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

Wealth manager forced into administration after court loss

In a statement, PCR, the administrators of Full Circle, said all client money is in segregated accounts and so not in jeopardy.

Ex-UBS Trader Says Bank ‘Mandated’ Conduct That Led to Libor Ban

The FCA has handed out hundreds of millions of pounds in fines -- including a 160 million-pound ($217 million) penalty for UBS

Monaco introduces bill on blockchains

Namely to develop a new business sector in the Principality and attract many companies which are today looking for a flexible, modern and pragmatic regulatory framework.

Gibraltar launches blockchain regulatory first

The team expect to be very busy in the coming months, and are looking forward to working on some interesting and innovative ideas with applicants.

Watchdog punishes City with tenfold rise in fines

Last year’s rise in penalties was largely the result of the £163 million fine imposed on Deutsche Bank in January

Manchester investment banker arrested in fraud case

Benji Silverstone in custody since December 19 on suspicion of conspiracy to defraud

MiFID II: FCA updated webpage on change of legal status

New application forms for Change of Legal Status regarding MiFID firms

Ex-law firm partner is top pick to head City regulator

An announcement on the appointment, which ultimately is made by the chancellor, could come as soon as tomorrow, according to Sky News, which first reported Mr Randell’s candidature.

Europe begins countdown to day of the Mifid

Sweeping changes to EU rules on financial instruments come into force on January 3

Brussels prepares for battle over EU budget contributions

Europe tensions will hinder efforts to convince net contributors to increase funds in 2020s

Russia sentences fund head

Browder, who has dismissed the allegations against him, said on Twitter on Friday the ruling was President Vladimir Putin’s reaction to his efforts to get five countries, including the United States, to impose so-called Magnitsky sanctions against R

EU Regulators Pushing For Cross-Border Bank M&A

Advocates of market consolidation say mergers and acquisition (M&A) activity will help continue to shrink a crowded, fragmented market.

FCA concerned over drawdown FSCS levels

"This was particularly illustrated by the new freedoms associated with pension products."

Rotherham Law Firm Launches Major Expansion Programme

Two of the New Offices are Located in Sheffield and the Third is in London

EU introduce changes banking legislation

The new legislation will require banks to build application programming interfaces which will give third parties secure access to their data.

Full extent of multi-billion dollar bank heist's links to Scottish firms revealed

Much of the 'dirty' cash was funnelled through anonymous Scottish and other UK shell firms.

Europe’s banks brace for a huge overhaul that throws open the doors to their data

Britain's Competition and Markets Authority has set out similar plans to let customers share their data with other banks and third parties.

Luxembourg Corporate – publication of the renumbered law

The Regulation also updates certain European legislative references embedded in the Law.

Russia to extend offshore wealth amnesty

He added that the President noted the need of improvement of the investment climate, reduction of administrative barriers and increase of labor productivity.

Herbert Smith Freehills - Financial regulation update

Draft Financial Services and Markets Act 2000

Legal, Regulation & Compliance