Anti Money Laundering: Tweak your systems for 4MLD
Changes under the 4th Money Laundering Directive will provide new opportunities to identify beneficial owners, but the other main requirements seem likely to stay the same, says Katie Jackson of Honne Ltd – Risk and Compliance Consultants. The 4th Money Laundering Directive from the European Union is due for implementation soon. Barring a Brexit, and […]
Leaving the EU could vastly increase inheritance tax on European estates, according to international legal expert
Those with property or money abroad could face huge increases in inheritance tax on foreign-based estates if the UK votes to leave the EU, according to one UK based lawyer. Sara Janion works for Worldwide Lawyers and says that the tax liability for those outside the EU inheriting property inside is often much higher, with […]
Widow challenges will that left her £36,000 out of £12 million estate despite serving divorce papers
A widow who left her husband two years before he died – serving divorce papers just two months his death – is challenging the will which left her just £36,000 of his £12 million fortune. Nigel Vindis, who owned nationwide car dealership Vindis Group, died in 2013. During the latter stages of his illness he […]