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

Switzerland and Italy seek better coordination over Europe

Relations between the two nations currently centre on cross-border issues, trade and ties with the European Union.

Germany’s Central Bank's plan to raise retirement age to 69 sparks anger

While Germany’s Central Bank plans to raise the retirement age by two years to counteract the effect of the aging population, Chancellor Angela Merkel’s spokesman says government will ‘stand by retirement at 67’

MiFID II – delegated regulations - Herbert Smith Freehills

The European Commission has published a delegated regulation supplementing the recast Markets in Financial Instruments Regulation (MiFIR II). It contains regulatory technical standards (RTS) for the reporting of transactions to competent authorities.

Offshore trusts have stake in 200 PFI schools

Labour has called for a debate

European Commission recognises quality of Jersey’s auditor oversight regime

The European Commission confirmed that it was satisfied with the JFSC’s information confidentiality provisions in relation to auditors in its recently published legislation, referred to as an Adequacy Decision.

Ogier advises on launch of AEW Value Investors Asia II Fund

Investors in the fund are primarily public and corporate pension plans and insurance companies based in both the US and Europe.

Carey Olsen advises Mercer Real Estate Partners on £235 million real estate fund

Mercer was established in 2010 to efficiently capitalise on UK property market distortions across a range of investment types.

Jersey begins sweeping review and revamp of funds regulation - Appleby

In the first step of a radical overhaul and rationalisation programme for Jersey fund regulation, on 1 August 2016 the Jersey Financial Services Commission (JFSC) and the States of Jersey (Government) issued a joint consultation on proposals for substanti

Too big to fail still too big a problem for banks

The guidance has been drafted based on responses to a consultation which was launched last November.

Review of the client money rules for insurance intermediaries - FCA

Since the consultation was published, the FCA has been working very closely with the industry, including trade bodies.

Mourant Ozannes advises longstanding client

Mourant Ozannes' corporate team is a leading practice known for acting on the most complex and demanding transactions, with a particularly strong reputation for corporate finance, mergers and acquisitions and private equity.

CPMI-Iosco issue UPI consultative report

The report responds to the G20’s agreement in 2009 that all OTC derivatives contracts would be reported to TRs, as part of the G20’s

Five partners quit Irwin Mitchell's London real estate team including four joining Dentons

Dentons recruits four-partner City real estate team comprising former SJ Berwin partners

Swap Use Probed in Sweden as Nordea Finalizes $9.5 Billion Deal

Nordea plans to transfer the credit risk on 8.4 billion euros ($9.5 billion) of corporate loans to investors

London Stock Exchange merger now heads to the regulators as Deutsche Boerse seals investor support

We will now focus on achieving the necessary regulatory and anti-trust approvals.

Steve Meiklejohn keynote speech at Jersey Finance's Annual Private Wealth Conference 2016

Steve Meiklejohn, Partner, Ogier, presented a keynote speech at Jersey Finance's Annual Private Wealth Conference on Wednesday 27 April 2016.

Regulator fines professional trustee £6k

TPR stated it had applied the full fine to PTL because it was a professional trustee, and there were no mitigating circumstances.

Cyprus offers Thai investors EU citizenship

Competitive deals over its EU counterparts include lower capital-gains tax and lower minimum capital

City lawyer who rowed for England 'lifted woman's skirt to slap her bottom and tipped beer over her as he called her an 'Australian slut'

He previously worked for Coutts private bank.

HMRC plans tougher penalties for accountants and advisers who help clients dodge taxes

Accountants and advisers could be liable to pay a fine of up to 100% of the tax their clients underpaid.

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