10/06/2020
Ban for traders who owed £11.2m to clients
The Insolvency Service said it had found "several instances of misconduct"
Legal, Regulation & Compliance
10/06/2020
UK Financial Conduct Authority Bans the Sale of Crypto- Derivatives to Retail Consumer
These features mean retail consumers might suffer harm from sudden and unexpected losses if they invest in these products.
10/06/2020
Macfarlanes advises Seven Investment Management on acquisition
The acquisition will see Partners Wealth Management retain its brand, identity and leadership, and helps both businesses take the next steps in their respective strategic growth plans.
10/05/2020
Spain's Unicaja moving closer to Liberbank takeover
The discussions never stopped completely and have gained new momentum after CaixaBank and Bankia reached a deal this month, one of the people said.
10/05/2020
European anti-money laundering watchdog starts inspecting the Vatican
“The scope of this phase of evaluations is to assess the effectiveness of the legislative and institutional measures adopted by the jurisdictions in recent years,” the statement said.
10/05/2020
PIMFA urges Regulator to work more closely with industry to rebuild levels of trust in fair FSCS outcomes
The survey of 84 business owners and chief executives of member firms of PIMFA, the trade association for the wealth management and financial advice industry
10/05/2020
Portuguese regulator calls for criminal prosecution of auditors following Luanda Leaks
The regulator also identified situations in which auditors failed to identify parties to transactions, lacked adequate documentation to show “economic substance of underlying transactions” and did not maintain ”professional skepticism,&a
10/05/2020
Whistleblowing in Guernsey and Jersey - What Employers Need To Know
The specific rights which afford this protection are those conferred under the Islands’ respective employment protection
10/05/2020
FCA steps in after SVS clients face delays at new broker
A spokesman for ITI Capital has now told FTAdviser client registration are "running smoothly" after "initial challenges with the onboarding process".
10/05/2020
PM reveals plans for ‘Generation Buy’
The Telegraph reported it was “understood” that the government could accept some of the risk through a form of state guarantee to give lenders additional confidence.
10/05/2020
JFSC warns investors to be cautious in times of crisis
Many islanders won’t consider themselves investors but anyone who has a bit of money put aside and needing to make a decision about what to do with it is an investor.
10/04/2020
Covid-19: FCA finalised guidance on cancellations and refunds
UK investment firms that transact on trading venues outside the UK are not required to publish details of such transactions through a UK Approved Publication Arrangement (
10/02/2020
Caceis wins mandate and high praise from private equity client
The mandate also covers depositary, custody and financing services for the €1 billion fund.
10/02/2020
The real story behind PI premium hikes
Any company that has had a recent renewal will know that premiums have increased; in fact they have done so consistently for two years
10/02/2020
FCA has provided an 'opportunity' for advisers
Coming on the tails of the FCA’s own consultation regarding a cap on the maximum redress it will have to pay for future claims, as well as the various campaigns - including Financial Adviser’s own letter-writing campaign - this has been hailed
10/02/2020
Treasury prepares for financial services regulation review
One of the big opportunities is to find ways of bringing these wider concerns [about the advice market] to the FCA.
10/01/2020
FCA calls for tougher measures to tackle online scam ads
It is clear there is now mounting pressure on the government to take steps to tackle the promotion of scams through search engines and social media platforms.
10/01/2020
FCA confirms next stage of support for consumer credit and overdraft customers
The measures apply both to consumers who have benefited from support under the current guidance and continue to face financial difficulties, as well as those whose financial situation may be newly affected by coronavirus after the current guidance ends on
10/01/2020
EBA publishes work programme for 2021
The strategic priorities of the EBA work programme for 2021 will be made available in all EU official languages.
10/01/2020
Germany puts auto boss on trial over ‘dieselgate’
The so-called defeat devices made the vehicles appear less polluting in lab tests than they were on the road.