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

Man Utd and Liverpool stars face £250m film scheme tax bills

A Liverpool player is also believed to have put forward £10.4 million to avoid taxes on his salary.

Bank Of England To Issue More Cybersecurity Guidelines For UK Banks

Nowhere in the world is there an overarching prudential standard for operational resilience.

Canara Bank to shut three branches in Leicester, Bahrain and Shanghai

Rakesh Sharma, bank's managing director and chief executive officer, told Business Standard that the board of directors had given a nod for overseas branch rationalisation plan

Jersey Finance urges sensible debate ahead of 2018 Elections

As the representative body of the finance industry, Jersey Finance is asking those participating in the election process to consider its views and has published a document entitled ‘Working Together for a Better Future’, to highlight its visio

UK issues guidelines for cryptocurrency derivatives

The MFID 2 is one of many reforms implemented by the European Union in January.

Smart technology can ease GDPR compliance, says Compendor founder

The regulation will protect EU residents from a range of potentially abusive, manipulative and unsafe uses of their data, which means that companies may be caught out unless they update their practices radically

Bedell Cristin advises on King's Cross sale

The property comprises 250,000 square feet spread across 30 buildings, including nearly 200,000 square feet of offices, historic warehouses and retail space, adjacent to King’s Cross station.

FCA publishes its Business Plan for 2018/19

The Financial Conduct Authority has today published its Business Plan for 2018/19 which sets out the key priorities for the coming year.

SFO closes Stirling Mortimer Global Property Fund PCC investigation

The Director of the SFO accepted this case for investigation in December 2012.

Too much investor cash is being leaked away

The frictional cost of trading is a thorny issue that must be addressed

Spain releases HSBC leaker Herve Falciani but he cannot leave Spain

The police must monitor the house that Falciani chooses to live in Spain on a daily basis and any trip or departure from the town where he lives must be allowed by the judicial authority.

Code of Conduct for Indirect Access Providers

The Code Administrator is responsible for administrating all aspects of the Code and this role is currently managed via the NPSO.

Pilatus auditor KPMG says it acted professionally in dealings with private bank

Audit firm whose partner also attended Pilatus chairman’s wedding says it has acted professionally and ethically

IOSCO issues recommendations to improve regulatory reporting and transparency in corporate bond markets

In addition, it recommends regulatory authorities should have clearer regulatory reporting and transparency frameworks to facilitate better crossborder understanding of corporate bond markets.

The Dutch government ponders “golden boy liability” clause for finance executives

However, the controversy continues with the ASR insurance company proposing on Tuesday a 35% pay rise for its management.

Comment: The EU and the ‘new 21st century colonialism’

In the light of FATCA – the US’s legislation aimed at forcing all US citizens to declare their assets to the IRS

Jersey’s FSC consults on regulating defined benefit transfer advice

Such advice will constitute investment business for the purposes of FSJL, and will be subject to regulation by the JFSC.

Swiss bank whistleblower arrested in Spain

Falciani was arrested on Tuesday close to the Universidad Pontificia de Madrid where he was due to speak on "When telling the truth is heroic".

Future UK-EU relationship report published

The European Council adopted its guidelines for the forthcoming negotiations in March.

ESMA publishes final guidelines in settlement under CSDR

ESMA explained that these entities need to report these transactions to national competent authorities, starting on 12 July 2019.

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