Fine
Aussie wealth firm fined record A$57.5m
After it breached ‘fees for no service’ rules
UK regulator netted £224m from enforcement action
Sum is slight decline compared to the previous financial year
Ex-Guardian Wealth Qatar CEO hit with fine and ban
But financial hardship and coronavirus see the penalty commuted
Ex-DeVere duo fined $750,000 by US regulator
One was also handed a permanent ban
Guernsey insurer and five directors fined over £150,000
It failed to oversee its UK outsourcing business