Increased regulatory costs have seen asset managers moving fund management operations to Malta, although global custodians tend to look elsewhere
Regulation

Ball now in boutiques’ court for Asian recruitment game
With the regulator’s radar firmly tuned towards big banks, smaller players are now able to offer their relationship managers much greater flexibility, making them much more appealing in the battle for talent

Fatca regulations threaten Hong Kong’s reputation
Hong Kong has experienced huge growth as an international wealth centre in recent years but by signing up to Fatca regulations it could be in for a bumpier ride
Portfolio shake-up follows Italy’s move to voluntary disclosure
Italy’s voluntary disclosure regulation is likely to bring clients’ properties and companies, as well as financial assets, to the attention of authorities. Private banks must be ready to act as guides through the process while advising how best to protect portfolios

Which regulations will impact private banking?
PWM spoke to three experts to try to determine how key regulations are likely to affect the wealth management sector

Clients seek wealth managers' help to avoid red cards from regulators
Wealth managers must do more to guide clients through complex changes brought about by RDR and other regulations

Uneven road ahead for Luxembourg’s global gateway
Luxembourg is expecting a surge in business as AIFMD takes hold, while emerging market institutions are increasingly active in the Duchy. But BNP Paribas’ Frédéric Pérard warns of clouds gathering on the horizon

AIFMD opens hedge fund universe to wider audience
AIFMD should entice a large number of new investors into hedge funds, but will the high entry costs of complying with the new directive mean only larger fund providers will be able to offer these new vehicles?

Family offices struggle in new environment
Crackdowns on tax avoidance and evasion are forcing single family offices to change how they manage their affairs, with increasing numbers now outsourcing certain aspects of their business

‘Gatsby’ era draws to a close for private banks
Private banks are reworking business models in response to new regulations such as RDR, but there are other costs, for example spiralling salaries, which need to be addressed
Global Private Banking Awards 2022
PWM Digital Edition (March–April 2023)
Wealth Tech Awards 2023
Join our community
|
|
|
|
|
