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

German Banks Are Plotting a Counter-Attack Against MiFID II

Lengthy disclosure requirements are turning clients off

Revenue up over 25 percent as Gordon Dadds announces annual results

We have rapidly built a highly profitable and fast growing international legal and professional services group with annualised revenues of well over £40 million.

The ship tycoon, the con men and a €100m scam

Today’s fraudsters are often distant associates who come across each other on the internet.

HSBC completes separation of £200bn ringfenced bank

Chief executive Ian Stuart leads the bank, with David Watts as chief financial officer.

Nordea to acquire Gjensidige Bank and enter Strategic Partnership with Gjensidige

This agreement means that many more Norwegians will get a relation to Nordea, and we fully intend to serve them to the best of our capability,” says Snorre Storset, Branch Manager, Nordea Norway.

Malta approves three blockchain bills at second reading

The MDIA Bill establishes the Malta Digital Innovation Authority (MDIA) and provides the necessary arrangements for the certification of technology and the registration of Technology Service Providers.

Employees at Dozens of Leading Banks Face German Probe

The investigations include transactions handled by lenders including Barclays, Goldman Sachs Group, Bank of America Corp., Macquarie, and BNP Paribas, and initial indictments are likely as soon as this year, the people said.

FCA urged to act on VCT fee disclosure

Any manager that tries to hide behind the ‘We don't know what the costs are in advance, so we can't tell investors what they are’...should not be responsible for managing other people's money.

EIOPA stakeholder survey on licensing requirements, barriers to InsurTech and InsurTech facilitation

InsurTech solutions using big data, algorithms, artificial intelligence, cloud computing, and blockchain technology are changing the insurance industry.

The FCA’s role in preparing for Brexit

Further to the announcement (link is external) from HM Treasury (the Treasury) on its approach to amending financial services legislation under the European Union (Withdrawal) Act, this statement provides stakeholders with an update on how we are preparin

Aviva accused of shortchanging over platform compensation

The platform was unavailable for six days beginning on the evening of 17 January and just one day after it came back online advisers and their clients found themselves locked out.

FCA wants pension provider charges to meet Mifid standards

As a result the regulator has asked for views on whether it should make pension providers disclose the 'actual charges' clients are paying as well the assumed charges.

New double tax agreement between Cyprus and Andorra

Like many of Cyprus's recent double tax agreements, the agreement with Andorra includes comprehensive provisions regulating the taxation of offshore hydrocarbon exploration and exploitation activities.

Cyprus Securities and Exchange Commission regulatory priorities for the second half of 2018

CySEC’s principal objective for 2018 is to establish, monitor and sustain a healthy and stable environment for the securities industry. It has identified the following priority areas for the second half of the year:

Insurtech Coya receives licence from German regulator

As one of the first German digital insurance companies, Coya wants to create a service without paperwork or middlemen and claims to be cheaper, faster, more flexible and more digital than previous insurances.

Leading UK law firm Ashurst announces 11 per cent partner profit jump

Ashurst has turned its fortunes around in the last two years after going through a rocky period characterised by falling revenue and profits and partner defections to rival firms.

Bill of law transposing ATAD I submitted to Luxembourg Parliament

ATAD I is the answer of the EU to the recommendations formulated under the base erosion profit shifting (BEPS) initiative

Best Lawyers in Germany 2019 ranks ten Ashurst partners

Best Lawyers is compiled by the peer-review company and ranks the nation's top legal talent based on peer evaluations within the legal industry.

UK's first ISA millionaire urges MPs to close 'nonsense' legal loophole

Most investors only became aware of the rule earlier this year when Beaufort Securities collapsed and a row erupted between the broker’s clients and administrators PwC.

FCA probe to explore Mifid II impact on research

UK regulator to examine regulatory impact as current research pricing viewed as unsustainable by investors.

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