many advisers failing to disclose fees fca
Almost 60% of firms are failing to give clients clear, upfront information on how much their financial advice will cost, according to a report from the FCA.
Almost 60% of firms are failing to give clients clear, upfront information on how much their financial advice will cost, according to a report from the FCA.
As the deadline for public comment passed last week on a proposal to implement a public registry of beneficial owners in the Cayman Islands, companies and organisations with a presence there weighed in on the matter with most expressing criticism of the plan.
The Cayman Islands and Costa Rica are the latest jurisdictions to have signed up to the US Governments automatic exchange of tax information initiative, the Foreign Account Tax Compliance Act.
Walker Crips has defended its decision to launch a short term lending fund with the former funds director of the suspended Connaught Asset Management series of funds at the helm.
Offshore financial centre the Cayman Islands, long famed for its secrecy, is reportedly planning to open thousands of companies and hedge funds domiciled there to increased scrutiny.