06/20/2018
When providing discretionary portfolio management services and independent investment advice to clients, investment firms cannot receive any benefit or commission that may be considered an inducement.
06/19/2018
FCA: Our response to Law Commission recommendations on pension funds and social investment
In June 2017, the Law Commission made recommendations to Government and us on Pension Funds and Social Investment. A final joint response to this has now been published.
06/19/2018
The FCA did say some providers were not presenting open market options for consumers in good time before they buy drawdown products and charges were also not ‘always consistently highlighted’.
06/19/2018
Sibson went on to say that Bermingham contacted his own assistant to write to the European Banking Federation to "escalate" Barclays' concern that banks were putting in rates that were "dishonest, that were not justified by where cash
06/19/2018
Citigroup bankers were officially notified of the lender's plans to bulk up its Frankfurt office - which currently houses 350 staff - last summer.
06/18/2018
Breaking up is hard to do: retired Irish High Court judge Henry Abbott on millionaire divorce cases
Retired judge Henry Abbott spent 15 years ruling on high-net-worth divorce cases. He tells Mark Tighe about millionaires concealing assets, warring spouses, and litigants refusing to leave the courtroom
06/18/2018
But their shared urgency has been stymied by politicians from Germany and smaller states who want to make sure closer ties don’t expose them to excessive risks from other countries.
06/18/2018
The regulator served him with a £29,300 fine after ruling his conduct had ‘pose[d] a risk to consumers and to the integrity of the financial system’.
06/18/2018
The deal dates back to 2005, when Shell, previously an Anglo-Dutch concern, merged its two branches to establish a single headquarters in The Hague.
06/18/2018
The watchdog said he fabricated the documents to mislead the regulator into believing he was fully qualified to provide investment advice.
06/18/2018
HM Revenue & Customs (HMRC) has reported that £305m had to be repaid to retirees
06/17/2018
In a global environment, Chief Financial Officers are mainly concerned about maximising revenues and reducing costs. But compliance is an ever-present element that will influence your choice of growth strategy – and the outcome.
06/17/2018
The state continues to pour money into “Gazprombank” and “Rosselkhozbank”, but the capital adequacy ratios of credit institutions fall.
06/17/2018
Everyone has an annual gift allowance of £3,000, which can be given away free of IHT regardless of when they die.
06/17/2018
The final deal is expected to be on similar terms to the sweetened bid CYBG made a fortnight ago
06/15/2018
The former tennis ace is using his role as a sports ambassador in the Central African Republic to claim diplomatic immunity.
06/15/2018
ESMA has stated the report will help to gradually identifying best practices and potential areas that could benefit from a higher level of harmonisation.
06/15/2018
The list can be used by firms to assess their compliance with the MiFID Org Regulation.
06/15/2018
By this year, these punishing levies have reached 15% per annum, costing owners tens of thousands of Euros annually.
06/15/2018
They want their money to be safe. They want savings, investments and other financial products that meet their needs. And they don’t want their taxes used to prop up failing institutions.