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

White & Case advises EIF on synthetic securitisation of Deutsche Bank-originated German consumer loan portfolio

The EIF guarantee on the €150 million mezzanine tranche covers a large reference portfolio of consumer loans.

FCA 'working to modernise' regulation for asset managers

Alder said responses to the regulator's consultation on replacing asset management regulation, currently contained in retained EU law, indicated a desire to remain broadly aligned with EU rules.

Woodford should forfeit his CBE, says TTF

They said the Woodford scandal has caused terrible harm to its victims.

EBAday 2024: 100 banks registered and ready to fuel the payments technology conversation

Connecting with the 100 banks attending EBAday has also never been easier.

Intelligent Money Ltd enters administration

The joint administrators are qualified insolvency practitioners.

Global regulatory update Q1 2024

The EBA also issued guidance to crypto-asset service providers on managing their exposure to AML/CFT risks

Banking fraudster jailed over fake applications for loans and pensions

He uploaded ‘selfie’ pics which, in conjunction with stolen customer personal data seized, enabled him to bypass online verification

Labour has opportunity to drastically improve British ISA if it comes to power

The ISA is a simple idea, a tax efficient place to grow your wealth, however, with various additions over the years it has now become a confusing area of personal finance.

Financial services sector reacts as PM Rishi Sunak calls general election

Sunak’s announcement coincides with the news that inflation has fallen to 2.3%, moving closer to the Bank of England’s target of 2%.

FCA fines HSBC £6.2 million over treatment of customers in financial difficulty

The failings were caused by deficiencies in HSBC’s policies and procedures and the training of their staff, as well as inadequate measures to identify and address instances of unfair customer treatment.

FCA publishes Decision Notices against two individuals for acting without integrity in relation to pensions business

The portfolios were created and managed by Mr Goodchild at Westbury, with 39% of overall holdings linked to a single offshore property developer.

Firms to recommence GAP insurance sales following FCA action

Firms that have resumed sales of GAP insurance have done so with materially lower levels of commission being paid out to those selling GAP, improving value for customers.

Navigating NPPR Processes in the EU: Insights from Luxembourg, the Netherlands, and Ireland

In this article, we provide an overview of the NPPR processes in Luxembourg, the Netherlands, and Ireland.

The PRA’s approach to the authorisation and supervision of insurance branches

Policy statement 8/24

Banking giant Citi fined £62m by UK watchdogs

Meanwhile, the Financial Conduct Authority handed out a £27.8m penalty

Isle of Man considers change of policy on family offices

The call for input will lead to further research on the available options, which will form the content of a further consultation paper or discussion paper in due course.

'Faked Satoshi ' Craig Wright Lied About Inventing Bitcoin: Judge Rules

A group of crypto firms brought the civil trial, the Crypto Open Patent Alliance (COPA), that sought to prevent Wright from claiming he invented Bitcoin.

SureVu: Your Shield Against the Menace of Failed Trades in the Era of CSDR's Settlement Discipline Regime

The consequences of failing trades are not limited to financial losses; they extend to the credibility and professionalism of an asset management firm.

Man sentenced over £19m unauthorised investment scheme

The FCA said Flintham lied about how the scheme was operated and the profits that he was making for his investors.

Getting into the ‘grey divorce’ market

When divorcing later in life, a fair deal is more important than ever — with an adviser involved from the start

1
2
3
…
88
89
90
91
92
93
94
95
96
97
98
…
1074
1075
1076

Legal, Regulation & Compliance