United Kingdom
Tax & Regulation | 9 Dec 15
FCA unveils new capital rules for financial advisers
The UK Financial Conduct Authority (FCA) has unveiled a sharp rise in the minimum capital requirements for investment advisers, which will come into force on 30 June 2016.
People Moves | 7 Dec 15
Investment Association closes regulatory unit as SJP quits
The UK’s Investment Association has broken up its regulatory affairs unit and announced the departure of its head, Richard Metcalfe, as another member confirmed it also planned to leave.
Tax & Regulation | 7 Dec 15
Top UK cricketers caught up in film scheme losses
Several former England cricket captains have been caught up investing in disputed film schemes that have also seen many high-profile footballers lose millions.
Tax & Regulation | 3 Dec 15
APFA finds regulatory costs eat up 12% of adviser’s income
Small to mid-sized UK financial advisory firms are spending around 12% of their income on direct and indirect regulatory costs, according to the latest annual survey on the cost of regulation by the Association of Professional Financial Advisers (APFA).
French structured products specialist launches in the UK
Hilbert Investment Solutions, a specialist structured products firm, has gained approval from the Financial Conduct Authority (FCA) to operate in the UK.