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

Offshore Compliance and Regulatory News: Sanctions by Ogier

Nicola Roberts reports on the current Russian Sanctions, their applicability in Jersey and the importance of remaining vigilant.

JHC welcomes more time for industry to implement MiFID II

With the finalised text not now due until much later in 2016, the delay will give the industry more time to implement it properly.

King & Spalding repaid $800,000 fees to 'Putin's banker'

The sentencing judgements handed down by Ms Justice Rose have shown that law firm King & Spalding 'repaid' $800,000 worth of fees from Mr Pugachev that were found to be in contempt of a $2bn global freezing order brokered in 2014 by Hogan Lo

We will not hesitate to act: Draghi

Hints of more easing from Draghi on Monday pushed the euro lower.

Dentons hires Pinsent Masons private equity specialist

Private equity and M&A partner Levy joins team that includes ex- Clyde & Co and BLP partners

June deadline for Cayman EU funds passport

This timeframe was confirmed by Garth Ebanks, Deputy Head of CIMA’s Investments and Securities Division, at the Cayman Alternative Investment Summit (CAIS) earlier this month

Italy's mini-bond rules may be adapted to Islamic finance

Islamic finance has made only marginal inroads in continental Europe, partly because of a lack of a benign tax environment for its asset-based transactions

Law Society ups the stakes in debate over single legal regulator

Ahead of a government review, the Law Society has called for a single legal services regulator to protect consumers and ensure market confidence in solicitors .

Legal complications to dull funds' appetite for new Russian bonds

Even if a bond deal were workable, the sanctions concern could raise Moscow's cost of borrowing.

Bank of England issues consultation on Shari’a compliant central bank liquidity

While modest compared to the broader financial services sector, the concentration of Islamic finance activity in the UK is currently among the largest of any OECD economy

UK banks expected to pay out £5bn in bonuses

Payouts expected despite slump in bank shares in Europe and thousands of job cuts

HSBC Keeps London Headquarters in Victory for U.K. Over Asia

The decision is a victory for U.K. Chancellor of the Exchequer George Osborne, who made tax and regulatory concessions to large banks

Germany’s top court to examine ECB’s bond buying

The programme was never implemented, and has since been superceded by a far bigger bond purchasing programme known as QE

Bulgaria's central bank starts health checks on banks

The results of both the review and the stress tests will be published on Aug. 13

SFO examines Barclays hedge fund profits

The SFO is understood to have taken an interest in the Caymanregistered fund after becoming aware of its existence in the course of its Libor investigation, the biggest in its history.

Debevoise Advises Beacon Capital Partners in its Sale to AXA Investment Managers

The acquisition is via a share deal, and has been has undertaken by AXA IM - Real Assets on behalf of a club of investors seeking investments into core European real estate assets.

Widespread Brexit complacency in FTSE 100 by Nick Le Riche, Bircham Dyson Bell

With a referendum on the UK’s continued membership of the EU likely to take place later this year and a recent survey by the Chartered Institute of Internal Auditors highlighting that only four FTSE 100 companies have engaged in detailed planning fo

Heritage Financial Services hosts evening of EU discussion with clients

Hannan described an ongoing shift of financial power from the Atlantic to the Pacific in contrast to a steady decline in the EU’s contribution to global economic growth.

Family law news - Withers

On behalf of Withers' London Family Law team I am delighted to welcome you to our latest edition of 'Family law news'.

New Partner At Cardiff Law Firm

Her areas of expertise are property litigation and landlord and tenant matters in the retail sector.

Legal, Regulation & Compliance