Managers of Wealth Europe

London Stock Exchange lists QIIB’s $300m Sukuk

The issue was priced at fixed rate of 4.875 percent p.a, and this is the lowest pricing ever of this AT1 from the GCC.

Better information exchange would improve supervision of anti-money laundering

It said the exchange of information should not duplicate efforts or impair either supervisor’s independence.

European insurance regulators ramp up focus on climate change

The European Insurance and Occupational Pensions Authority (EIOPA) will focus its regulatory efforts in the coming years on climate-related risks

EU must overhaul pensions; fees to blame

With government pensions on the decline, and occupational ones covering only a minority of citizens and pension needs, public authorities are asking EU citizens to save more and earlier for retirement.

EU adopts framework for sanctions on Turkey

This decision is a direct follow-up to the Council conclusions of 14 October 2019

Private debt fund growth continues

The authorities are also facilitating in ways that promote and ease access to this type of financing

How America's oldest bank became a money laundering hub for post-Soviet Russia

Soviet banks were handled by a Russian aristocrat from the highest echelons of tsarist society

Competition Authority probes FNZ / GBST merger

This date is the current statutory deadline by when the decision will be announced.

Ex CEO paid wife out of salary to avoid tax

Mr Forsyth has referred the Decision Notices to the Upper Tribunal where the parties will present their respective cases.

Open Finance: an opportunity for financial services by Sheldon Mills, FCA

Your input will be crucial in helping us understand how we can best contribute to the wider project

FNZ / GBST merger inquiry

The CMA is investigating the completed acquisition of GBST Holdings Limited by FNZ (Australia) Bidco Pty Ltd.

Gardai join hunt for the missing OneCoin billions

The bureau may launch its own investigation into the sale of OneCoin, which falsely claims to be a digital currency similar to Bitcoin

The regulatory agenda moves on

Regulators may need to consider changing from supervising entities to supervising activities

Investment Association updates Principles of Remuneration for 2020

The updated principles recommend that remuneration committees be given discretion to cap vesting at a specific monetary value.

German Parliament passes anti-money-laundering laws

Anti-corruption group Transparency International found that about €30 billion in illicit funds were funneled into German real estate in 2017.

BorsadelCredito.it teams up with French neobank Qonto to support SMEs in Italy

The agreement aims at responding to these specific needs in terms of daily financial activities and access to credit, offering through digital services more flexibility, customisation, and higher speed than that provided by the traditional banking system.

Legal, Regulation & Compliance