Tax & Regulation
Abu Dhabi and Australia sign cooperation deal for fintech push
The Abu Dhabi Global Market’s Financial Services Regulatory Authority (FRSA) has signed a cooperation agreement on financial innovation with the Australian Securities and Investments Commission (Asic).
Tax & Regulation | 26 Jul 17
Banned IFA found guilty of forging clients’ signatures
A former financial adviser in the UK has been found guilty of forging his clients’ signatures on investment documents following a 10-week trial at Derby Crown Court.
Tax & Regulation | 26 Jul 17
Advisers and asset managers hit by FCA senior manager changes
Advice firms and asset managers will be brought under the FCA’s Senior Managers and Certification Regime (SMCR) from 2018, the watchdog has announced.
China remains a hotbed for Ponzi schemes despite crackdowns
Ponzi schemes remain rife in China because of financial naivety and a collective desire for unfeasibly high returns, an academic at the Renmin University of China in Beijing has said.
Tax & Regulation | 25 Jul 17
Firms late with Mifid paperwork need emergency plans, says FCA
Financial firms that have missed the deadline to submit crucial information for compliance with Mifid II rules must have contingency plans in place, the UK’s Financial Conduct Authority (FCA) has warned.