Managers of Wealth Americas

SEC Staff Eases Paper Filing Requirements Due to COVID-19

The second statement relates to Regulation S-T regarding the authentication document retention requirements under Rule 302(b).

Financial Markets and Regulators Are Still in the Dark on Climate Change

Moreover, like the coronavirus pandemic, the crises that climate change is expected to cause are foreseeable, even as the specific effects of climate change are only starting to be felt.

CAPSA releases new agreement on multi-jurisdictional pension plans

FSRA sets rules for commuted value transfers

Dominica Expands Definition of Dependant Under Its Citizenship by Investment Programme

The new rules qualify children aged 16 to 30, parents and grandparents of the main applicant or their spouse for citizenship

U.S. Senate Passes Hong Kong Bill with Bank Sanctions

Uncertainty continues to loom over the proposed national security law in Hong Kong.

Baker McKenzie Delays New Associate Class Over Virus Impact (1)

Baker McKenzie said it remains committed to providing the associates with “a robust practice and professional development experience” once they join the firm.

Four Mayer Brown partners recognized as 2020 “Women Leaders” by IFLR1000

Ms. Pinedo is a co-leader of the firm’s Global Capital Markets practice. She concentrates her practice on securities and derivatives

UBS Expands Client Offering for Separately Managed Accounts to Include Third Party Asset Manager Strategies With No Additional Fees

UBS is committed to offering an open and transparent platform

Former Biglaw Partner Suspended From Practice Of Law After Insider Trading Conviction

There is life after Biglaw.

Wells Fargo Raises Some Revenue-Sharing Fees for Asset Managers

It is difficult to assess the exact impact of the five-basis-point raise on the upper limit because Wells offers an alternative to funds of paying up to $25 per year per client account, she said.

Extradition hearing of former Abraaj CEO to start in London

US authorities want Arif Naqvi to stand trial in America on charges of fraud and money laundering

LPL Financial and JFC Financial Services Welcome Fogarty Wealth Management

Technology was a primary factor behind Fogarty’s decision to move his firm to LPL and JFC.

Linklaters and Allen & Overy reopen London offices as New York gears up for easing of lockdown

The phased, and cautious re-openings by law firms in London look set to become the norm as the lockdown eases — in a detailed update on its plans CMS.

MetLife Completes Longevity Reinsurance Transaction

Under the terms of agreement, Metropolitan Tower Life Insurance Company will provide reinsurance to PIC for longevity risk associated with approximately £280 million of pension liabilities.

Deutsche Bank Pays $10.25M in Reporting Failures, Spoofing Settlements

The consent order stems from a complaint filed in August 2016, after an unprecedented swap reporting platform outage at Deutsche Bank that began on April 16, 2016.

Frontier Communications executives receive bonuses with firm in bankruptcy

The massive bonuses handed to top management stand in stark contrast to the massive underfunding of worker pensions.

IMA Releases New Reports on the Role of CFO in Sustainability

Reports analyze integration of finance professionals in sustainable business activities

Morgan Stanley to Reopen About 50 Branches Next Week

New cases have accelerated in some areas where restrictions have been lifted, and public health officials have expressed concern over the possibility of a resurgence of the virus.

Bonuses Tied to Diversity in Banks’ Push for Long-Awaited Change

The announcement comes amid nationwide protests over racial injustice that are drawing scrutiny of the roles banks have played in creating and perpetuating economic disparities.

Wells Fargo to Sell Global Alternative Investments Feeder Fund Platform to iCapital Network

As part of the transaction, iCapital will offer employment to a team of Wells Fargo employees who currently support operations for the GAI Feeder Fund Platform.

Legal, Regulation & Compliance