SEC unveils stricter outsourcing requirements for advisers
Regulator places due diligence and monitoring in the spotlight
Tax & Regulation
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Malta golden passport revenue set to plummet
Government sources reportedly say scheme is ‘dying’
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Greenwashing concerns rife among advisers
Reputational risk for recommending funds is a top worry for IFAs
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Investment companies wound up over £2m scam
They promised high interest rates on convertible loan notes
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Aussie regulator sues crypto provider over ‘misleading’ statements
It claimed that its tokens were regulated and approved in the country
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FCA unveils sustainable fund labels in greenwashing crackdown
SDR consultation proposes fund labelling, disclosure and marketing rules
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Advisers ‘can’t afford to delay preparations’ for Consumer Duty
They are in ‘real danger’ of letting the FCA’s deadline pass them by
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Credit Suisse to pay €238m to settle private banking tax case
Swiss bank makes no admission of guilt under terms of the agreement
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Financial advice business fails
UK lifeboat scheme has already received pension-related claims against it
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UAE ruling sets precedent for expat divorces
It has opened up the possibility of having a choice of jurisdiction
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Taxman rakes in record £3.5bn in IHT in just six months
Increase in inheritance tax receipts ‘will be music to the ears’ of the Treasury
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£890m lost to investment fraud last year
39% of victims were between the ages of 20 and 39