Europe
Regulator gives STM more time ahead of failings probe
The Gibraltar Financial Services Commission has agreed to stand inspectors down ahead of a new court date.
Regulator calls on STM to ‘work together’ over failings probe
Gibraltar’s financial regulator has called on STM Group to “work together” after the firm ordered lawyers to block a probe into potential failings at the firm.
Legal and General IM acquires ETF platform Canvas
Legal & General Investment Management is to acquire ETF Securities’ European exchange-traded fund platform Canvas, which has $2.7bn (£20.5bn, €22.8bn) of assets under management.
EU pledges action on ‘Paradise’ tax avoiders
Pressure on the EU to act on offshore tax havens increased this morning after MEPs queued up to severely criticise wealthy tax avoiders and their advisers.
Ex deVere duo to head Guardian’s new Swiss office
Guardian Wealth Management has opened an office in Basel, Switzerland and poached a duo from deVere to run it.