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FSA fines UK firm for advice on offshore bonds

Offshore Bonds | 27 Jun 11

FSA fines UK firm for advice on offshore bonds

The FSA has fined a Kent IFA £14,000 after more than 20 clients were ‘unsuitably’ advised to redeem offshore bonds and invest in new ones, netting nearly £100,000 commission for the firm.

IMF issues long-awaited report cards on Jersey, Isle of Man

Industry | 27 Jun 11

IMF issues long-awaited report cards on Jersey, Isle of Man

International Monetary Fund officials today issued their long-awaited assessment of the financial health of the Isle of Man and Jersey, following visits to the Crown Dependencies last September and No

Jersey Parliament expected to give final approval to draft depositor compensation scheme next month

Industry | 27 Jun 11

Jersey Parliament expected to give final approval to draft depositor compensation scheme next month

The Jersey States Assembly is expected to give final approval to a draft depositor compensation scheme on 20 October.

Economic recovery in the process of beginning

Profiles & Comment | 27 Jun 11

Economic recovery in the process of beginning

Bob Doll, vice chairman and global chief investment officer of equities at BlackRock, believes the

DIFC licence for Mena absolute return house

Industry | 27 Jun 11

DIFC licence for Mena absolute return house

Gulfmena Alternative Investments, a Middle East North Africa region absolute return fund house, has received an asset management licence from the Dubai International Financial Centre (DIFC).

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.