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

Herbert Smith Freehills - Financial regulation update

FCA consultation on CASS 7A and the SAR review

Gibraltar ups due diligence for stock exchange approval

Due diligence and commercial due diligence remain compulsory elements of listing or joining the GSX.

Charles Stanley broker jailed over £1.2m Ponzi scheme

I accept you are now full of remorse for the victims and your family.

Kazakh cenbank says merger talks begin between Halyk and KKB

Oleg Smolyakov, central bank deputy chairman, said in a statement the banks should get the regulator's approval prior to the deal.

Asset managers starting to fret over Mifid II impact on research

The refreshed regulations due to take effect from January 2018 aim to increase transparency and unbundle research fees from trade execution fees.

Italy’s Generali buys 3% of Italian bank Intesa in defensive move

According to Italy's cross-shareholding regulations, a company cannot hold more than 3 percent of another entity's voting rights if the latter already has a stake of more than 3 percent in that company.

AJ Bell boss urges return of cash rebates in industry talks with FCA

He also believes the FCA’s interim report on the asset management market.

Appleby assists in £115 million UK property deal

The properties acquired are in Greater Manchester, Peterborough, Maidstone, Leicester and Banbury

Private equity firm backs Halesowen insurance firm's management buy-out

Tim Smallbone and Jonathan Ma will join MyPolicy's board on completion of the deal.

Pension scheme operators are at risk from smarter scams

We want firms to be aware of the current threats and encourage them to review the effectiveness of their systems and controls.

Advising on pension transfers – our expectations

Transferring pension benefits is usually irreversible.

108,000 Expats Have A QROPS, So Why Haven’t You?

QROPS rules can facilitate this with the help of an estate planning lawyer.

Northern Trust: Asset Owners are Caught in a "Liquidity Conundrum"

Northern Trust's white paper, which details the challenges and unintended consequences from a number of regulations and profiles the impact of market uncertainty and a difficult macro-economic environment for cash investors, also calls for action.

Royal Bank of Scotland Rights Issue Litigation

The Court also refused to treat the interview notes as working papers of the lawyers.

EU watchdog tells FS firms to focus on blockchain security risks

A World Economic Forum report reveals that over one billion euros are invested in blockchain technology startups.

Walkers Advises Listed Bank on the Launch of New Private Equity Fund

The fund will focus on private equity investments aimed on high growth technology companies in Russia and elsewhere.

Greece-US deal on tax compliance and foreign bank accounts

Finance Minister Euclid Tsakalotos and U.S. Ambassador to Greece Geoffrey Pyatt signed on Thursday a bilateral agreement to improve international tax compliance and the implementation of the law on Foreign Account Tax Compliance Act

Broker note for troubled IFA at odds with FCA notice

Earlier this month, Cheltenham-based Bank House was told by the FCA it must not carry out any regulated activity after it failed to comply with earlier voluntary restrictions to stop Sipp switches.

State-backed British bank rebuffs government push to boost Iran trade: sources

In recent months British officials have sought to boost business ties with Iran

Investors win first trial of class action suit against Deutsche Bank

The investment product was linked to the performance of underlying shares of KB Kookmin Bank and Samsung Electronics.

Legal, Regulation & Compliance