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

What might prudential regulation look like under Brexit?

The central EU position is not to grant this without the free movement of people.

Revolving Doors: Global 100 Firms Invest In Europe As Baker & Mckenzie, Mayer Brown And Bird & Bird Make Hires

Baker & McKenzie has added two partners in Germany to expand its energy and M&A practices.

Top Executives To Be Put Under Further Pressure To Disclose Pay Ratios

The final report is due to be published tomorrow after an interim report that lambasted current executive pay practices as “broken” and “not fit for purpose” was released three months ago.

May 'Orders Crackdown' On Offshore Tax Havens

Both The Times and the Daily Mail report that senior Whitehall officials in the government's "policy unit" have been told to draw up plans to tackle abuses of the tax system, perhaps in time to be unveiled at the Conservative Party conferen

Swiss to pass information on HSBC accounts to US tax agency

Switzerland said it plans to give information to U.S. tax authorities about accounts at HSBC Holdings Plc's Swiss private bank, as part of a U.S. investigation into tax evasion.

Will Brexit Break-Up Affect Your Divorce? The View From Hong Kong - Withers

Will the UK's own divorce from the European Union - ending a "marriage" going back to 1973 - affect divorces at the personal level for those with cross-border financial interests at stake?

Brexit: EU considers migration ‘emergency brake’ for UK for up to seven years

Diplomats working on deal to give Theresa May greater concessions than those won by David Cameron, despite French doubts

Another fine mess for HSBC

Withdrawing their licences to operate in the US could spark financial calamity.

EU securities watchdog fines Fitch 1.38M euros

ESMA found certain senior analysts in Fitch transmitted information about upcoming rating actions on sovereign ratings to certain senior persons in a parent company of Fitch before it was made public

ESMA backs Guernsey for AIFMD passport

Guernsey to be evaluated as a trusted jurisdiction that continues to provide a stable and competitive environment for business.

OMGI’s Purzitsky: Don’t expect much from Bank of England in August

This leads naturally to the question of what we should expect in August.

Post-crisis clearing rules block derivatives users from market

A clearing house is a counterparty that sits in the middle of a transaction between buyer and seller with the aim of reducing risk.

Rosenblatt Solicitors Corporate Team Enjoys Record Period M&A and Private Equity Deals

Whilst the long term effects of Brexit remain to be seen, we have been encouraged by the number of new mandates we have secured.

What the G-20 Call for More Fiscal Emphasis Means for Investors

Shift toward fiscal policy may boost banks and steepen curves.

FCA seeks to increase collaboration with RegTech community

The UK financial regulatory authority issued the RegTech Call for Input in November 2015 to seek broader views on how it should progress and prioritise its work in this space.

Spanish bank sees red in color quarrel with German rival

Santander — which uses the slightly darker HKS 14 — has been trying for six years to get the German Patent and Trademark Office to delete its rivals' trademark.

Royal London must pay up for ’too risky’ investment

An adjudicator previously let both parties know he was of the opinion that the should be upheld.

Three UK advisers arrested in £132m tax-dodging fraud

All three are suspected of involvement in a scheme that used Jersey-based offshore trusts to allow individuals to avoid around £132m in income tax.

FCA Finds Failings In The Oversight Of Appointed Representatives In The General Insurance Sector

The principal firm has regulatory responsibility for the appointed representative and generally, in the regulatory context, anything that the appointed representative has done or omitted to do is treated as having been done or omitted to be done by the pr

The Channel Islands Securities Exchange and the EU’s Market Abuse Regulation

From 3 July 2016 the European market abuse regime was changed as a result of the EU Market Abuse Regulation (MAR).

Legal, Regulation & Compliance