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

Private Client and Trusts team shortlisted for two STEP awards

The STEP Private Client Awards are seen as the hallmark of quality within the private client industry.

Federal Council confirms implementation of final Basel III standard with effect from 1 January 2025

The Federal Council took note of the most recent developments.

Killik & Co accused of ‘unethical’ behaviour after bypassing adviser

They kept saying ‘this is unethical, they shouldn’t be doing this?

FCA regulatory updates 2024: what’s happened so far?

IQ-EQ has compliance consulting teams based in the U.S., UK, Hong Kong and Singapore as well as the Middle East, Continental Europe and Japan.

FCA takes action against three individuals from SVS Securities for mistreatment of pension funds

The FCA has decided to ban and fine 3 individuals who were involved in running SVS Securities Plc (SVS), a discretionary fund manager.

Pension fund administrator obtains Finma approval

Pekam offers specialised services for pension funds that outsource their administrative tasks

St James’s Place under scrutiny: what do its customers say?

New regulations introduced last summer

IHT receipts surge 16.6% amid UK election manifesto pledges

OBR’s forecast paints IHT as an increasingly lucrative source of income for the government

Citigroup fined $14mln in Germany for regulatory lapses

The fine was announced by German regulator BaFin on Thursday and targeted at Citigroup Global Markets Europe AG

Profitability of EU banks remains resilient although the sector is confronted with materialising credit risks

EU/EEA’s banks continue to benefit from wide interest margins improving further their profitability and capital position.

Euro Banking Association publishes paper on navigating the path to embedded finance

The key objectives of the report are to spark, structure and inform a discussion about how financial institutions will likely be affected by the embedded finance trend and what a collaborative approach in this area could look like.

Monetary policy assessment of 20 June 2024

Swiss National Bank eases monetary policy and lowers SNB policy rate to 1.25%

Bank crisis management and deposit insurance framework: Council agrees on its position

With this agreement, the Council is ready to engage in negotiations with the European Parliament on the final shape of the legislation.

HSBC Switzerland violates money laundering guidelines

Regulating money laundering was broken by HSBC Switzerland.

EU to delay core element of Basel bank capital reforms by one year

Countries are introducing the last batch of a global bank capital accord known as Basel III, rolled out after taxpayers were forced to bail out lenders in the global financial crisis of 2007-09.

Annual compliance filing requirements for a Dutch BV

The statutory deadline to file is within 12 months after the financial year-end.

Firm fails with FSCS over inadequate pension advice

The firm has also been trading under the name Manning Gee Investments.

Pensioner awarded £77k from DWP after adviser spots error

Mrs B had worked for her husband's company and was paid a low wage for NI purposes.

We’ve seen great strives in embedding DEI – but there is work to be done

Comes ahead of PIMFA’s fourth annual Diversity and Inclusion Awards

FSCS awards claims contract to PwC

This comes after the FSCS placed Foreign Currency Innovations Ltd under investigation last week.

1
2
3
…
50
51
52
53
54
55
56
57
58
59
60
…
1039
1040
1041

Legal, Regulation & Compliance