United Kingdom
Unauthorised investment firm and director sued
FCA wants to recover £2.8m that was taken ‘unlawfully’ from retail investors
PE-backed wealth manager takes minority stake in IFA firm
It is the first of many such deals the two-year-old company has planned
£2.7m investment fraudster jailed
Scammer targeted and cold-called at least 175 victims
11% rise in UK advice M&A deals
‘Signals point to even further consolidation in the year ahead’
FCA tells crypto firms to comply with financial promotions regime
But regulator is struggling to tackle unauthorised businesses targeting Brits