two arrested in fsa probe into unauthorised ifas
The UKs Financial Services Authority has led an investigation into unauthorised financial advisers, leading to the arrest of two individuals in the West Midlands region of the UK.
Author: International Adviser
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kleinwort benson launches guernsey qnups
Kleinwort Benson has launched a Guernsey-based Qualifying Non-UK Pension Scheme.
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european parliament calls for mifid feedback
The European Parliament has published a questionnaire calling for feedback from the industry on the European Commissions proposals for changes to the MiFID regime (MiFID II).
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now is not the time for local currency bond funds
Local currency bond fund launches have been “super-fashionable” this year, with fund houses eulogising about the appreciation potential of emerging market currencies. But First State’s head of EM debt Helene Williamson is not such a fan.
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montlake signs distribution deal
Ucits platform provider ML Capital has agreed a deal which will see it distribute funds on its Montlake platform into the German and Swiss markets.
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em corporate bonds next growth area
The growth of emerging market corporate bonds will make up for any shortfall in sovereign debt issuance as investor demand for EM fixed income develops, according to Helene Williamson head of EM debt at First State.
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three jailed for spanish boiler room fraud
Three men have been jailed in the UK for their involvement in a Spain-based boiler room investment fraud.
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hmrc launches special tax cheat unit
HM Revenue & Customs has established a new specialist unit targeting those dodging UK taxes by using offshore accounts.
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mining the expatriate seam
A popular truism holds that there is more money to be made selling picks and shovels to miners than there is in mining itself.
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coutts expands middle east private office
Coutts has appointed Amir Sadr as head of the UAE market and private office in the Middle East, as it builds its private office presence in the region.
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hsbc creates north asia chief executive role
HSBC Private Bank has appointed Bernard Rennell to the newly created position of chief executive for North Asia, subject to regulatory approval.
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fpi launches online iht training
Friends Provident International has unveiled a series of online seminars which are designed to educate and support advisers in relation to inheritance tax and trusts.