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

Regulation alone will not strengthen Europe’s digital sector

The EU needs more risk-taking capital and reformed product markets

Israeli Billionaire Steinmetz Sentenced to Five Years by Romania's Top Court for Bribery

Steinmetz, along with Israeli media consultant Tal Silberstein, was given a five-year sentence, overturning a lower court decision to acquit both in 2019

The EU's Data Governance Act just part of data sharing puzzle

Companies across Europe will be hoping that EU law makers address the risk of confusion and unnecessary additional burdens that the DGA might impose when reviewing and amending the Commission's proposals.

Irish Investment Limited Partnership

The Bill introduces a number of important changes which aim to position the ILP as a leading EU fund vehicle for private equity, sustainable investments and closed-ended alternative funds.

Why You Should be Planning to make some Data-Based New Year's Resolutions…..

But with various changes and timing shifts on the immediate horizon here in Guernsey, from a business perspective now is the perfect time to be planning your new year goals and objectives from a data protection and privacy perspective.

Foreign investment: Rising Tides of Politics in Regulation – newly updated report

The new EU Regulation on FDI screening mechanisms (fully operational since 11 October 2020) is also likely to encourage those EU Member States that do not currently have their own regime (just under half of them) to introduce one.

Greek banks use Dublin to move up to €54bn of risky loans

Irish-domiciled SPVs used to accommodate Greek assets, Central Bank reveals

The CSSF Releases Updates on the Implementation of ESG Fast Track Procedure for Disclosure Updates

The sustainability risk assessment approach and related disclosures feed into UCITS prospectus

Business sentiment (IFO) rises in Germany

Consumer confidence rose, over a month, the most in 8 years following the launch of the vaccine program.

Credit Suisse professes "astonishment" at Swiss money laundering charges

Credit Suisse unreservedly rejects as meritless all allegations raised against it and is convinced that its former employee is innocent.

CaixaBank participates in EU research consortium to develop a personal data protection platform

The company seeks to protect the operations and financial transactions of customers and shareholders to ensure that they take place in the most secure environment possible, preventing external threats that can jeopardise confidentiality and privacy.

Performance Fees – Central Bank takes initial steps towards implementing ESMA’s guidelines

While the Central Bank notes that the Guidelines could be immediately adopted

EBA updates its Report on liquidity measures and confirms banks’ solid liquidity position

The Report shows that EU banks have continued to improve their LCR.

Financial firms disregarding money-laundering rules – Central Bank

Regulators send ‘Dear CEO’ letter to sector warning of more intrusive inspections

Mourant advises Highland Europe on their €700 million fourth fund raised in record time

The fund strengthens Highland Europe's strategy and will continue to use its technology expertise to build its portfolio of consumer tech brands and software companies.

Agreement on UK and EU future relationship continues to hang in the balance

For businesses that trade in goods between the UK and the EU, although careful plans have been laid

Which are the best Golden Visas to beat the Brexit roadblock

Acquiring UK citizenship will take investors between five and six years but for UK investors looking to maintain their EU status, there are some options that can provide residency or citizenship far quicker.

New guidance from Guernsey Finance will make it easier for family offices to embrace sustainable investing

Ogier has collated a series of illustrative clauses which can be implemented into a trust deed between a family and their family office.

Pair convicted of insider trading lose appeal

The FCA also said on occasions it could be shown that Abdel-Malek had inside information on screen whilst exchanging text messages with Choucair and a document relating to one of the deals was found by investigators during a search of her bedroom.

Bulgarian criminal organisation: indictment filed against organisation members and Credit Suisse

To summarise the position, Credit Suisse AG in Zurich is thus accused of failing to take all the reasonable organisational measures that were required to prevent the offence of aggravated money laundering (Art. 305bis no. 1 and 2 SCC in conjunction with A

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