02/22/2017
“Clients are increasingly demanding that, so the combination in the US gives us that added ability to provide top-quality premium advice across the United States.”
02/22/2017
ESMA requests the Commission to consider whether it should adopt any legislation that might further clarify the definitions and concepts in MiFID II
02/22/2017
The framework are growing and the FRC believes more needs to be done to win back public trust.
02/22/2017
Legal service is a knowledge-led business and technology is pivotal to everything we do
02/22/2017
Chief among the regulator’s planned solutions was the creation of a single ‘all-in’ fee, to help investors better understand the cost of investing, including how much the fund pays to buy and sell investments.
02/21/2017
The former CEO said they made the request not because they needed the cash but because they did not want to use the group’s liquidity.
02/21/2017
Coupled with the recent spotlight placed on DFM due diligence by the FCA.
02/21/2017
The band, which sets out the level up to which no Inheritance Tax is applied on an inheritance.
02/21/2017
He received 64 percent of his potential bonus, while he will also get a new long-term incentive that could be worth 4 million pounds for 2016 if all targets are met by 2019.
02/21/2017
But asset managers, including passive specialist Vanguard and active fund group Old Mutual Global Investors.
02/20/2017
Herbert Smith Freehills - Financial regulation update
FCA agrees redress scheme
02/20/2017
The Vatican froze €2 million in funds suspected to be connected with money laundering in 2016
Milano gave no details in his speech but added that the total amount of suspect money frozen between 2013 and 2016 was about 13 million euros.
02/20/2017
UK government to approve controversial Macquarie bid for Green Investment Bank
Macquarie has been prevented from commenting on GIB due to a confidentiality clause but has highlighted its track record as a long-term investor in green energy projects.
02/20/2017
Italy: a new non-dom system for HNWIs
Moving to Italy could be your first step for more efficient wealth management and succession planning.
02/20/2017
State-Owned KfW Could Need Extra Capital
Germany's financial regulator BaFin is likely to push state-owned KfW to set aside more capital due to IT problems.
02/20/2017
Bank of China to pay fine in Italy money-laundering
The Bank of China said the plea deal was aimed at "avoiding a long trial and allowing the Milan branch to concentrate on developing its own business.
02/20/2017
Asset manager Vanguard calls for fund fees health warning
A health warning on the impact of costs would be a clear sign of intent from the industry that it’s putting the needs of the investor first
02/20/2017
Think-tank proposes dual funds regime for post-Brexit UK
The proposed scheme would allow less EU-focused asset managers to avoid some of the burdens of EU regulation.
02/20/2017
MiFID II – New European Regulation To Govern Increasing Demand For Bespoke Investment Strategies
European Capital flows are expected to continue their upward trajectory despite sluggish global growth concerns and the diminishing of monetary easing polices.
02/20/2017
Spain’s Princess Cristina Found Not Guilty In Tax Fraud Case
King’s sister acquitted, but husband Iñaki Urdangarin given six-year jail sentence on charges including fraud and tax evasion