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

Phishing Attacks Exploit New Online Security Checks in EU, UK

To capitalize on this trend, attackers are targeting banking customers with fraudulent SCA messages.

Christine Lagarde urges ‘greening’ of EU monetary policy

She was appearing before a packed meeting of Parliament’s Committee on Economic and Monetary Affairs which subsequently backed her nomination.

FCA new webpage on the transition from LIBOR

SONIA offers a robust alternative to LIBOR.

Stress tests and the countercyclical capital buffer: the U.K. experience

Speech given by Donald Kohn, Member of the Financial Policy Committee

EBA Chair Calls for More EU Action on Money Laundering

“A move from a directive to a regulation-based framework would help address such divergences and is arguably a perquisite to more centralisation, if so desired,” he told MEPs.

Money-laundering scandals spark new risk retrenchment

As Europe’s financial conduct authorities get tougher, banks will be even less likely to support trade between the EU and states that are small and poor.

$11 Billion German Tax Scandal Probed by EU Bank Watchdog

The London-based regulator is coordinating its efforts with the European Union’s markets watchdog ESMA.

Firm fined for REMIT breach

Ofgem launched an investigation which found that EGM had engaged in a type of market manipulation called ‘spoofing’ over a three month period between June and August 2016.

U.S. congressional probe finds possible lapses in Deutsche Bank controls - sources

The House of Representatives Financial Services Committee declined to comment.

ESMA publishes stress simulation framework for investment funds

The resilience of the fund sector is of growing importance as it accounts for an increasing part of the EU financial system.

CSSF’s eDesk portal available for the mandatory notification in the context of Brexit

Any date indicated in the Brexit Notification forms is based on the assumption of a no-deal Brexit occurring on 31 October 2019.

Shoosmiths extends Scottish footprint with opening of Glasgow hub

The hub is based within the Spaces development on West Regent Street in Glasgow city centre.

Maltese financial services firms face potential fee hike

As regulator looks to reduce its dependence on government funding

Deutsche Bank CEO Sewing calls on German gov't to increase investment

Sewing also criticized the policy of the European Central Bank and warned that "in the long run, these low interest rates will ruin the financial system."

Pioneer Award: Banque de France

During its first few years of operation, Le Lab has collaborated closely with several firms, including start-ups and big tech companies, to test new ideas and solutions.

British bankers on trial in Germany charged with €447m fraud

UK pair accused of defrauding German state through ‘cum-ex’ share trading scheme

Financial services firms in Malta to be put on notice

As regulator looks to mimic the UK’s financial crime agency

Christie’s expert hunts for stolen millions in lawsuit against Bank of Valletta

International art expert holds BOV responsible for lack of due diligence after stolen milllions passed through companies set up by auditor Joe Sammut in alleged ‘Gaddafi’ ruse

Luxembourg regulator issues Brexit notification to UK firms

Following the 15 September deadline, firms authorised under both Ucits and AIFM will then have until 31 October 2019 to submit to the CSSF either the corresponding application for authorisation, the corresponding notification or information or any action

Ireland's transfer pricing rules feedback statement

All changes could apply for periods beginning on or after 1 Jan 2020

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