- Managers of Wealth - Europe -Wealth, private banking and asset management news and opinion

Ex-rugby star turned private banker accused of stealing €578,000

He was released on bail of his own bond of €10,000 and agreed to surrender his passport

Central Bank of Ireland Review Identifies Market Abuse Deficiencies

In July 2021, the CBI issued a Dear CEO Letter (the "Letter") setting out its findings and expectations arising from the review.

Stricter rules on pay for UK asset managers – are you ready?

The new code’s requirements will have a material impact on all firms from 1 January 2022.

Ten years on: Impact of GFC is still being felt in asset management industry

Fewer firms than in 2010

Guidance for approval of senior pay

How senior pay and reward packages are approved.

Giovannelli e Associati with Objectway on the cross-border acquisition of Die Software

Our team, composed by partners Matteo Delucchi and Eugenio Romita, senior associate Antonello Lops and associate Lorenzo Mazzocconi, advised the purchaser on the SPA, the SHA, the related Italian corporate matters as well as on the tax structuring of the

IA publishes Guidance on FCA’s Guiding Principles on ESG and Sustainable Investment Funds

The purpose of the IA’s guidance is to help members implement the Guiding Principles and ensure more consistent customer communications.

Advisers warned over compliance as HMRC writes to non-doms

Ashford added that in the past five years HMRC has heightened its focus on cracking down on so-called ‘enablers’.

Expats rush for Portugal golden visa deadline as EC prioritises end of Malta revised scheme

The recent changes in both these arrangements could be said to be aimed at placating these dissenting voices in some small way.

FCA provides update on LIBOR transition

The focus since then has been on reducing the existing stock of LIBOR contracts.

Financial Regulation: Daily Update

The European Court of Auditors (ECA) has published a report on sustainable finance that calls for more consistent EU action to direct finance towards sustainable investment.

OPBAS publishes report on progress

PBAS expects PBSs to continue investing and improving, focusing their supervisory efforts to have the greatest impact on the prevention of money laundering, and working with other authorities to make the UK an inhospitable place for criminals.

Law that creates work-from-home right for UK employees to be confirmed on Thursday

This will allow anyone to make a request from the start of their job, with the move aimed at enabling women, disabled people and carers to balance their work and life commitments.

Regulators not up to speed on banks' digital marketplaces, EU watchdog says

Finance and tech companies are coming closer together as banks set up digital marketplaces for products

Financial Regulation: Daily Update

The findings set out in the report will inform the EBA’s contribution to the joint European Supervisory Authorities (ESAs) response to the European Commission’s (EC) February 2021 Call for Advice on digital finance, which will be published in

New EU AML package – an in-depth look at the role of the Anti-Money Laundering Authority

The AMLA is intended to be operational by 2024, with work on direct supervision beginning in 2026.

Darlington Law Firm Awarded Top Status in Prestigious Guide for Fifth Time

The guide is used by family offices and professional advisers as a key reference point for private wealth management work and related specialisms.

Financial Regulation: Daily Update

In the response, Mr Glen states that HMG is considering the recommendations made by the TSC in its report of 6 July 2021, and that HMG will bring forward detailed proposals in a second consultation in the autumn.

Sovereign Wealth Funds: a detailed analysis of transnational regulation and dispute resolution

SWFs are located worldwide. The 20 largest SWFs (as at 22 August 2021) are spread across the Middle East, Asia, Europe, North America and Australia.

FCA bans financial adviser convicted for grooming

The FCA has banned director Jon Frensham (formerly known as Jonathan James Hunt) from performing any regulated activity.

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