Private Client: Playing the advantage
The UK has long been a key centre for global wealth management, but the Government's ongoing review of the country's domicile regulations may place that position under threat. John Riches explains why.
The UK’s attractiveness as a place for successful people to live is largely due to the free flow of capital and the ease of communications. The UK is seen not only as an ideal stepping-stone between the US and Eastern Europe, but has also built on its reputation as a financial capital in a climate where investment ‘onshore’ is increasingly seen as preferable to ‘offshore’, thanks to regulatory and compliance pressure in the offshore jurisdictions.
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651