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

Bank of England's Bailey: QT not to blame for banking turmoil

Treasury Select Committee

ESAs draw consumers’ attention to how rises in inflation and interest rates might affect their finances

This includes the financial products and services that consumers currently hold or plan to buy, such as loans, savings, financial investments, insurance and pensions.

EU Customs Reform: A data-driven vision for a simpler, smarter and safer Customs Union

At the same time, customs authorities will have the tools and resources they need to properly assess and stop imports which pose real risks to the EU, its citizens and its economy.

FCA issues warning notice to three DFM employees

The FCA said a business model was set up in order to maximise the flow of retail customer funds for onward investment into high-risk illiquid bonds operated by connected people and business associates.

FCA says it wants the UK to become ‘hostile environment’ for fraudsters at PIMFA’s Financial Crime Conference

Mr Hulme said the FCA was planning to do more in the coming years however with a new dedicated function within the regulator designed to proactively identify fraud and money laundering in the industry.

Bermuda: Are you PIPA ready?

PIPA outlines the requirements for individuals and organisations that use personal information, as well as the rights that individuals have regarding the use of their personal information.

Bank of England reportedly plans to reject Revolut’s banking licence bid

Could Revolut’s saga to win a UK bank licence be coming to an end?

Deutsche Bank to pay $75 mln to settle Jeffrey Epstein accusers’ suit

The suit was filed last year in New York by an anonymous woman on behalf of herself and other accusers, alleging Deutsche Bank did business with Epstein for five years knowing he was engaged in sex-trafficking activity, the report said.

Help is available for those who need it, says FCA

The FCA has repeatedly reminded firms of the importance of supporting their customers and working with them to solve problems with payment

FCA secures £130,000 to return to investors

The FCA has recovered approximately £27,000 after Samuel Exall, Synergy’s Director, was ordered to sell assets.

Credit Suisse AT1 bondholders force Swiss regulator to hand over wipeout decree - reports

Firmer foothold for wipeout contest

EU and UK eye closer financial services regulatory cooperation with Brexit agreement

Memorandum of understanding

France Issues Arrest Warrant Against Lebanese Central Bank Governor

Salame has reportedly called the arrest warrant a "violation of the law" that he would appeal.

FCA has a 'once-in-a-generation opportunity' in SDR

Building a 'truly cohesive' framework

How changes to drawdown rules in Malta impact clients

They will ‘bring more certainty to the industry going forward’

Meeting the challenge in our changing global markets

An attempt to replace coins with paper currency was derailed after the then head of the Currency Bureau had his own face printed on the notes.

UBS filed an amended Form F-4 registration statement with the SEC

The unaudited pro forma condensed combined financial information is presented for illustrative purposes only

Federal Council approves Switzerland's contribution to International Monetary Fund's Resilience and Sustainability Trust

The RST enables IMF loans to be granted for macroeconomic reforms

FCA report shows huge rise in people struggling with their bills

The FCA has been working to remind lenders of the necessity of supporting their customers

ECB sanctions Goldman Sachs Bank Europe for misreporting capital needs

This occurred because the bank misclassified corporate exposures and applied a lower risk-weight to them than what banking rules prescribe.

Legal, Regulation & Compliance