What are the opportunities and challenges for the year ahead - Vikna Rajah

Vikna Rajah of Rajah & Tann

Feb 5, 2019

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1. What are the opportunities and challenges for the year ahead?

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1. What are the opportunities and challenges for the year ahead?

We have seen UK courts issue UWO’s. Essentially orders asking clients to explain how they’ve accumulated their wealth. And these are very onerous orders to comply with. I think we may start seeing that across jurisdictions, or something similar to that. Undoubtedly there will be increased scrutiny of advisors as well. Who has an obligation to report if they are involved in, or aware of any, tax avoidance or evasion schemes?

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