Gang raided in joint UK-Romanian fraud operation
They pretended to help scam victims only to defraud them a second time
They pretended to help scam victims only to defraud them a second time
He stole around £300,000 via a ‘dishonest and sophisticated scheme’
EU report questions compatibility of US legislation with European data privacy provision
‘These need an urgent overhaul, particularly at a time of rampant inflation’
It was already authorised to carry out full securities and investment business in the country
But just 24% of cases were upheld in H1 2022, Ombudsman data shows
Most of which sits in retirement funds in part because of inadequate record keeping by intermediaries
Personal information of 15 million wealth customers was allegedly not disposed of properly
While advisers in the region turn to DFMs to streamline investment offering
‘Shrewd move’ will encourage more HNWs to flock to territory
Over 1,400 clients were charged for financial advice they didn’t receive
Some firms find them ‘too costly and complex’ to have as customers