United Kingdom
UK at risk over Chinese money laundering
UK authorities have been warned that attempts to establish London as a hub for Chinese currency dealing could be scuppered by the increased use of the renminbi by money launderers.
United Kingdom | 2 Sep 14
Sesame most complained about advisory firm
Sesame received more complaints than any other advisory firm over the first half of 2014, the Financial Ombudsmen Service (FOS) has revealed in its half year results.
Worried about fine inflation Woodford sells HSBC
Neil Woodford has sold his recently acquired stake in HSBC, on the back of concerns about the growing number and size of regulatory fines faced by banks.
United Kingdom | 29 Aug 14
FCA fines and bans broker over dishonest UCIS
The Financial Conduct Authority has fined and banned an IFA for life after he was found to have sold unregulated funds to retail investors.
Vanguard slashes prices on 25 funds
Vanguard has fired the latest salvo in the passive fund price war, slashing fees on 25 of its funds.