Steve Morlug |
Our globally competitive financial services enable our clients to grow their businesses.
We provide the capital needed for industry and society to grow and prosper. Our unique synergy of technical and financial services will be a driver for growth in Japan and throughout Asia. We make the most of our extensive networks to provide high-value-added services, timely information, original financial products and financing solutions. Securities We offer a range of asset management options from Japanese and foreign stocks, securities, and trust funds tailored to our client's needs. Investment advice With timely and insightful investment advice and tailored financial instruments, we achieve solid returns even in tough economic times. Investment information Our local knowledge and extensive networks ensure our clients get accurate investment information first. Other financial services We develop strategic financial packages and provide attentive long-term support to ensure positive outcomes.
0 Comments
Charities attract a number of tax reliefs.
We recognize that every charity is different, and look after charitable funds for a wide range of organizations. Therefore, we aim to provide an investment strategy to meet individual charity's requirements. This is based on a full understanding of their income, total return and risk parameters after a consultation. We provide a bespoke portfolio designed to meet those needs and objectives. We can then adapt the investment strategy, in response to changing charity needs over time. We will also provide regular reporting and attend trustee meetings in line with individual requirements. Any funds that the Charitable Trust invests will benefit from the distinctive investment management approach of St. James's Place and ongoing monitoring undertaken by the St. James's Place Investment Committee in conjunction with Stamford Associates, Redington and other independent consultants. What Are The Tax Benefits? Tax benefits available include: • Donors can reclaim tax on the value of their donations • Charities are exempt from Capital Gain Tax, Income Tax, Corporation Tax and Inheritance Tax • Smaller trusts do not have to register for VAT The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested. The levels and bases of taxation and reliefs from taxation can change at any time and are generally dependent on individual circumstances. How are Annual Reporting requirements fulfilled? The Charity Commission requires an annual formal report and accounts to be filed by charities. This can be a complex and time consuming activity, but we can share this responsibility with you in conjunction with a number of external experts. For more information about how this is achieved, please contact us to arrange an initial consultation. Security and Risk Online - U.S. accuses Chinese citizens of hacking law firms, insider trading1/5/2017 Three Chinese citizens have been criminally charged in the United States with trading on confidential corporate information obtained by hacking into networks and servers of law firms working on mergers, U.S. prosecutors said on Tuesday.
Iat Hong of Macau, Bo Zheng of Changsha, China, and Chin Hung of Macau were charged in an indictment filed in Manhattan federal court with conspiracy, insider trading, wire fraud and computer intrusion. Prosecutors said the men made more than $4 million by placing trades in at least five company stocks based on inside information from unnamed law firms, including about deals involving Intel Corp and Pitney Bowes Inc. The men listed themselves in brokerage records as working at information technology companies, the U.S. Securities and Exchange Commission said in a related civil lawsuit. Hong, 26, was arrested on Sunday in Hong Kong, while Hung, 50, and Zheng, 30, are not in custody, prosecutors said. Defense lawyers could not be immediately identified. The case is the latest U.S. insider trading prosecution to involve hacking, and follows warnings by U.S. officials that law firms could become prime targets for hackers. "This case of cyber meets securities fraud should serve as a wake-up call for law firms around the world: you are and will be targets of cyber hacking, because you have information valuable to would-be criminals," U.S. Attorney Preet Bharara in Manhattan said. Prosecutors said that beginning in April 2014, the trio obtained inside information by hacking two U.S. law firms and targeting the email accounts of law firm partners working on mergers and acquisitions. Prosecutors did not identify the two law firms, or five others they said the defendants targeted. But one matched the description of New York-based Cravath, Swaine & Moore LLP, which represented Pitney Bowes in its 2015 acquisition of Borderfree Inc, one of the mergers in question. The indictment said that by using a law firm employee's credentials, the defendants installed malware on the firm's servers to access emails from lawyers, including a partner responsible for the Pitney deal. Cravath declined to comment. In March, Cravath confirmed discovering a "limited breach" of its systems in 2015. Prosecutors also accused the defendants of trading on information stolen from a law firm representing Intel on the chipmaker's acquisition of Altera Inc in 2015. Intel's merger counsel on the deal was New York-based Weil, Gotshal & Manges LLP. The law firm declined to comment. In Beijing, Chinese Foreign Ministry spokeswoman Hua Chunying said she was aware of the reports about the case but knew nothing about it. The case is U.S. v. Hong et al, U.S. District Court, Southern District of New York, No. 16-cr-360. NEW YORK — ‘Tis the season to be jolly — but it’s also the season for identity theft, phishing and credit card fraud.
With Christmas just days away, people are using their smartphones and other devices to get a handle on their last-minute shopping. Hackers are on the hunt as well, looking to steal personal information from easy targets. “People just need to have their radar up, so that when they’re trying to get their perfect gift to grandma’s house in time for Christmas day, they’re not clicking on things they shouldn’t,” said Michael Kaiser, executive director of the National Cyber Security Alliance. Here are some other tips for staying safe this holiday season. You’d better watch out Make sure your phone’s operating system and all the apps you use to shop are up to date. That way you’ll have the fixes for any recently discovered security problems. You should also enable multi-factor authentication in the settings on your important accounts. This is a security measure that requires you to enter a temporary code in addition to your password when signing in; services often text this code to your phone. It complicates life for hackers should they somehow manage to get your password. Improvements in credit card fraud detection have pushed hackers to focus on stealing legitimate login credentials, so adding an extra layer of protection to these accounts is a must, says John Dickson with the cybersecurity firm Denim Group. And while some cybersecurity experts question the value of changing your password frequently, Dickson says it’s not a bad idea this time of year. “If you had a New Year’s resolution to change your passwords, move that up by about four weeks, because this is fraudster season,” Dickson says. Santa (and hackers) are watching Nobody likes to dip into their mobile-data plan, but you might want to set aside a few gigabytes for holiday shopping. Signing on to free Wi-Fi at a store or coffee shop can be risky. Hackers could be lurking on the networks, ready to use that connection to steal credit-card numbers or other personal information. If using free Wi-Fi, at least wait till you get home to check your bank account balances, Kaiser said. Feast of the phishes Phishing spikes during the holiday season. Emails that offer great deals on holiday gifts or donation pitches from charities could actually be attempts to steal your credit card or login information. Another popular trick: Fake emails supposedly sent by online retailers or shipping companies. Don’t click on links in these emails, as they may lead you to a fake website that looks legitimate. Instead, type in the company’s website directly. Checking it twice (or more) Shoppers need to keep a close eye on their accounts. The easiest way to do this is to use the same credit card for all of your holiday shopping. Avoid debit cards — running up a credit card balance is one thing and can be challenged; draining your life’s savings is another. Use different passwords for your various shopping accounts. That way if one is compromised, it’s less likely that the others will fall to hackers as well. Naughty or nice? Websites that advertise hot deals on popular or hard-to-find gifts are probably scams. So are those touting free or deeply discounted gift cards. Stick with e-commerce sites you know are real. Don’t click on web ads. And if something advertised on a website or social media looks too good to be true, it probably is, said Brian Reed, chief marketing officer for ZeroFox, a cybersecurity firm that focuses on social media. Instead of getting a great deal on a North Face jacket or a free iPhone, shoppers are getting their money and personal information stolen. Also avoid apps that promise to generate gift card codes for various retailers, Reed said. The apps can harm your device. And, if you manage to use a code, you’re committing fraud. Giving the gift of IOT Internet-connected gadgets — whether they be a “smart” thermostat, baby monitor or a talking toy — will be under many trees this year. But the lack of security built into many of these devices is becoming an issue. Experts worry that they could be used to breach a home or business network and let hackers access another device that holds private information. There’s no way to tell from its box how secure any given gadget is, but an online search could fill you in on previously reported problems. Default passwords should be changed right away, if possible. Do some research to understand exactly what personal information the device is collecting and where it’s being stored or sent. Down the road, make sure your smart devices get their security updates. That includes your wireless router. If it’s an older model, you’re probably going to need to get them from the manufacturer’s website. Newer models often send updates through apps. And if your router is really old and not getting updates, you might want to add that to your gift list. “If that’s your gateway and it’s not secure, then you’re allowing people to get into all of the devices connected to it,” Kaiser said. BENGALURU: IBM has launched what it says is a state-of-art cyber security command Centre in Bengaluru to offer customized security solutions to its Indian clients. The company says it planned this long before the extra push for digital in India came from demonetization. But the current environment makes the move look particularly relevant. Concerns about security are becoming top-of-mind for many involved as the Modi government aggressively pushes digital payments.
Sandeep Sinha Roy, head of security services in IBM India, indicated that those concerns are not misplaced. "We deal with an average of 140 million incidents in India a month," he said. Incidents can involve inadvertent or malicious acts by internal employees of companies, or external threats. The new Centre can offer tailor-made solutions for clients, provide alerts and advisories based on global events, 24x7 emergency response services for security breaches, and services to manage the security of devices being used by employees. It can ensure that data resides within the country and never leaves, a compliance requirement that some enterprises in India need to follow. IBM will bring the power of its Watson cognitive computing system also to the space, enabling it to provide a whole new level of analytics and instant response. Mathew Newfield, director of managed security services in IBM, said Watson is being beta tested with 40 global clients. "We'll start training Watson in the Indian environment shortly," he said. Systems like Aadhaar and UPI (unified payment interface) make the Indian environment different from others. Newfield said Watson can do in seconds what a security engineer will take hours to do. "If there are 100,000 devices in an organization's infrastructure, Watson can look at all the ongoing, real-time threats, and instantaneously understand which of those devices are susceptible to the attacks. If there's a big security event globally, Watson can figure out quickly which clients in India have a profile that make them susceptible," he said. Roy said the financial sector in India, especially banks, has been very serious about security, and has become more so with the recent push towards digital. "These (digital security solutions) are the guards of the future, not the security guard at the bank branch," he said. He declined to name the banks because of non-disclosure agreements, but said 18 customers, including Dewan Housing Finance and Aditya Birla Nuvo, are being serviced by the new centre. In November, IBM Security announced a major expansion of its incident response capabilities, including new facilities, services and software as part of a $200 million investment made this year. Apart from local centres like the new one in India, IBM also has ten global security service centres, including one in Bengaluru, that have recently been rebranded as X-Force Command Centres. These centres work as a single entity to service clients globally. Earlier this year, rival Accenture launched a global flagship "Cyber Fusion Centre" in Bengaluru that leverages the company's inter-disciplinary capabilities and combines everything related to cyber security - from strategy, innovation and consulting to implementation and trouble-shooting incidents - under one roof. Following the recent report from IBM’s security intelligence group about the rise of cyber-attacks on VoIP Session Initiation Protocol, Angela German, Director of Marketing at VoipSec, commented below.
Angela German, Director of Marketing at VoipSec: “The rise and rise of SIP-based Cyber Attacks Cyber-attacks using the VoIP protocol Session Initiation Protocol (SIP) have been growing in 2016, accounting for over 51% of the Voice over Internet Protocol (VoIP) security event activity analyzed in the last 12 months, according to a new report from IBM’s Security Intelligence group. VoIP risks extend beyond spam and eavesdropping. These phones connect a large variety of devices, and cybercriminals can weaponise any internet-connected corporate or consumer device. And increasingly, hackers are targeting these vulnerabilities to infiltrate and exploit these networks. This trend highlights the growing importance of ensuring appropriate security protocols for VoIP phones and networks. Unfortunately, still far too many companies (SMEs in particular) are either not fully aware of the financial risks or assume that the security available – traditionally the hardware-based Session Border Controller (SBC) – is too complex or costly. In fact, cloud based technology can provide companies with an essential first tier of voice security through simple download and install virtual SBC. Moreover, software based SBCs, either on premise or in the cloud, can also explore community led intelligence about threats and risk experiences to rapidly disseminate new threat information and best practice.” St. James's Place Wealth Management recognizes that no single investment house has a monopoly on investment expertise, and St. James's Place do not employ in-house investment managers. Instead we carefully select a number of external managers of outstanding ability to manage our range of funds.
This has a number of advantages: • It gives us the freedom to select first-class managers from the global investment market to manage our funds on behalf of our clients • It enables us to change any of these managers at short notice if we have lost confidence in them, without any charges, or tax, or inconvenience to our clients • It offers our clients a real opportunity to diversify their investments by spreading their money across funds managed by different managers with different styles Discussing issues involved with pollution is nothing new in our modern society. And living in a busy city also means having hectic streets every day filled with cars and other vehicles, which could result in a smoky environment. With this, it’s obvious that you are vulnerable to the harmful effects of exhaust fumes.
However, you can conduct a proper exhaust control to reduce the effects of exhaust fumes from combustion engines. A good exhaust control can help you realize its huge importance as well as the benefits included in its entire process. Tyre&Auto Southbourne Group aims to elucidate how important proper exhaust control is to every individual, especially to car owners, through this article. To begin with, this specific action could lessen noise levels. In order to reduce noise pollution, you need to have the proper design and installation of an exhaust pipe system. Tyre&Auto Southbourne Group can help you accomplish this with lesser trouble. There will also be an increase in noise levels if the exhaust pipe of your car is broken. A proper exhaust control also makes passengers free from the direct exhaust. There's a reason why car exhausts were designed at the tail end of a car or raised high up - it is to keep exhaust fumes away from the passengers, or to support its escape into the atmosphere. You should contact Tyre&Auto Southbourne Group or your trusted car service provider to identify any clogging or leaks in your car to guarantee a more peaceful ride. A better engine performance is also attainable with a good exhaust control. A defective exhaust pipe could result in reduced power and performance since it decreases the ability of the engine to maximize its burning capability. There will also be a large percentage of lost in an engine's power if there’s an inefficient disposal of the waste gases from the combustion process. And finally, fuel consumption becomes more effective with a good exhaust control since proper burning is required to increase the effectiveness of fuel consumption. Moreover, a defective exhaust system can reduce car mileage. You're not just polluting the environment with a defective exhaust pipe system, but you're also burning your hard-earned money. Every individual should be responsible for controlling the quantity and quality of exhaust fumes to protect the environment of our home planet. PUBLIC-PRIVATE PARTNERSHIP PLANNING
The Orlando Community Venues Master Plan is regarded as one of the nation’s most successful public-private ventures, and SC Advisors has played a key role in its development and outcome. In 2005, Orlando Mayor Buddy Dyer set out to provide a much needed community-wide vision for Central Florida’s major public venues. He and his team faced significant challenges: • Efforts to build a performing arts center to replace the outdated and deteriorating Bob Carr Auditorium had languished for years. • The Amway Arena, home of the Orlando Magic basketball franchise, was one of the oldest in the nation and fell short of many NBA standards. It also lacked sufficient technology and capacity to attract quality concerts and other events to Orlando. • The Florida Citrus Bowl faced the possibility of losing its highly regarded holiday bowl games due to its age and state of disrepair. Millions of dollars of direct revenue and millions more in economic impact for Central Florida were at risk. Mayor Dyer proposed a bold plan that would reinvigorate not just one of these vital venues but all three. The Mayor turned to SC Advisors to guide the City through the process of establishing the Orlando Community Venues Master Plan. The plan called for unprecedented collaboration and revenue-sharing agreements among the City of Orlando, Orange County, and the tourism industry. It also called for the private sector to secure the additional financial investment required for each venue and to manage its development. This complex public-private venture strategy was approved by in 2006 and received commitments of more than $1 billion in funding. In 2010, the $480 million Amway Center opened to national acclaim. Final plans for the expansion and improvements to the Florida Citrus Bowl were approved in 2012. Demolition began in January 2014 and the renovation was completed in time for the annual Florida Classic just ten months later. The Dr. Phillips Center for the Performing Arts opened in November 2014 and quickly became a focal point of downtown and has been widely recognized as an outstanding facility DUE DILIGENCE AND PRE DEVELOPMENT PLANNING
The Downtown Sports & Entertainment District is a planned development to be located on the block to the north of Amway Center. Plans for the estimated $200 million mixed-use development include a 250 room hotel, an office building, multi-family residential components and an exciting array of dining and retail establishments. The Orlando Magic retained SC Advisors to provide due diligence and pre development services for the project. SCA played a key role in the purchase of the necessary land, securing municipal approvals and coordinating the site planning and conceptual design process. SCA was pleased to continue its relationship with the Orlando Magic after serving as the Developer's Representative for the award-winning Amway Center. |