Overview
Lobbying Costs
None declared
Financial year: Jun 2013 - May 2014
Lobbyists (Full time equivalent)
1 Fte (2)
Lobbyists with EP accreditation
0
High-level Commission meetings
2
Lobbying Costs over the years
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Info
The Wealth Management Association (WMA)
EU Transparency Register
855507915268-60 First registered on 15 Dec 2014
Goals / Remit
The Wealth Management Association is a trade association representing 186 wealth management firms and associate members. With formal contracted relationships, our firms deal in stocks and shares and other financial instruments for individual retail clients, trusts and charities and offer a range of services across a spectrum spanning execution only through to full discretionary services. Our member firms act for over 4 million private investors and carry out around 20 million retail transactions a year in the marketplace. Our members also manage in excess of £650 billion of wealth in the UK, Ireland, Channel Islands and Isle of Man, operate across more than 580 sites and employ approximately 32 000 staff.
Our aim is to ensure that any changes including operational, regulatory, tax and other business matters across Europe and the rest of the world are appropriate and proportionate for our wealth management community and, most importantly, their clients.Main EU files targeted
Of particular interest to WMA over the past parliamentary term have been MiFID/R; PRIIPs legislation; MAD/R; 4MLD; GDPR; Benchmarks legislation; and CRD4.
Address
Head Office
22 City Road,
London EC1Y 2AJ
UNITED KINGDOM -
People
Total lobbyists declared
2
Employment time Lobbyists 50% 2 Lobbyists (Full time equivalent)
1
Lobbyists with EP accreditation
All Lobbyists with EP accreditation over time
0 accreditations were / are live (in bold) for the selected state of 25 Mar 2015
Name Start date End Date Mr John BARRASS 05 Nov 2019 05 Nov 2020 Ms Maja ERCEG 05 Nov 2019 05 Nov 2020 Ms Maja ERCEG 08 Jan 2019 05 Nov 2019 Mr John BARRASS 06 Sep 2018 01 Oct 2019 Alexander MERRIMAN 09 Feb 2018 20 Dec 2018 Complementary Information
None declared
Person in charge of EU relations
Mr John Barrass (Deputy Chief Executive Officer)
Person with legal responsibility
Ms Elizabeth Field (Chief Executive)
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Categories
Category
II - In-house lobbyists and trade/business/professional associations
Subcategory
Trade and business associations
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Networking
Affiliation
In the EU, WMA is a member of the following formal networks: Financial Future; and Anti-Money Laundering Europe. WMA also participates informally in a full range of Brussels-based networking events.
In the UK, WMA is a member of the following formal groups, as well as participating in a range of informal networking events: Joint Money Laundering Steering Group (JMLSG); Joint Trade Association Group (JTAG); Trade Association Co-ordinating Committee (TACC); The International Regulatory Strategy Group (IRSG); and The City UK.Member organisations
http://www.thewma.co.uk/about-wma/wma-members/
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Financial Data
Closed financial year
Jun 2013 - May 2014
Lobbying costs for closed financial year
None declared
Other financial info
Please see our annual report at: http://www.thewma.co.uk/about-wma/annual-report/.
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EU Structures
Groups (European Commission)
None
ACC
None
Groups (European Parliament)
None
Communication activities
None
Other activities
WMA aims to ensure that legislative and regulatory changes, including operational, regulatory and tax, across Europe and the rest of the world are appropriate for the range of different firms offering wealth management services, and their underlying clients. This involves ensuring that policy clearly differentiates between the different business models operated in the financial services sector, and the risks they raise both for their retail clients and wider society.
Meetings
Meetings
2 meetings found. Download meetings
The list below only covers meetings held since November 2014 with commissioners, their cabinet members or directors-general at the European Commission; other lobby meetings with lower-level staff may have taken place, but the European Commission doesn't proactively publish information about these meetings. For more information about which commissioner is responsible for which portfolio, check out this link: https://commissioners.ec.europa.eu/index_en All information below comes from European Commission web pages.
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Date 19 Oct 2016 Location Brussels Subject CMU Cabinet Cabinet of Vice-President Jyrki Katainen Portfolio Jobs, Growth, Investment and Competitiveness Attending - Marlene Madsen (Cabinet member)
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Date 09 Jun 2015 Location Brussels Subject Capital Markets Union Cabinet Cabinet of Vice-President Valdis Dombrovskis Portfolio Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and Capital Markets Union Attending - Lee Foulger (Cabinet member)