Tax & Regulation
Tax & Regulation | 7 Oct 16
Life-ban for former HSBC relationship manager
Hong Kong’s SFC disqualifies Chen Chia-hui from the financial services industry following her bribery conviction.
Best Practice | 6 Oct 16
CISI defends industry against UK PM’s crackdown on advisers
The Chartered Institute for Securities & Investment (CISI), a UK professional standards body for the financial services industry has defended advisers against British prime minister Theresa May’s pledge to crackdown on the profession for helping the rich avoid tax.
Harlequin Property enters insolvency to ‘protect investors’
Harlequin Property SVG, the company behind the £400m ($509m, €454m) overseas property scheme, has officially entered insolvency proceedings, a decision likely to result in hefty losses for thousands of investors.
Tax & Regulation | 6 Oct 16
Providence Global-owned Lumiere Wealth to be wound up
Jersey-based IFA firm Lumiere Wealth, which is majority owned by Providence Global, is to be wound up after a hearing held by the channel island’s Royal Court.
Tax & Regulation | 5 Oct 16
UK asset managers will have to reveal costs to pension schemes
The UK’s Financial Conduct Authority (FCA) has unveiled new rules that will force asset managers to disclose the transactions costs they charge pension schemes when investing in their funds.