News
Investment | news 21 Dec 17
Trio jailed for misleading investors in £1.4m scam
Three people have been jailed for their role in an investment scheme which misled vulnerable older people into buying £1.4m of worthless shares.
Hargreaves backs Woodford despite rejection threat
Hargreaves Lansdown has backed Neil Woodford’s flagship equity fund despite fears it could drop out of its Investment Association sector on the back of lacklustre performance in 2017.
Best Practice | news 21 Dec 17
FCA hints passporting will continue after Brexit
In a move that clashes with comments made by the European Union’s chief Brexit negotiator, the Financial Conduct Authority has reassured firms that current passporting arrangements between the UK and EU will continue after the UK exits the EU.
Alternatives | news 21 Dec 17
Offshore jurisdictions vie for cryptocurrency dominance
While investors may find the allure of stellar returns on Bitcoins too much to resist, offshore centres are catching up to offer services and regulations for the emerging cryptocurrencies.
Firms given a six month reprieve on key Mifid II rule
The Financial Conduct Authority has backed a move by the European regulator to give firms a six-month reprieve if they fail to secure a key Mifid II requirement from clients.