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

FCA sets out steps to support home ownership

As interest rates fall, the current market approach to interest rate stress testing may be unduly restricting access to otherwise affordable mortgages.

The ESAs acknowledge the European Commission's amendments to the technical standard on subcontracting under the Digital Operational Resilience Act

Today’s Opinion acknowledges the assessment performed by the EC and confirms that the amendments proposed ensure that the draft RTS is in line with the mandate set out under DORA.

SM Advice launches multilingual social media service for advisers

The multilingual social media service is intentionally designed to streamline and cover the entire process and also ensuring compliance.

ECB cuts rates, but German defence spending likely to keep a lid on further falls

The ECB is likely to be fairly cautious of treading such new ground and higher interest rates may prevail as a result.

Federal Council initiates consultation on changing the FATCA model

The Foreign Account Tax Compliance Act (FATCA) is a set of US regulations that came into effect on 1 January 2014 and affects all countries.

Monetary policy decisions

The disinflation process is well on track.

Growth of private markets requires continued focus on valuations

The FCA recently completed a multi-firm assessment of valuation practices and governance for valuing private equity, venture capital, private debt, and infrastructure assets.

PRA proposes change to fundraising regulations

Regulator seeks industry feedback on plans to raise the threshold for leverage ratio requirements

Saffery Trust Associate Director receives STEP Founder’s Award for Outstanding Achievement

In 2023, under Matthew’s leadership, Guernsey became the first jurisdiction globally to launch STEP NextGen, followed by the Cayman Islands STEP NextGen initiative, which is sponsored by Saffery Trust.

Germany & Europe step up with much-needed fiscal gear shift

This ambitious plan would mark a pivotal moment in Germany's long-restrictive fiscal strategy.

ESMA publishes the results of the annual transparency calculations for equity and equity-like instruments

Currently, there are 1,283 liquid shares and 1,003 liquid equity-like instruments other than shares, subject to MiFID II/MiFIR transparency requirements.

BaFin imposes heavy fine on Deutsche Bank

Deutsche Bank had violated organizational obligations under the Securities Trading Act in connection with the sale of currency derivatives in Spain.

M&A in the asset management and fund sector: Key themes for 2025

These factors have encouraged consolidation within the sector and favoured those businesses which are able to achieve scale both in terms of assets under management and distribution.

FinTech start-up SWISS4.0 SA in liquidation

FINMA has engaged Valfor Avocats Sàrl as the bankruptcy liquidator.

FCA bans former Credit Suisse executives following US criminal convictions

The former Credit Suisse managing directors have been banned for lacking integrity, following US convictions for arranging corrupt loans to the Republic of Mozambique.

FCA charges two individuals with multiple fraud charges

They are also charged with using false documents in the process of committing the alleged fraud.

Advisers Nelson and Stephens charged over alleged £2mn fraud

They have also been charged with using false documents in the process of committing the alleged fraud.

Off-channel communications: a top regulatory risk for UK firms in 2025?

Off-channel communications are communications (including calls and written messages) made through channels not approved by the employer and to which neither employers nor regulators have access.

The EBA consults to amend data collection for the 2026 benchmarking exercise

The EBA benchmarking exercise is the basis for both the supervisory assessment and the horizontal analysis of the outcome of internal models.

Vontobel announces changes in governance

All changes are effective on March 1, 2025, and have been approved by FINMA.

1
2
3
…
26
27
28
29
30
31
32
33
34
35
36
…
1044
1045
1046

Legal, Regulation & Compliance