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

Finance sector warned of Islamic State dangers

He told the JEP that Islamic State had grown so sophisticated and wealthy that their finances have to pass through the regulated sector.

Libor fraudster claims SFO director misled MPs

The description of his behaviour was not the case put before jurors.

EU Securities Watchdog Clarifies Internalizer Rules Deadline

Brokers now have until September 2018 to comply with the European Securities and Markets Authority’s so-called systematic internalizer regime.

Designated NCAs under the Benchmarks Regulation

ESMA has published a table listing the National Competent Authorities (NCAs) which have been designated under Article 40 of the Benchmarks Regulation.

Debevoise Advises KEEN Venture Partners as it Announces €90 Million First Close of New Fund

The Fund will seek to provide early growth capital for technology companies with breakaway momentum across Europe, with a particular focus on innovation hubs in the UK, Netherlands, Sweden and Germany.

Financial Conduct Authority unveils successful sandbox firms on the second anniversary of Project Innovate

The Financial Conduct Authority today marks the second anniversary of Project Innovate by announcing the firms that were successful in their applications to begin testing in the first cohort of the regulatory sandbox.

Statement on the Financial Conduct Authority’s review of Royal Bank of Scotland’s treatment of customers referred to its Global Restructuring Group

This statement provides an update on the Financial Conduct Authority’sreview of Royal Bank of Scotland’s treatment of small and medium enterprise customers in financial difficulty.

Ashley Fife To Participate In Forums In Italy

The forum continues to develop their prestige by growing their international program.

Time for senior managers to roll up their sleeves over UK legal reforms to tax evasion laws - Ogier

Partner Nick Williams says that the new strict liability offence, which targets companies and partnerships that do not have reasonable procedures to stop employees and other people associated with the business from assisting underlying tax evasion

Tougher 'dark pool' rules trigger race for alternative venues

The reform they aim to cater for is part of MiFID II, the second Markets in Financial Instruments Directive.

Investors facing new tax hit

It remains to be seen if the pricing of, or demand for loan portfolios including Project Gem and Project Tolka.

Watchdog to hire bankers to review Williams & Glyn sell-off attempt

Prudential Regulation Authority is hiring investment bankers to help examine the potential deal

FCA reveals first 24 firms in regulatory sandbox

The regulator revealed that a wide range of online applications made up the first cohort

EU money laundering directive will see review of PSC register rules

The government estimates that the new Directive will cost around £27m for businesses to implement due to additional compliance requirements.

Ferrari and FCA Bank Finalized Agreement to Provide Financial Services in Europe

This transaction will expand FCAB activities and is consistent with its diversification strategy.

Corrected: HSBC should stand trial in tax fraud case: French prosecutor

The banking giant was accused of failing in its supervisory role over its private banking division

NFA orders commodity pool operator and commodity trading advisor The Cambridge Strategy Asset Management Limited to pay $60,000 fine

In December 2014, the BCC issued its first Decision against Cambridge

Legal, Regulation & Compliance