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

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.

UK financial firms should review complaints procedures following FOS report

It follows the publication of the Financial Ombudsman Service’s annual complaints data and insight, with the report showing the most common and emerging issues consumers face when dealing with financial firms.

EU regulator suggests revamp in sustainable investment rules

The reform suggestions include requiring all financial products to disclose sustainability information in line with an expanded EU taxonomy.

City hails ‘critically important’ reform as FCA looks to revive IPO market

The changes to prospectus rules were announced just days before another set of FCA reforms to listing rules took effect.

Improve efficiency and compliance with outsourced CFO services in Switzerland

Successful CFOs must possess a diverse skill set, from strategic decision-making to technology management.

FCA takes first enforcement action against firm enabling cryptoasset trading

CBPL is not currently registered to undertake cryptoasset activities in the UK.

1
2
3
…
31
32
33
34
35
36
37
38
39
40
41
…
1025
1026
1027

Legal, Regulation & Compliance