ASIA: Asia’s next-gen want fulfilling jobs from venturing to family offices

Discussing career development can be a softer entry point into tougher conversations around succession, according to UBS’s Thomas Ang.

Asia’s next generation is redefining their career aspirations, with a notable shift towards seeking a sense of satisfaction as they explore setting up their own ventures and getting involved in the family office.

This change presents challenges and opportunities for wealth managers, as it is no longer merely about joining the family business.

According to Thomas Ang, UBS global co-head family advisory, art and collecting, discussing career development can be a softer entry point for succession conversations, and offer opportunities to introduce wealth management solutions.

12 February 2024

ASIA: UN Investigating Crypto Attacks by North Korea Hacking Groups Totalling $3B

The United Nations (UN) is cracking down on North Korea’s suspected misuse of cryptocurrency, launching an investigation into hacking groups linked to the nation. These groups are accused of orchestrating

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30 May 2024

LUXEMBOURG: Luxembourg draft law published 23 May 2024 contains a series of tax measures and clarifications

Main takeaways: On 23 May 2024, the Minister of Finance submitted a draft law No. 8388 with the Luxembourg Parliament (the “Draft Law”) proposing several new tax measures, mainly: Amendment and

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4 July 2025

WEALTH TAX: Spain, Brazil and South Africa create alliance to tax super-rich at UN conference

Spain, Brazil and South Africa announced a new global coalition to tax the super-rich at the Fourth Financing for Development Conference in Seville, Spain. Oxfam said the alliance created at the UN

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18 October 2025

UK: FCA consults on applying existing compliance frameworks to crypto

The Financial Conduct Authority (FCA) is consulting on the extent to which it should apply existing rules and guidance in its Handbook to firms conducting regulated cryptoasset activities. Full crypto

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