Dubai regulator eyes fixed penalty regime
Maximum fine will be $50,000
Industry
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17 UK firms failed between February and March 2023
This includes financial advice and wealth management businesses
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Private bank to create digital development hub in Barcelona
It is part of a $223m digitalisation strategy
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£235m redress for investors agreed as Woodford saga nears wind-up
Though the deal still rests on Link Fund Solutions’ sale to Weystone Group
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South African watchdog provisionally withdraws asset manager licence
Following an inspection conducted on the firm
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UK wealth manager buys financial planning business for £15m
Deal adds over £635m in assets under advice and administration
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Family office unveils operation in Abu Dhabi
It already has a presence in the US and Singapore
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Prudential sets up financial advice arm in Singapore
It will be led by industry veteran Bernard Chai
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Institute for Fiscal Studies to carry out review of UK pension system
Future looks ‘risky at best’ for many working Brits hoping for a comfortable retirement
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Private bank rolls out Asia wealth training programme
To help clients across the region
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PE firm buys stake in global independent asset manager
Acquired firm has operations in Switzerland, South Africa and the UAE
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Canada Life parent group creates Irish wealth business
Combined company has around €14bn in assets