two arrested in fsa probe into unauthorised ifas
The UKs Financial Services Authority has led an investigation into unauthorised financial advisers, leading to the arrest of two individuals in the West Midlands region of the UK.
Regions
-
-
montlake signs distribution deal
Ucits platform provider ML Capital has agreed a deal which will see it distribute funds on its Montlake platform into the German and Swiss markets.
-
three jailed for spanish boiler room fraud
Three men have been jailed in the UK for their involvement in a Spain-based boiler room investment fraud.
-
coutts expands middle east private office
Coutts has appointed Amir Sadr as head of the UAE market and private office in the Middle East, as it builds its private office presence in the region.
-
hsbc creates north asia chief executive role
HSBC Private Bank has appointed Bernard Rennell to the newly created position of chief executive for North Asia, subject to regulatory approval.
-
fidelity partners with feifa
Fidelity Worldwide Investment has become the latest company to join the Federation of European IFAs as part of its partnership programme.
-
ozouf re elected in jersey
Jersey senator Philip Ozouf has been re-elected treasury minister, as the islands legislators ignored the chief minister-designates choice for the role.
-
barclays wealth plans china desk in singapore
Barclays Wealth will expand its Hong Kong-based banking team and set up a Greater China desk in Singapore.
-
european ucits see outflows double in september
European Ucits funds saw net outflows more than double from August to September to just short of 50bn, according to the European Fund and Asset Management Association.
-
singapore life insurance sales slow
Sales of insurance products in Singapore slowed to a year-on-year increase of 18% in the third quarter of 2011, after posting a 38% leap in the first half, the Life Insurance Association of Singapore has reported.
-
hmrc writes to 6000 hsbc geneva customers
HM Revenue & Customs has this week begun writing to 6,000 UK residents who hold or held accounts with HSBC in Geneva, Switzerland, inviting them to disclose any tax irregularities.
-
sanlam buys majority stake in Swiss tax firm
Sanlam Private Investments (SPI), part of South Africa-based Sanlam Group, has acquired a majority share in Summit Trust International a Swiss international fiduciary and tax services company.