Tax & Regulation
Property directors banned after conning investors out of £7.7m
Funds were spent on international flights and designer clothing as well as £3.1m sent to Dubai company
Need for ‘consistent’ DB advice sparks regulatory guidance
FCA says firms will need to change processes where ‘their approach falls short of the standards’
Mini-bond victims to appeal FSCS judicial review
Judge expressed ‘greatest sympathy’ for investors but dismissed their claim
UK and EU agree post-Brexit financial services deal
But memorandum of understanding is yet to be signed
Tech giants targeted as UK gov’t urged to toughen up on scams
Country facing a ‘scams epidemic’ with around ‘£10bn stolen from retirement pots since 2015’