FCA
United Kingdom | 20 Mar 15
FCA bans two former TMI directors
Two former directors of failed financial advisory firm TailorMade Independent, which advised clients on self-invested personal pension transfers into troubled overseas property company Harlequin, have been banned by the Financial Conduct Authority.
Offshore advisers look to UK in run-up to QROPS
Nearly one third of offshore advisers have formed links with UK advice firms in preparation for the Financial Conduct Authority’s restrictions on QROPS transfers, says a survey by Old Mutual Wealth
Investment | 16 Mar 15
Hume Capital Securities suspends
AIM-listed London broker Hume Capital Securities (HCS) has requested the suspension of trading in its shares after failing to raise enough funds for new business.
United Kingdom | 13 Mar 15
FCA sets final rules on social media use
The UK’s Financial Conduct Authority has ruled that when a financial services firm shares customer endorsements over social media it could be covered by its promotion rules, and it has set out clearer guidance on how employees can use their personal social media accounts.
Tax & Regulation | 13 Mar 15
Life ban for BlackRock fare dodger was ‘disproportionate’
The Financial Conduct Authoritys lifetime ban on an ex-BlackRock managing director who avoided £43,000 in ticket fares has been described as disproportionate and draconian by the head of the representative body for the UKs securities and investment industry.