News
Best Practice | news 13 Dec 17
SJP stops British Steel pension transfers amid industry scam concerns
The chair of the UK’s Work and Pensions Select Committee has described the British Steel Pension Scheme as a “honeypot for scammers”, as St James’s Place confirms it has stopped accepting transfer requests from scheme members in an unrelated move.
South Africa to reinstate tax courts
With a growing number of South Africans not submitting tax returns, the nation’s revenue service is looking at bringing back tax courts in a bid to step up its enforcement efforts.
Police probe STM despite court threat
Anti-money laundering officers are investigating STM Group in Gibraltar despite a month old court bid designed to block the police inquiry.
Convoy raids put Hong Kong firms on notice
Hong Kong’s financial services firms can expect greater regulatory scrutiny as an unprecedented joint probe by the Independent Commission Against Corruption (ICAC) and the Securities and Futures Commission (SFC) paves the way for future investigations.
Latest news | news 13 Dec 17
Fraudster given 400 extra days in prison
A UK conman who cold called and pressurised investors has been given additional jail time for failing to pay back ill-gotten gains.