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

Pinsents reigns over Aim listings as Stephenson Harwood and DLA make gains

Pinsent Masons has continued to dominate legal advice to the Aim market, increasing its yield of clients from 53 to 57.

A Toppled Financier Finds a Safe Harbor in Germany

He used a debit card to buy a ticket to Florence

A Post-AIFMD World by Des Pierce, SS&C

On a positive note, all responses to our survey suggested that AIFMs were prepared to meet the requirements of the AIFMD and the questions and knowledge demonstrated would support that sense of readiness.

The non-resident landlords scheme: Could you be liable? by Katie Jackson, Withers

A non-resident landlord ('NRL') is a landlord who has UK rental income and whose 'usual place of abode' is outside the UK.

Outrage at high flying City asset manager who became 'biggest fare dodger in history' by avoiding £43,000 in rail tickets while owning two country mansions worth £4million

He had hoped to avoid prosecution and publicity by reimbursing Southeastern trains just three days after being caught by a ticket inspector last November.

Entrepreneur seeks £370m in damages from FCA

He told Scotland on Sunday that the firm had almost £3 billion of assets under management

Sebi signs MoU on alternative investment funds with 27 EU regulators

The text of the MoU was finalized by SEBI and the European Securities and Markets Authority

Maitland shortlisted for Best Fund Service Provider award!

These awards form part of Investment Week’s Fund Management Summit

Bafin intensifies Libor probe at Deutsche Bank -Spiegel

German regulators have intensified investigations into Deutsche Bank in an effort to resolve a long-running, industry-wide investigation into possible efforts to manipulate benchmark interest rates

Companies (Jersey) Law 1991 - Significant Upcoming Amendments

Amendment 11 was approved by Privy Council on 16 July 2014. It was registered in the Royal Court on 25 July 2014 and came into force on 1 August 2014.

Asset managers dodge 'systemic risk' regulatory bullet

Asset managers have dodged a regulatory bullet following a decision by US authorities’ that they do not pose a ‘systemic risk’ to the global financial system.

Dentons appoints White & Case EMEA strategic head as European COO

Dentons has hired White & Case’s EMEA director of strategic projects Richard Singer as its new European chief operating officer (COO).

Clifford Chance new leadership sees both finance and capital markets heads replaced

Clifford Chance managing partner Matthew Layton has appointed a new-look executive leadership group to replace its management committee following a dramatic overhaul earlier this month.

Eversheds comment: SEPA becomes fully operational in all eurozone countries

The European Commission’s view is that electronic payments in the Euro area should now be as easy as cash payments and it envisages that SEPA will greatly facilitate euro payments for citizens and businesses and increase competition between banks.

High Court delivers landmark ruling on staff poaching in broker row

Sunrise agreed to reduce his notice to six months followed by a further six month restrictive covenant

Sidley Austin and Linklaters lead on Bank of Cyprus €1bn capital raise

Sidley acted as international legal counsel to the Bank as it raised the mammoth sum through a private placement, which includes international fund managers led by US billionaire Wilbur Ross and the European Bank for Reconstruction and Development.

FCA finds firms fail to deliver best execution

Retail and professional clients are being failed by firms that don’t properly apply the rules on best execution when trading on their behalf, according to a review by the Financial Conduct Authority.

EU watchdog gives warns banks on retailing CoCos

Banks are under regulatory pressure to issue so-called contingent convertible bonds (CoCos) that can be converted to equity in a crisis to help provide a capital cushion and avoid calling on taxpayer help.

Brodies, Eversheds, Norton Rose Fulbright lose out as Clydesdale cuts panel

A group of six firms including Eversheds, Harper Macleod and Norton Rose Fulbright have lost their places on the combined Clydesdale Bank and Yorkshire Bank national panel.

Fortis successor Ageas must compensate misled shareholders -court

The court did not say how much Fortis should pay.

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