Private bank obtains Cayman licence
It can now offer services to HNW individuals residing in the region
It can now offer services to HNW individuals residing in the region
Some of the defendants allegedly used victims’ money to fund their lifestyles
148,000 accessed their pension in the first half of 2022
It promised victims returns of up to 200%
Regulator places due diligence and monitoring in the spotlight
Government sources reportedly say scheme is ‘dying’
Reputational risk for recommending funds is a top worry for IFAs
They promised high interest rates on convertible loan notes
It claimed that its tokens were regulated and approved in the country
SDR consultation proposes fund labelling, disclosure and marketing rules
They are in ‘real danger’ of letting the FCA’s deadline pass them by
Swiss bank makes no admission of guilt under terms of the agreement