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

FCA report shows millions still struggling with bills

More than five million have missed payments recently, though that’s an improvement from the previous year.

Woodford points finger at Link and FCA as watchdog proposes action

Regulator claims fund manager Neil Woodford had a defective and unreasonably narrow understanding of his responsibilities.

Prudential Regulation Authority Business Plan 2024/25

The 2024/25 Business Plan sets out the workplan for each of the PRA’s strategic priorities, together with an overview of the PRA’s budget for 2024/25.

FCA publishes finalised guidance on social media and financial promotions

The FCA has repeated its guidance that financial promotions must be standalone compliant, irrelevant of the media used

The Rise of Private Equity in UK Real Estate

As a business we are increasingly seeing the positive role private equity can play on a soft market and the London office market is a natural target.

Scottish Widows improves controls after £14k cheque sent to wrong client

Scottish Widows was contacted by the company owner once again to flag his company did not have a policy with the provider and was sent the cheque by mistake.

New way of paying for investment research proposed by the financial regulator

Now the FCA has proposed giving asset managers greater freedom in how they pay for research, supporting their investment decisions.

IMF warns $2trn 'opaque' private credit sector could amplify financial vulnerabilities

Concerns over semi-liquid fund growth

Santander product changes ‘step in the right direction’

Albion Financial Advice director, Dariusz Karpowicz said raising LTV limits on large loans and tweaking its affordability calculator showed a keenness to lend more freely.

The UK payments landscape: 2024 and beyond

This review considers the digital payments landscape and provides recommendations to the Government with regards to the future of payments in the UK.

FCA secures £1.6m for investors from alleged unlawful investment schemes

The settlement agreed by the FCA was intended to prevent all of AWL/Mr Willis’ remaining assets from being used up to meet the ongoing legal and living costs.

The latest changes impacting employers with UK employees

The changes are designed to encourage employers to take a proactive approach to preventing sexual harassment in the workplace.

FCA to reclaim £1.6m for investors in unlawful investment scheme

Argento Wealth and Daniel Willis

Eight-in-ten UK executives plan price hikes before 2026

Now, the country’s energy price cap is set to fall by 12.3% as it enters the second quarter of 2024 – and it could fall further later in the year.

HMRC advises delaying taking benefits until LTA rules fixed

The legislation to abolish the lifetime allowance was being pushed through in quick timescales

Major changes for UK GAAP

Amendments will affect both micro-entities adopting FRS 105

AML within wealth and asset management – major questions resolved

AI streamlines the detection of irregularities, not only bolstering a firm’s efforts in thwarting financial crimes but also significantly enhancing operational efficiency.

PKB Privatbank SA convicted for corporate liability in connection with aggravated money laundering

The same bank official ensured maximum flexibility for the ODEBRECHT client

FOS expects to receive 210,000 complaints in 2024/25

In order to combat the increased workload, the FOS will be recruiting more handlers.

CS downfall: Finma's letter to the court infuriates investors

A letter from the authority has now been leaked to the media.

1
2
3
…
92
93
94
95
96
97
98
99
100
101
102
…
1073
1074
1075

Legal, Regulation & Compliance