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

Lloyds taken to court over mortgages tied to property values

The case is against the Bank of Scotland, which Lloyds merged with back in 2008 as part of a £12bn deal during the financial crisis to create the UK’s largest retail bank.

Global CEO confidence returns to pre-pandemic levels

Launching aggressive M&A plans to capture market opportunities

FRC announces 125 'successful' signatories to new UK Stewardship Code as one-third of applicants fail to make list

Received 189 applications, 147 from asset managers

SRD II: Transforming Global Proxy Voting And Shareholder Disclosure

Investor communications is a core competency, at the heart of Broadridge.

Financial Regulation: Daily Update

The FCA has updated its webpages on the Green FinTech Challenge and the Digital Sandbox.

Luxembourg Plans To Give Its Business Registry More Teeth

The move comes six months after a group of international journalists, coordinated by OCCRP, published their OpenLux investigations, revealing how the country’s opaque financial system allows criminals and the corrupt to avoid taxes and launder their

Financial Regulation Daily Update

Led by the Innovation Hub’s Singapore Centre, Project Dunbar aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs.

IBOR Transition

The purpose of the synthetic rates would be to support an orderly runoff of difficult-to-amend legacy contracts.

A Guide to FCA Policy Statements and Final Consultation on IFPR and A Guide to the MIFIDPRU Remuneration Code

The FCA also published its (third and) final consultation paper on the IFPR, CP21/26, on 6 August 2021.

IFLR1000 recognizes Dentons lawyers and practice teams across EMEA

Altogether, 94 lawyers received Highly Regarded rankings and 61 were awarded a Notable Practitioner rating.

UK prioritises US data transfers agreement

The government’s plans in relation to bolstering international data transfers also include the formation of a new International Data Transfers Expert Council.

UK data protection reform planned

The previous UK Data Protection Act implemented the 1995 EU directive and had been in force since 1998.

Pilatus wants compensation, alleges corruption in MFSA’s choice for liquidation lawyers

Pilatus Bank owners file World Bank arbitration claim for damages in shuttering of bank in 2019, and claims choice of law firm Mamo TCV was to the benefit of incoming MFSA chairman John Mamo

Should Swiss Banks Worry About EU Asset Register?

A tender for a feasibility study by the bloc on a potential asset register has sparked fears about the prospect of citizens having to account for every last cent.

Bird & Bird advises doctari investor Vitruvian Partners on the acquisition of three companies

With this growth and the digital solutions available and to be expanded, the doctari group can aim even more efficiently to optimise and control personnel recruitment and planning in the healthcare sector.

KPMG Accused of Giving Regulator ‘False and Misleading’ Data

KPMG said it alerted the regulator when it discovered the issues in 2018 and 2019 and suspended the people involved.

Govt urges advisers to reach out to clients with banking disputes

The BBRS is a non-profit dispute resolution service set up to resolve disputes between eligible SMEs and the seven participating banks.

Financial services regulatory update - September 2021

The guide is split into four "levels" of measurement, which organisations can choose to apply based on the maturity of the inclusion measurement processes already in place.

FCA ban on adviser convicted of child grooming upheld by tribunal

The FCA banned Jon Frensham from operating as an adviser in October 2020, more than three years after he was convicted for attempting to meet a child.

France fines U.S. bank JP Morgan $29.6 mln in tax fraud settlement

The settlement follows a probe opened in 2012.

Legal, Regulation & Compliance