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

Herbert Smith Freehills - Financial regulation update

FCA policy statement on prohibition of restrictive contractual clauses

Regulation puts U.K.-based money managers at risk of losing EU business

It would make sense for global equity managers to stay in London.

European markets seen mixed at open as Italy is forced to bail out two banks

The move comes two days after the European Central Bank warned that Banca Popolare di Vicenza and Veneto Banca were likely to fail.

Starling Bank passports to Europe, first stop Ireland

We’ve done it the hard work way by deciding to build it from scratch.

Typical UK bank will waste £10m annually on inefficient KYC checks as AMLD4 regulation comes into force

However, the report concludes that most eID schemes will not be ready for some time and recommends advanced mobile technology to bridge the gap.

European savings and co-operative banks join screen-scraping row

The suggestion has led to an uproar among mature fintech startups, who have lobbied hard for a reversal of the decision, claiming that the reforms will provide banks with the means to control what data is shared, putting new entrants at a disadvantage.

New Regulations on reporting payment practices are now in force

Charities required to report under the Regulations

Herbert Smith Freehills - Financial regulation update

FCA speech on improving access to insurance

French finance watchdog warns on growing private sector debt

In that context, it added that it was preparing a decision at the end of the month on a countercyclical bank capital buffer, which has been set at zero since its creation at the end of 2015.

Investment consultants and fund managers agree reporting standard

Influential advisers to pension funds back new way to publish performance data

Artificial intelligence is entering the justice system

Bad news for crooks: RAVN’s AI speeds up the document-sifting process - and is more accurate than humans

British fund houses face year of redesign in battle for public’s trust

From the sector’s point of view, the timing is pretty awful.

China doles out $100 million punishment to Russian-controlled fund for role in 2015 crash

The audit also found the company's trading was subject to a functioning risk-management system," it said.

British lawmakers hit by 'sustained' cyber attack

Britain's National Health Service was hit by a massive global ransomware worm in May which crippled the computer system and forced some hospitals to turn away patients

Luxembourg’s asset managers prepare for competition from Asia

Brexit question marks hang over the world’s second-largest domicile of funds

Revenues pass £20m at world's oldest law firm

They are all the more significant because our growth is entirely organic.

Debevoise Advises EQT in the Formation of a €420 Million European Real Estate Fund

The investments will typically range between €50 million and €200 million.

Law Firm Unveils Southamton Promotions

All three embody the spirit of Trethowans; combining unrivalled knowledge with a commitment to going the extra mile.

FCA consultation on changes to advice on pension transfers

The FCA has launched a consultation (CP17/16) on its proposed changes to advice when consumers are looking to transfer or convert safeguarded pension benefits.

Global Bank-Capital Talks Falter as Germany Hardens Dissent

U.S. Treasury Basel recommendations fed German position shift

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