Industry
Best Practice | 9 Apr 18
FCA will ‘absorb’ Brexit-related costs
The Financial Conduct Authority (FCA) says its next annual budget and business plan will make explicit the costs associated to Brexit that it will have to absorb, news that will likely be welcomed by the financial services industry.
Best Practice | 6 Apr 18
FCA targets cryptocurrency advisers
The Financial Conduct Authority has set its sights on those offering and advising on cryptocurrency derivatives, saying there will be consequences if they do not comply with current regulation.
Woodford pharma darling proposes de-listing and liquidation
Abaco Capital, a pharmaceutical company majority-owned by Neil Woodford, has announced its intention to cease trading on the Aim exchange and enter voluntary liquidation after failing to make a mandatory takeover bid.
PEOPLE MOVES: AJ Bell, Charles Stanley, Intertrust
AJ Bell has brought in a legal ringer ahead of its initial public offering, Charles Stanley has bolstered its Edinburgh office with three ex-Tilney people and Intertrust has appointed a director to support clients who need to defer bonus payments.
OMGI inks US and LatAm distribution partnership
Old Mutual Global Investors has entered into a relationship with a recently established, Miami-based, third-party distribution firm, as part of its commitment to the US offshore and Latin American regions, the firm said.



