How regulatory scrutiny is shaping the global wealth industry
A slew of bad news overshadowed one of the stories of the summer: how regulators are making headway against tax evasion. The landscape is changing for good, writes Scorpio.
Riots, hurricanes, debt downgrades and currency wobbles dominated headlines this summer. What was less noted – but with potentially more impact on the global wealth management industry – was continuing scrutiny of offshore accounts by regulators around the world.
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