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

Fund manager Carmignac probed over tax fraud

“It is important to note that this issue concerns past deeds and that the risk is now over."

Monaco deny Football Leaks claims of offshore set-up to bypass Financial Fair Play

Monaco qualified for the Champions League in 2014 after finishing second in Ligue 1, and were looking for new revenue streams that would enable them to comply with FFP.

Top HSBC executive probed by Financial Conduct Authority

A top executive at HSBC is being probed by city regulator the Financial Conduct Authority (FCA).

IoM Conduct of Business code published

One of the key areas within the document relates to companies in some instances being given the choice to disclose commission either as a percentage of the investment or a monetary amount.

Guernsey will always be leaders

International regulations are pushing all jurisdictions to show that the companies resident in those jurisdictions have substance.

Fairness, flexibility and the long-term view: the FCA’s vision for the mortgage market

Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the UK Finance Annual Mortgage Conference, London.

Malta faces high money laundering risk

Study reveals weaknesses in controlling cash movements at ports of entry

Upper Tribunal upholds the FCA decision to fine and ban former Keydata executives

The Tribunal ruled that both had acted without integrity and had failed to deal with the FCA’s predecessor the Financial Services Authority in an open and cooperative way.

Financial adviser banned for abusing client funds

The UK adviser ‘knowingly took people’s money (£200k) for investments he knew were never viable’

Barclays executive arrested on suspicion of killing his wife

Mrs Pomphret was a keen horsewoman and a registered volunteer with British Dressage.

UBS Trader Accused in Insider Case Bought 3-Liter Bottles of Cristal

Choucair, 39, has been a Tramp member since 2001, and, according to prosecutors, took Abdel-Malek to the club after she gave him information on deals UBS was working on.

Chartered Financial Planner acquires legal firm

Jeffrey and all the team will remain, and indeed will be added to, with a personal service from highly skilled solicitors and support teams we hope to become the solicitors of choice.

United Nations launches European green finance network with Guernsey

The new European network, which has its base in Dublin, sees Guernsey join other leading financial centres including London, Frankfurt, Paris and Zurich, among others in a broader European commitment to sustainable finance.

European Firms Look To UK Temporary Permissions

After Brexit the UK will no longer be part of the passporting regime, which allows a financial firm authorised in any EU member state to sell services in all the other member states.

Aviva gets green light for €4bn pension fund launch in France

In France, insurance companies have generally been the main providers of pension arrangements, but a 2016 law known as Sapin II provided for the creation of pension funds in the form of an FRPS.

EIOPA calls for immediate action to ensure service continuity in cross-border insurance

The insurers with the largest cross-border business in the EEA30 countries have taken action and are implementing contingency measures.

Guernsey – in the global elite for private wealth

The Private Client Global Elite is a global directory of the world’s top private client and trust disputes talent and rising stars in the industry. Guernsey Finance sponsored a gala dinner in London for the elite list.

Maintaining market confidence: an update on Brexit

Speech delivered by Nausicaa Delfas, Executive Director of International at the City and Financial: 3rd UK Financial Services Brexit Summit

EBA publishes 2018 EU-wide stress test results

The final CET1 capital ratio is also affected by the cumulative decrease of the main sources of banks' income over the adverse scenario compared to the starting point.

From GoSkippy to diamond mines: the web of Arron Banks's wealth

The tycoon’s complex finances are under scrutiny as the NCA investigates £8m of Brexit campaign funding

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