South African regulator bans adviser exam cheats
South Africa’s Financial Services Board (FSB) has taken action against a large number of individuals who cheated or facilitated cheating on exams to become qualified financial planners.
South Africa’s Financial Services Board (FSB) has taken action against a large number of individuals who cheated or facilitated cheating on exams to become qualified financial planners.
The IHT take has risen dramatically in the UK over the last two years leading insurer NFU Mutual to warn that HM Revenue & Customs may be getting more aggressive with estates, despite the introduction of a new nil rate residence band.
The Financial Conduct Authority’s extension of its Senior Managers Regime to almost all regulated companies in the UK will help weed out “reckless and criminal firms”, financial adviser support firm SimplyBiz Group said.
Brazilian football star Neymar has been cleared of any criminal charges in a long-running tax evasion case in Brazil, with the judge citing a “lack of just cause”.
Undocumented expats in Saudi Arabia hoping for another amnesty to allow them to leave the Kingdom without prosecution are set for disappointment after it was confirmed that there will be no further extensions.
The Abu Dhabi Global Market’s Financial Services Regulatory Authority (FRSA) has signed a cooperation agreement on financial innovation with the Australian Securities and Investments Commission (Asic).
A former financial adviser in the UK has been found guilty of forging his clients’ signatures on investment documents following a 10-week trial at Derby Crown Court.
Advice firms and asset managers will be brought under the FCA’s Senior Managers and Certification Regime (SMCR) from 2018, the watchdog has announced.
Ponzi schemes remain rife in China because of financial naivety and a collective desire for unfeasibly high returns, an academic at the Renmin University of China in Beijing has said.
Financial firms that have missed the deadline to submit crucial information for compliance with Mifid II rules must have contingency plans in place, the UK’s Financial Conduct Authority (FCA) has warned.
South Africa’s decision to tax expats and overseas workers on their foreign income is totally unjust, highly discriminatory and achingly regressive, says deVere Group founder and chief executive Nigel Green.
A UK judge has ruled the Financial Conduct Authority can claw back £350,000 ($455,837, €391,249) from a former Schroders fund manager convicted of insider dealing.