FCA
AILO slates claim int’l life companies complicit in UCIS sales
The Association of International Life Offices (AILO) has criticised a claim that life companies are complicit in the distribution of unregulated investment schemes.
United Kingdom | 16 Oct 15
FCA bans former UBS rogue trader Adoboli
The Financial Conduct Authority has banned Kweku Mawuli Adoboli, the former UBS trader who unauthorised trading caused the Swiss bank to lose $2.25bn, from performing any function in relation to any regulated financial activity.
Tax & Regulation | 15 Oct 15
FCA announces make up of advice review advisory panel
The Financial Conduct Authority has released the names of the members of the external, expert advisory panel that will assist in the Financial Advice Market Review.
Tax & Regulation | 15 Oct 15
Sale of unregulated schemes now ‘pandemic’ in expat markets
Unregulated collective investment schemes are increasingly being sold to retail investors in some expat markets since the FCA banned their sale in the UK last year, an advice firm has warned.
United Kingdom | 13 Oct 15
UK complaints long-stop proposal praised by advisers
The Financial Conduct Authority’s proposal to introduce a long-stop for claims against financial advice has been met with optimism by advisers.