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

Aberdeen Standard inks pension and investment deal with Virgin

Joint venture is expected to transform Virgin Money’s retail investment proposition

Plan to free 'mortgage prisoners' revealed by FCA

Banks and building societies would still need to agree to take on these customers.

The slow-burning effects of Europe’s new data rules

PSD2 and Open Banking, a year on

Egyptian asset manager Rasmala bought by Italy's Azimut

Deal marks the Italian firm's first move into Africa

Playboy adviser reveals how he took £4.5m from clients

He was sentenced to eight years in prison.

Our powers to ban a promotion or advert

This power acts against the promotion or advert, not the firm itself. (It works differently from other powers we have when firms generally don't comply with our rules

Brexit: further proposals to prepare our regulatory regime

The FSCR does not allow EEA firms to take on new business after 29 March 2019.

Man Group to fight $156m Kuwaiti lawsuit

A Kuwaiti state pension fund has sued the hedge fund in a UK court

Danske Bank, ex-CEO are sued in U.S. over money laundering scandal

It is common for shareholders to sue companies in the United States after what they consider unexpected share price declines.

Royal Court issues letter of request to High Court

Again, while counsel was unaware of any case where the English courts had assisted the Royal Court, there have been several occasions where it has done so in respect of Jersey companies.

Appleby advise on Santander banking transfer in Jersey and Isle of Man

The Jersey team consisted of Partners Wendy Benjamin, Michael Cushing, David Dorgan, Tim Hart, and Richard Sheldon, supported by Senior Associate Gemma Whale, Associate Dilly Wright and Paralegal Angharad Prescott.

Deutsche Bank prosecutors obtain client list during raid

List contains names of individuals and entities mostly located outside Germany

Crime Probes Haunt Central Bankers From Black Sea to Baltics

Officials charge, question central bankers in criminal cases

Beckham's ex brother-in-law guilty of conning investors

The Crown's case is that TCL was a typical boiler room enterprise, set up with the purpose of inducing unsuspecting members of the public to invest in rare earths.

Gowling WLG Strengthens India Referral Agreement

The agreement will enable Gowling WLG clients in need of legal advice in India - or those seeking to enter the Indian market – to access Naik Naik & Company's broad suite of legal services.

Swiss plans for whistleblowers fall short, critics say

Staff who report wrongdoing risk losing their jobs or even criminal prosecution

Brexit and contractual continuity

The FSCR Regulations will allow EEA firms that have pre-existing contracts in the UK which would require a permission to service to continue to carry on the relevant regulated activities in the UK

ESMA Provides Standards on Supervisory Cooperation Under the Securitisation Regulation

ESMA submits its draft RTS for endorsement to the European Commission

EU fintech network mooted

"This is one factor that has the potential to impede the scaling up of financial innovations across the EU."

Pensions cold-calling banned

Pensions cold-calling ban comes into effect.

Legal, Regulation & Compliance