Europe
EU needs single anti-money laundering authority, says thinktank
New regulator needs power to levy huge fines to stop stream of scandals
Pictet explains its Smart move
The Swiss group discusses the transformation of its high dividend income fund into a smart-city growth vehicle.
Frozen Maltese bank accounts leave clients in limbo
Satabank’s customers were left clueless when the Malta financial regulator blocked the bank’s accounts
Jersey drafts law to avoid EU tax haven blacklist
Companies based in the jurisdiction will face an economic substance test
PEOPLE MOVES: Standard Life, UBS, DWS
Standard Life Aberdeen appoint UK propositions manager, while UBS Asia appoints new president