United Kingdom
North America | 3 Jul 17
Banned UK fraudster charged with £37m investment scam in US
A man disqualified from working as a director in the UK has been charged with fraud by the US Securities and Exchange Commission (SEC) for misleading investors in a $37m (£28m, €32m) scam.
Tax & Regulation | 3 Jul 17
Film scheme fraudsters ordered to repay over £2m
A former IFA, an accountant and two film producers have been ordered to repay more than £2m ($2.6m, €2.3m) that they scammed from investors in a film tax fraud.
UK fund managers fear dud deal on Brexit
Most UK fund managers fear the government has no idea what the asset management industry needs from Brexit to secure a good deal, according to research by consultancy MJ Hudson.
Utmost adds two offshore bonds with Axa Life acquisition
Utmost Wealth Solutions has added two Dublin-based offshore bonds to its range following the completion of its acquisition of the investment bond business of Axa Life Europe.
IFAs Bellpenny and Ascot Lloyd in mega merger
Bellpenny and Ascot Lloyd have completed a merger that will create a financial planning company with £6bn ($7.8bn, €6.8bn) of funds under management.