Companies
Dubai FSA sees 25% surge in licensing to reach 791 firms over the last year
More than 40 domestic fund registration applications were received during the year
St James’s Place takes 20% stake in partner firm’s parent company
Cooper Associates WM has approximately £750m in assets under management and 18 financial advisers
London Capital & Finance auditors PWC and EY fined over £4m each for ‘serious breaches’
LCF went into administration on 30 January 2019, owing about £237m to 11,625 individual bondholders
International wealth group Kingswood confirms additional £3m debt facility
The interest rate is 12%, paid at maturity
MWA Financial grows AUM by £100m with acquisition of UK financial adviser
All three advisers and their support staff will all remain with the business