PEOPLE MOVES: Eastspring, Meyado, STM Group
Eastspring chief executive’s retirement followed by two senior departures
Eastspring chief executive’s retirement followed by two senior departures
The firm is looking to help investors preserve their wealth against a backdrop of various geopolitical issues
The group has implemented all recommendations made by Deloitte
Investigation into the cross border financial services provider is closed with no charges made
High-profile court case not a barrier to the deal
No redundancies planned as part of Brexit-related move
Duncan Crocker named as non-exec chairman
Crossborder provider executing plan to address regulatory shortcomings
STM Group has taken the first steps to boost its compliance and governance in the wake of a critical report.
STM Group’s Gibraltar based companies have pledged to strengthen oversight and sharpen procedures in the wake of a long awaited special investigation into their practices.
Investigators from Deloitte looking into compliance at STM subsidiaries in Gibraltar will finalise their report “on receipt of the respective management responses from the various Gibraltar businesses”, the financial services firm said.
A report that could exonerate STM Group subsidiaries of suspected compliance failings has been delayed until the end of the month.