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

Investment Limited Partnerships In Ireland: The New Way Forward

Elizabeth Bradley and Mark Murran from our Banking & Finance team discuss the Investment Limited Partnerships Act 2020

ECB review of banks’ EU activity risks triggering stand-off with UK regulators

International lenders anticipate competing demands over how they structure their operations

Deutsche Bank fined almost $10 mln over Euribor controls

Breaches of the Benchmarks Regulation can be punished by imposition of a fine of up to ten percent of the total turnover.

MFSA slams the brakes on company for ‘ultra-rich’

Chris Cardona-linked Insignia Cards ordered to restrict its operations

German bond yields steady as Omicron fears subside

Italian government bond prices outperformed their peers late on Tuesday after underperforming earlier in the session and in previous days.

Milbank Advises LEA Partners

PROCAD Group was created in 2021 from the merger of PROCAD with keytech

Important regulation moments in 2021

So far, the FSCS has paid compensation to just over 84% of eligible LCF bondholders.

City regulator under fire amid mystery of mis-selling ‘swaps’ scandal penalties

The “swaps” products were sold to tens of thousands of businesses between 2001 and 2011 as “protection” against rising interest rates, but they left companies facing disastrous losses when rates dropped during the financial crisis.

Insurance aggregate data report

This report is a quarterly statistical release of aggregated data, produced using PRA regulatory data supplied by UK authorised insurance firms.

European Commission proposes minimum corporate tax and end to tax havens in the EU

It includes a common set of rules on how to calculate this effective tax rate, so that it is properly and consistently applied across the EU.

Judge: UK ‘open justice’ does not require pre-hearing document disclosure

UK publishes ‘comprehensive’ cyber security strategy

Cyber risk expert Laura Gillespie of Pinsent Masons said that the government’s plans called for “a ‘whole society’ approach” to cyber security.

PIMFA Calls for “Greater Ambition” to Address FSCS Levy Funding Issues

Setting out a set of principles for reform is welcome and we are committed to engaging with this process in order to achieve the best possible outcome for consumers and our members.

Bird & Bird advises Liberum

The placing was completed and the new shares admitted to trading on AIM earlier today.

Beware of Investment Fraud - How to identify a potential fraud

Giambrone & Partners banking and financial fraud teams are witness to the same strategies that are employed time and time again to deceive novice investors into risking their money.

Pension schemes granted judicial review of govt's RPI swap

In February, the schemes were granted an extension to the period in which they can consider filing for judicial review, following a request from the government to have more time to prepare its defence.

Insolvency Service gains powers to investigate directors of dissolved companies

The legislation also rules out Covid-19 related changes as grounds for material change of circumstances business rate appeals.

Craig Whyte appears at court for failing to provide key passwords for seized devices

The arrest is in relation to non-disclosure of key passwords for various laptops and phones, which were seized from him by a warrant issued under s176 Financial Services & Markets Act 2000 on the 18 April 2018.

FCA publishes Decision Notice against hedge fund

This resulted in a sub-standard investment management service being provided to the external fund and its investors.

Viola Money (Europe) enters administration

The application for the special administration was made by the FCA and follows requirements imposed on Viola on 14 December 2021, which required it to cease all regulated electronic money and payment services.

Legal, Regulation & Compliance