UAE insurance regulator sharpens its teeth
Insurance Authority set to enforce over 200 new fines on firms and brokers for not complying with its rules
Insurance Authority set to enforce over 200 new fines on firms and brokers for not complying with its rules
The adviser levy came in at £211m but £58m is funded by providers
It had concerns over control and compliance
Jurisdiction said they are not a relevant activity to be part of rules
The question now is, what can they do with the extra money?
Taxman demanded over £300,000 to cover nearly 20 years of missed payments
Move follows mutual recognition of certifications between the two countries
Gross mismanagement had resulted in people losing their funds
There’s been a nearly 50% increase between February and March 2019
He stole £670,000 from a collapsed firm after his business partner died in 2008
It hopes to help put things right where it has treated customers poorly
Levels of harm still high as the FCA vows stronger protection