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

Court of Appeal upholds NCA’s use of unexplained wealth orders

The court dismissed an appeal brought by Zamira Hajiyeva, the wife of an Azerbaijani banker

When Possession Really is Nine Tenths of the Law...

It is therefore important for people who deal with property to understand how adverse possession works - and if you own land, how to avoid losing it.

ESG has Moved up the Pension Trustee Agenda –Are you Ready?

This is the first of a series of ESG-focused Insights to be published by our ESG Working Group.

Advice firms leave Sanlam after £20k fee notice

He said eight of the 30 had decided to leave the network while the remaining 22 were looking at ways they can work with Sanlam to try and reduce their fees through aligning more with the network’s processes.

One Million ePayments Accounts Frozen on FCA Orders, AML Concerns

Anti-money laundering concerns strike another business dealing with crypto

Barclays boss Jes Staley's links to Jeffrey Epstein investigated

Bank board says it has full confidence in CEO as UK financial watchdog looks at ties to disgraced financier

Harwood drops Frenkel Topping bid

Under City rules Harwood Capital, which is run by veteran investor Christopher Mills, is now barred from bidding for the advice firm for six months, unless special circumstances allow.

Cyprus, Portugal among states rebuked by EU over delays in money-laundering reforms

EU governments and lawmakers agreed on the new rules three years ago and then formally adopted them in 2018

MONEYVAL experts say Gibraltar must do more to combat money laundering and terrorism financing

Their report outlined numerous case studies of international cooperation with other countries in investigations ranging from terrorism to money laundering and organised crime.

European Commission speech on ECB annual report

We will also establish an EU Green Bond Standard and explore how it can increase public and private finance for sustainable investments.

Stepdaughter of a 'hedge fund genius' accused of running a Ponzi scheme flew to Sydney by private jet to get a top-notch boob job allegedly using investors' money, court told

Family allegedly used money from Goldsky hedge fund to fly on a private jet

EU leaves euro zone growth forecast unchanged for this year and next

Inflation is likely to accelerate slightly, the Commission said, because of the likelihood of higher oil prices and the effect of higher wages passing through to core prices.

FNZ all set to acquire IPSI for European business boost

Bringing together IPSI’s solutions and FNZ’s core technology and global client relationships will allow us to capitalise on the opportunities we see in the market.”

Financial sector targeted in HMRC's crackdown on tax evaders

The investigations and cases under review cover UK businesses of all sizes and operating across 10 different sectors including financial services, oil, construction, labour provision and software development.

Javid seeks 'equivalence' for financial services in EU talks as Gove warns of border checks

Cabinet member Michael Gove has told businesses to prepare for checks at the UK border from January next year, as frictionless trade with the EU comes to an end.

Govt passes FSCS levy concerns back to regulator

"The government has no role in setting the levy."

EBA puts forward concrete proposals to improve the current DGSD legal framework

The third Opinion recommends clarifying what funds count towards DGS’s available financial means and the use of DGS funds for failure prevention.

CySEC issues announcement on Brexit

The United Kingdom, as a third country in relation to the EU, will not participate in any way in the European bodies and decision making processes of the EU.

Cyprus 'golden passports' scheme a laundering risk, says watchdog

Under the program, a minimum 2 million euro ($2.18 million) investment can get a passport and instant visa-free travel throughout the European Union, of which Cyprus is a member.

Russia to tap 'rainy day fund' to buy central bank's stake in Sberbank

Two sources close to the deal told Reuters that Sberbank’s stake is estimated to cost around 2.45 trillion roubles ($39 billion), below the market value of 2.8 trillion roubles based on Refinitiv Eikon data on Tuesday.

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