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

Getting tough on money laundering

It is they, not their detractors, who have contributed to Malta’s image as an Eldorado for money launderers that the country is now constrained to fight.

Regulator steps in on ABLV bank, 470 million euro payout looms

The fate of ABLV bank looked sealed February 24 with Latvia's financial regulator the Financial and Capital Market Commission (FKTK) announcing a "decision on unavailability of deposits" at the bank that will force the bank to pay off depos

Government Response to the Commission on Dormant Assets' Report

The government's response to the Commission on Dormant Assets' report.

Legal framework introduced for blockchain activities, technology incentives expanded

The decree legalizes blockchain-based business activities and provides legal definitions for cryptocurrencies and other tokens.

Generali to cut coal investments in new climate change strategy

Generali’s move adds to the recent trend of asset managers and wealth funds cutting back on carbon-related investments as policy makers step up efforts to address environmental concerns.

Rebalancing the ledger by Collas Crill

High Court decision upholds privilege for internal investigation documents

Collas Crill Acts In £62 Million Agreement

Berwin Leighton Paisner acted as lead counsel in the UK.

Digital currencies inquiry launched

It will examine the potential impact of distributed ledger technology – such as blockchain – on financial institutions, including the central bank, and financial infrastructure.

Ogier advises on US$72 million sale of silver mine for long-standing client

Closing of the sale is subject to a number of conditions, including receipt of Russian regulatory approval and is expected to occur during the first quarter of 2018.

FCA calls for help embracing regtech

The Financial Conduct Authority has today announced that it is seeking views on how technology can make it easier for firms to meet their regulatory reporting requirements and improve the quality of the information they provide.

FCA receives more than 1,500 MiFID II queries in six months

FOI from Professional Adviser

FCA calls for help embracing regtech

To aid regulatory reporting

FCA and US CFTC ink FinTech innovation deal

The Financial Conduct Authority and the US Commodity Futures Trading Commission (CFTC) have today signed an arrangement that commits the regulators to collaborating and supporting innovative firms through each other’s financial technology initiative

CBL Insurance Europe dac ceases writing new business

CBL Insurance Europe dac is an insurance firm authorised and regulated by the Central Bank of Ireland. It operates in the UK on a freedom of services basis.

Basel Committee on Banking Supervision

Sound Practices Implications of fintech developments for banks and bank supervisors

Crypto Divorce – what to do if you think your spouse is hiding Bitcoin and other cryptocurrencies from you

Whilst cryptocurrencies and the blockchains they use are not an entirely anonymous system, they are unregulated and the identity of the user is hard to trace.

Germany's Oldest Bank Is Pushing Into U.S., Hiring 20 Analysts

The goal is to increase the number of U.S. equities analyzed from 100 to 300 within two years.

Global regulators neutral on new rules for 'hyped' fintech

Analysts have said banks could become irrelevant as fintech firms become the “face” of financial services, a scenario Basel said seems far-fetched.

Bond star Hasenstab to manage new emerging local currency bond fund

Emerging market local debt has returned 4.4 percent since the start of the year, making it one of the best performing asset classes.

FCA meets with asset managers over new cost disclosure rules

As Mifid II rules around fee disclosure take effect, research found some fund managers’ costs have been shown to increase at least two times beyond the ongoing charges figure.

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