Managers of Wealth

FCA speech on open-ended funds investing in less liquid assets

Speech by Edwin Schooling Latter, Director of Markets and Wholesale Policy, to Investment Association members.

The Continued Struggle with Anti-Money-Laundering Compliance

Some AML compliance departments function reactively rather than identifying future problems and responding to them preventively or avoiding the problems altogether—with some compliance departments resembling “factories” more than agile,

Management of coronavirus contagion containment in workplaces - Withers

Such has now paved the way to new measures (temperature scanning, self-assessment forms on 14 days’ previous Coronavirus at-risk contacts, dealing with on-premises reported suspicious cases) which have their consequences privacy-wise.

Rathbones spearheads modern slavery campaign

Rathbones is a leading a campaign for all FTSE 350 firms to comply with the Modern Slavery Act.

SJP and Quilter on working practices during Covid-19

SJP’s partners are very used to using technology in their day-to-day business and tailoring how they operate to the requirements of their individual clients, so will continue to remain flexible in what they can offer, including remote and telephone

Implementation of Cape Town Convention in Bermuda

The Bermuda International Interests in Mobile Equipment (Cape Town Convention) Act 2016 (the Cape Town Convention Act) gives effect to the Cape Town Convention in Bermuda and came into force along with the convention on 1 January 2018.

COVID-19 Luxembourg Tax Administration Emergency Support Measures

On 17 March 2020, the Luxembourg tax administration released a newsletter which details support measures for Luxembourg taxpayers who may be impacted by the COVID-19 pandemic.

COVID-19: FCA information for firms

Our rules give firms the ability to consider their arrangements and customers’ circumstances.

Government’s remote working push is no excuse for funds to underperform

Technology set to aid fund managers during coronavirus isolation, although idea generation could suffer

SEC Fines HSBC $725K For Allegedly Misleading Advisory Clients

However, HSBC allegedly did consider several financial factors in determining the representatives’ compensation, including how much clients paid in advisory fees for HSBC Spectrum and Managed Portfolio Account.

ESMA and CSSF guidance on the impact of COVID-19 on financial markets

Both ESMA and the CSSF have stressed the importance of maintaining an ongoing and active cooperation between national and European competent authorities.

COVID-19 and Antitrust Law: Avoiding Legal Risks in a Time of Uncertainty

Coordinating with competitors may be, or may appear to be, an efficient way to respond to some of those challenges, but companies must be mindful of the competition law parameters for such coordination.

Feifa partners with UK wealth firm

To expand the number of investment strategies offered to its members

Another Kind of Outbreak: COVID-19 as Financial Crime Threat

With global attention on the outbreak itself, criminals need only be successful with a fraction of their potential victims to take advantage of the unfortunate situation that has unfolded.

The implications of coronavirus on the aviation finance industry

Concern is rising generally for airlines, do they have enough liquidity to survive until the flight restrictions and corporate travel bans are lifted

Coronavirus - A New Regulatory Risk Facing Firms in the UK Financial Sector

COVID-19 is reported to be highly contagious and a more severe disease than seasonal influenza in a population where no-one has immunity to the new virus.

Cayman to shut down air travel for 3 weeks

All passenger air traffic, including private aircraft, will stop Sunday when the islands will essentially be on lockdown.

Coronavirus: US volunteers test first vaccine

Typical vaccines for viruses, such as measles, are made from a weakened or killed virus.

Trouble in paradise: Family, feuds and fraud in Jersey

The wealthy Dick family are set for a court battle that could shine an unwelcome light on the world of offshore trusts

JPMorgan Trading Platform for Rich Clients Froze During Rout

The system was overwhelmed by unprecedented volume, one person said.

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