Best Practice | 2 Feb 17
Financial Adviser School achieves LIBF recognition
The Financial Adviser School (FAS), the UK-based training academy owned by Old Mutual Wealth’s (OMW) Intrinsic network, has secured recognition from The London Institute of Banking and Finance.
Expats in South Africa facing ‘turmoil’ ahead of tax hikes
Wealthy expats living in South Africa are set to be hit hard by sweeping tax increases set to be announced in the country’s budget later this month.
ETF Securities drops Hong Kong asset management licence
UK-based ETF Securities has decided not to renew its asset management licence in Hong Kong, following a number of high-profile delistings in city last year.
North America | 1 Feb 17
Trump’s travel ban may lead to UK ‘influx’ of foreign HNWIs
US president Donald Trump’s controversial travel ban of some Middle East citizens could result an “influx” of high net worth individuals (HNWIs) from the region coming to the UK, according to London and Geneva-based law firm Collyer Bristow.
Ex-adviser jailed for Cambodian biofuel scam faces SFO action
A former financial adviser currently serving six years in a UK prison for his part in a collapsed biofuel investment scam, is facing further enforcement action by the Serious Fraud Office (SFO) after missing the deadline to pay a confiscation order.