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

Afme outlines digital finance priorities for the new EU policy cycle

At the same time, these opportunities require careful consideration of new risks and challenges introduced by a growing use of AI.

ECB and EBA publish joint report on payment fraud

The report also finds that losses stemming from payment fraud were distributed differently among liability bearers, depending on the instrument or country.

Market reacts to Bank of England rate cut

He emphasised that the BoE has room to cut more than financial markets anticipate, given the tight fiscal policy and cooling labour market.

Macfarlanes advises Hayfin on Arctos-backed management buyout

Macfarlanes advised Hayfin on all aspects of the transaction including corporate, tax and regulatory aspects.

BoE interest rate predictions: Canada Life Asset Management

Services inflation stood at 5.7% in June, missing the MPC’s forecast of 5.1%, which could undermine confidence in cutting rates.

Guernsey poised to benefit from new LSE rules to boost growth and innovation

The UK Corporate Governance Code will apply to the new commercial companies category.

EU legislator strengthens minimum rules on asset recovery and confiscation in criminal

The European legislator is therefore increasingly taking new initiatives to tackle the expansion of organised crime, as well as further steps to strengthen the existing legal framework.

Bank Rate reduced to 5% - August 2024

The recent strength in services inflation had in part continued to reflect more volatile components of this series.

FCA vows to reduce burdens on firms

The regulator is calling on industry to identify rules which could be removed or simplified if they overlap with the Duty.

Prudential Regulation Authority Annual Report 2023/24

This Report is made by the PRA under FSMA 2000 and FSMA 2023.

The EBA launches consultation to overhaul its resolution planning reporting framework

The changes reflect some of the information that resolution authorities are already, and separately, collecting from their institutions, notably that collected by the Single Resolution Board.

Swiss watchdog scrutinises UBS vetting of wealthy Credit Suisse clients

Banks use filtering technology to identify potential issues associated with clients as part of their compliance rules to mitigate risks including money laundering.

EU banks subject to new rules on digital asset holdings

Among the changes included in the reforms was an increase in the minimum capital requirements for banks

Financial regulator seeks to reduce burdens on firms and support growth

The regulator is calling on industry to identify rules which could be removed or simplified if they overlap with the Duty.

UK public-private partnership tackles criminality using banking data

Any intelligence outputs will inform the NCA’s investigative work and help the banks to identify risk.

New DB funding code laid in parliament

Following extensive industry consultation, the new DB funding code complements the change in regulations and sets out a framework protecting savers while giving flexibility to the market.

Banque Havilland Liechtenstein and Switzerland to liquidate

Banque Havilland Liechtenstein has renounced its banking licence, says Liechtenstein’s Financial Market Authority.

CP11/24 – International firms: Updates to SS5/21 and branch reporting

The PRA proposes that the changes to SS5/21 resulting from this CP would be implemented during 2025 Q2

Aegon welcomes stocktake of FCA rulebook

In its ‘Financing Growth’ paper, published in January, Labour promised to reduce the sector’s regulatory burden if it came to power.

ELTIF 2.0 - European Commission Adopts RTS Delegated Regulation

ELTIFs can be marketed to retail or institutional investors across the European Union.

1
2
3
…
49
50
51
52
53
54
55
56
57
58
59
…
1043
1044
1045

Legal, Regulation & Compliance