five years, from 2012 to 2017, according to legal and estate agency practice Miller Hendry

Thursday

The Swedish Parliament has passes a new law concerning registration of beneficial owners, an implementation of the Fourth Anti-Money Laundering Directive

Almost half (48 percent) of over-65s would consider downsizing, particularly if they were exempt from stamp duty, according to new figures from McCarthy & Stone’s annual Retirement Confidence Index (RCI)

Friday

Swiss wealth management firm, Prime Partners, enters into a non-prosecution agreement (NPA) with the US Attorney's Office and has agreed to pay $5 million to the United States for assisting US taxpayer-clients in opening and maintaining undeclared foreign bank accounts from 2001 through 2010

The law in Northern Ireland “remains out of step with the rest of the UK” following a Belfast High Court’s refusal to recognise same-sex marriage

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