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

UK financial planning firm completes double deal

It plans to expand its ‘services and footprint in London and the south west’

FCA speech on regulation of wholesale financial markets

The FCA welcoming recommendations to look at aligning prospectus documentation requirements

“Put scams in the Online Safety Bill, or leave millions of vulnerable people at risk of financial harm”, warns Martin Lewis charity

This is in part due to the impact of common symptoms of mental health problems — such as low mood, reduced concentration or impulsivity — which can make it harder for people to control online sending or spot potential scams online.

ESMA to Allow Decision on Reporting of Net Short Position of 0.1% and Above to Expire

The overall level of net short positions is decreasing across the EU, reducing the risk that selling pressures could initiate or exacerbate potential negative developments connected with the evolution of the pandemic.

AFME: Securitisation can be a key driver for a post-pandemic sustainable recovery

The report also highlighted that Asset Backed Commercial Paper programmes

Denmark's Kompasbank gets license

The venture has built a digital infrastructure that it says will help differentiate it from traditional banks, specifically in the collection and processing of data.

Davy is just the latest financial scandal - brokers take note

As this case shows, the wheels of justice can turn exceedingly slow when it comes to financial mismanagement and misgovernance, as anyone who has made a complaint against a large institution knows.

Why diversity and inclusion are regulatory issues

Speech by our CEO, Nikhil Rathi, at the launch of the HM Treasury Women in Finance Charter Annual Review.

UBS Ex-Banker Unveils Long-Sought Number at Trial: $9.7 Billion

While it doesn’t reveal which of those assets were concealed from French tax authorities, judges could use the figure to calculate any fine if UBS’s own conviction is confirmed.

Ashurst advises on EF Solare Italia's SACE Green Guarantee financing

The loan is part guaranteed by the new green guarantee issued by SACE SpA pursuant to the simplification decree as part of the Italian Green New Deal.

Eversheds Sutherland advises M&G on the launch of its new Shared Ownership Fund

It is one of the first of its kind investing in shared ownership housing, the first stage of which will see the Fund make a £61 million purchase of 422 shared ownership homes in London and Kent.

Stephenson Harwood advises FPE Capital and management

The combination of Telestream and Masstech’s respective market positions, customer bases and technology propositions will complement each other, as they continue to develop innovative video workflow solutions for the media industry.

Covid-19: ESMA to allow temporary reporting threshold for net short positions to expire

The last reporting where the lower threshold of 0.1% applies will be on 19 March 2021 and must be reported to national competent authorities (NCAs) by 15.30 on 22 March 2021.

NatWest faces criminal proceedings over money laundering regulations

These regulations require the firm to determine, conduct and demonstrate risk sensitive due diligence and ongoing monitoring of its relationships with its customers for the purposes of preventing money laundering.

With Its Whistleblowing Directive, EU Charts a Different Course From U.S.

European authorities are seeking to set up a minimum standard for whistleblower rules across EU member states, but they don’t favor paying for tips—a key part of an SEC program widely seen as a success

Irish Regulation in Focus: Culture and Individual Accountability

The Central Bank expects firms' actions to be aligned with the expectations of its customers/investors and will take action where it believes firms (and senior management) are falling short of this expectation.

Global trends in merger control enforcement

This report highlights key trends and developments in 2020 global merger control activity, and looks ahead at what to expect in 2021.

Dentons advises on the first green bond of the Italian Ministry of Economy and Finance

Dentons acted with a team led by partner Piergiorgio Leofreddi - Head of the Debt Capital Markets group in Italy and member of the ESG and Sustainability group - and composed of partner Roberta Moscaroli for tax aspects and associate Matteo Mosca.

The EU Sustainable Finance Disclosure Regulation (SFDR) is live – what can we expect?

SFDR can be summarised as follows: the regulation is intended to contribute to the higher goal of transitioning the EU to a low-carbon

New report highlights industry efforts to strengthen ethnic diversity

The findings of this report show that our industry is turning ideas into action, and taking steps towards greater ethnic diversity and inclusion.

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