Overview
Lobbying Costs
550,000€
Financial year: Jun 2015 - Jun 2016
Lobbyists (Full time equivalent)
2.5 Fte (6)
Lobbyists with EP accreditation
0
High-level Commission meetings
2
Lobbying Costs over the years
-
Info
The Wealth Management Association (WMA)
EU Transparency Register
855507915268-60 First registered on 15 Dec 2014
Goals / Remit
The Wealth Management Association (WMA) is a trade association that represents 180 wealth management firms (full members) and associate members who provide professional services to our full member firms.
WMA members firms look after over £825 billion of wealth for over 2.2 million retail investors.
WMA full members deal in stocks, shares and other financial instruments for individuals, trusts and charities through a range of services spanning execution only, advisory and discretionary fund management.
The WMA exists to support its members and their clients through education and engagement, advocacy and influence, research and analysis and by playing an active role as a facilitator and thought leader.
WMA firms operate across more than 580 sites, employing over 27 000 staff. These firms also run over 5.5 million client portfolios and carry out over 20 million trades a year.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; CRD4; Prospectus Regulation; Green Paper on Retail Markets; Cross Border Pension Product; Consultation on Trilogues, CSDR; Cumulative effect of Regulation; Capital Market Union and Commission study of advice and distribution in EU Retail Markets.
Address
Head Office
22 City Road,
London EC1Y 2AJ
UNITED KINGDOM -
People
Total lobbyists declared
6
Employment time Lobbyists 75% 1 50% 2 25% 3 Lobbyists (Full time equivalent)
2.5
Lobbyists with EP accreditation
All Lobbyists with EP accreditation over time
0 accreditations were / are live (in bold) for the selected state of 27 Feb 2017
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
We determine resource allocation according to the projects at hand, this means that at certain times we may have two or more people devoting 100% of their time to European business.
Person in charge of EU relations
Mr John Barrass (Deputy Chief Executive Officer)
Person with legal responsibility
Ms Elizabeth Field (Chief Executive)
-
Categories
Category
II - In-house lobbyists and trade/business/professional associations
Subcategory
Trade and business associations
-
Networking
Affiliation
In the EU, WMA is a member of the following formal networks: Financial Future; Anti-Money Laundering Europe and European Retail Financial Forum. 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
None declared
-
Financial Data
Closed financial year
Jun 2015 - Jun 2016
Lobbying costs for closed financial year
550,000€
Other financial info
Please see our annual report at:
http://www.thewma.co.uk/about-wma/annual-report/
-
EU Structures
Groups (European Commission)
None
ACC
None
Groups (European Parliament)
None
Communication activities
Key Annual Conferences (in London):
- Investment Conference - 27th April 2017
- Compliance Conference - 29th June 2017
- Summit (Flagship Conference) - 8th November 2017
In addition we also run regular educational CPD seminars, round table discussions, committees and working parties.
We also publish a fortnightly newsletter, a detailed monthly update and a quarterly magazine.Other activities
The WMA exists to support its members and their clients through education and engagement, advocacy and influence, research and analysis and by playing an active role as a facilitator and thought leader.
Through these objectives we aim 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.
-
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)
-
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)