Managers of Wealth Europe

Norton Rose calls on staff to work a four-day week

UK law firm first to ask staff to cut back hours after taking similar action during financial crisis

Ask for a selfie: UK financial watchdog eases rules in pandemic

Restrictions on non-essential travel affect a firm’s ability to make compulsory anti-money laundering checks on customers, but Woolard said firms can be flexible.

U.K. Regulator Fines KPMG, Partner for Audit Failures

Whilst the Decision Notice does not question the truth or fairness of the company’s FY2016 financial statements, the breaches of Relevant Requirements related to the audit of items which were material to the consolidated income statement, albeit the

Wills and Lasting Powers of Attorneys in the time of Coronavirus By Dhana Sabanathan, Partner at Winckworth Sherwood

Lasting Powers of Attorneys enable chosen individuals to step in and take action when someone loses capacity.

DeVere fined by Malta regulator

Spokesperson says the advisory firm intends to appeal

HMRC warns returning NHS staff to ignore tax avoidance schemes

As promoters target those coming back to help fight the covid-19 outbreak

Covid-19 Lux Update: Exceptional Measures to Companies

Any Luxembourg company may hold any general meeting without a physical meeting

Denial of Tax Deduction on Interest and Royalties

Tax deductibility could be denied for parties in countries on the EU List of Non-Cooperative Jurisdictions for Tax Purposes.

Covid-19 Ireland Update: Electronic Signatures and Requirements for Original Documents

These measures have also impacted the ability to host physical board meetings, which disrupts a company's or fund's ability to conclude transactions and/or launch new products

COVID-19 Governance: Proposed changes to English insolvency law

As ever with emergency legislation intended to respond to a particular crisis, the Government will wish to ensure that any legislation does not give rise to unintended consequences

Statement from HM Treasury and the Prudential Regulation Authority on the implementation of the Basel 3.1 standards

HM Treasury and the Prudential Regulation Authority welcome the announcement made on 27 March by the Group of Central Bank Governors and Heads of Supervision

EU regulators issue money laundering warning as criminals adapt to Covid-19

The authority singles out international trade as a potential risk area.

A quarter of bosses have yet to address staff directly on Covid-19 crisis

UK CEOs shun video conference systems and opt for email updates as millions turn to remote working to do their jobs, according to a major new report into how large and medium sized companies are operating during the pandemic

Luxembourg Pulls out the Stops to Battle Coronavirus

The association of CEOs has been mobilized, as well as six banks

Solvency II: Income producing real estate loans and internal credit assessments for illiquid, unrated assets

The PS is relevant to UK insurance and reinsurance companies holding or intending to hold income producing real estate (IPRE) loans.

Money Laundering, Lawyers, and Escrow: The Case for Voluntary Due Diligence

The real value in the Committee’s investigation flowed, not from the sanctioning of lawyers, but in the identification of unresolved issues.

Consolidator puts pending acquisitions on hold

Mr Harper said the company was, however, pushing ahead with one deal which had exchanged and was near completion.

FCA to force banks to offer payment freeze

Given these measures would span a wide variety of firms the FCA is conducting a brief consultation on our measures.

UK Corporate Insolvency Reforms: Considerations for Lenders and Borrowers

The government has announced new restructuring tools to enable UK companies undergoing a rescue or restructure process to continue trading, giving them breathing space that could help them avoid insolvency.

German bank partners with Amundi for new AM offering

New service is dedicated to private clients and will provide active and passive fund investments.

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