Aussie regulator sues banking giant
For allegedly misleading customers and failing to provide promised benefits for three decades
For allegedly misleading customers and failing to provide promised benefits for three decades
Swiss regulator is ‘in contact’ with the firm on the issue
It will help ‘industry participants reduce compliance cost’
Compensation pay-outs for former Continental Wealth clients upheld
As nearly half want more resources allocated to open up access to financial advice
FPI says it is in talks with regulator ‘to understand the implications for both providers and advisers’
‘The CII is in discussions with the ADGM currently and hopes to work with them closely going forward in 2022’
But watchdog criticised for lack of ‘clarity’ and ‘credible regulatory threat’ against ‘bad actors’
Members will need to vote on two resolutions for the deal to go ahead
It is seeking views on the purpose, scope and funding of the FSCS compensation framework
Regulator does not ‘routinely collect data from firms on their issuing/distribution of these products’
In a bid to ‘address the harm arising in this market’