Hong Kong financial watchdog hands out two-year ban
They ‘failed to act with due skill, care and diligence and in the best interests of the clients’
They ‘failed to act with due skill, care and diligence and in the best interests of the clients’
As it asks banks to cooperate with ‘accidental’ Americans
Industry ‘still in the dark’ as speculation mounts over future fiscal measures
‘Decline started well before international borders closed’
Supplementary levy needed as life and investment intermediary claims surge
This will create an ‘unprecedented explosion’ of direct investment in the country, says DeVere CEO
Products mis-selling, breaches of business conduct rules and serious impropriety most investigated
FCA ‘needs independent oversight’ to make it ‘answerable for its actions’
Increased regulation which disincentivises selling may leave clients without products
Commission ‘pretends to be confident but they have a very weak hand’
After he scammed clients out of more than ZAR12m over a six-year period
Speculation UK watchdog is looking to remove permissions from firms not active in the market