Steven Maijoor, the chairman of Europe’s financial regulator, recently used a German funds industry event to quell fears that countries outside of the EU would not be able to perform certain activities for EU-domiciled funds, such as portfolio management, once Brexit had happened.
If you want to understand how completely out of touch traditional banks are with their customers’ needs, you need look no further than a recent conversation I had with the Bank of Scotland.
FX fees and transaction methods have come under the spotlight once again since the UK’s Investment Association issued guidelines on market practices. Catherine Lafferty looks at the scale of the issue in the UK and Europe.
The funds industry is ramping up cyber security defences. Nicholas Pratt looks at what to do in the event of an attack.
