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

Dynamic Planner hits £100bn milestone as Consumer Duty turns two

This reflects how advice firms are embracing technology to meet Consumer Duty requirements.

FCA helps unlock market access for UK and Swiss firms

This will help reduce regulatory barriers and boost the international competitiveness of UK financial markets.

PS9/25 – Changes to the UK ISPV regulatory framework

The PRA will continue to work with HM Treasury (HMT) on further reforms to ensure that the regulatory and legislative frameworks are aligned to enable an internationally competitive sector whilst advancing the PRA’s objectives.

ECB halts the rate cuts as it awaits US trade certainty

This is the first time in over a year that the central bank has chosen not to cut rates, but it is likely a pause rather than an abrupt halt given the economic circumstances going on right now.

FCA helps people navigate their financial lives with simplified mortgage rules

The package of measures is part of a series of reforms the FCA is undertaking to mortgage rules to help people navigate their financial lives.

General regulatory update – FCA finalised guidance for PEPs, Ancillary Activities Exemption and Assessments of Value

The FCA had reviewed its 2017 guidance in 2024, and found that it was mostly still appropriate but needed some small amendments.

Government reboots Pensions Commission as experts air concerns

The Pensions Commission first ran from 2002 to 2006.

UK borrowing soars just as bond markets crave fiscal stability

Welfare reform was heavily watered down, while winter fuel payments have been reinstated for millions.

Government revives landmark Pensions Commission to confront retirement crisis that risks tomorrow’s pensioners being poorer than today’s

The Commission of 2006 was a huge success, building a consensus for the roll-out of Automatic Enrolment into pension saving that means 88% of eligible employees are now saving, up from 55% in 2012.

Pension Commission must be ‘bold’ to be successful

The reintroduction of the commission was welcomed by the industry with many urging it to be “brave” in addressing pension under saving.

Bank of England Warns of Dollar Liquidity Shock

Financial Instability Heightens Due to Trump; EU, Switzerland, and UK Assess Dollar Risks

Protections to help Buy Now Pay Later borrowers navigate their financial lives

The rules would take effect when BNPL comes under the FCA's remit in 2026.

The PRA’s approach to waivers and permissions under Own Funds (CRR) Part

This SoP is relevant to banks, building societies, PRA-designated investment firms and PRA-approved, or PRA-designated, financial or mixed financial holding companies.

Spain violated EU rules by meddling in banking merger, says Brussels

Warning comes as European Commission pushes for more bank mergers to boost European financial sector’s fire power.

Mansion house speech – uk government's campaign for growth

The government revealed its plans to encourage economic growth by promoting investing to the UK population and loosen banking regulation.

FCA fines Barclays £42 million for poor handling of financial crime risks

In the first case, Barclays Bank UK PLC failed to check it had gathered sufficient information to understand the money laundering risk, before opening a client money account for WealthTek.

Getting liquidity where it is needed − speech by Nathanaël Benjamin

Given at OMFIF Economic and Monetary Policy Institute

Ashurst advises Alpaca on acquisition of UK-based wealth management platform WealthKernel

This strategic acquisition will bring WealthKernel’s UK and EU licensed brokerage infrastructure to Alpaca, supporting their rapid global expansion to achieve its mission of opening financial services to everyone on the planet.

Seven crypto ATMs seized and two arrested on suspicion of running illegal cryptoasset exchange

During the search, seven crypto ATMs were also found and seized by the FCA.

Signa proceedings: Charges against René Benko for fraudulent bankruptcy

Charges of fraudulent bankruptcy on facts from the insolvency proceedings of René Benko

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