12/02/2011

It's time to tax wealth

Taking money away from lower and middle-income populations who spend in small businesses – from corner shops, garden centres to local hotels – reduces domestic consumption, the very thing that can provide growth and jobs.

11/29/2011

KPMG sets dates for UK claims on MF Global cash

The administrator also moved to reassure MF Global investors when it said 10 days ago it would make interim distributions of money to clients before it had finally settled all positions.

11/28/2011

Europe’s watchdog to hunt down rogue products

Among other activities, the Paris-based authority is warning of a potential ban on certain rogue products, on a pan-European basis, says Steven Maijoor, Esma chairman. This is part of its programme to protect the investor.

11/10/2011

FSA hits Dubai-based investor with GBP4m fine

The Financial Services Authority has imposed its biggest-ever fine on an individual, ordering a Dubai-based investor to pay £6m for market abuse in a case involving Reliance Industries, the Indian conglomerate.