PIMFA pushes FOS on CMCs

PIMFA suggests that FOS should review its approach and seek to levy a higher charge, which would result in firms and CMCs sharing the burden of case fees

Asia | news 2 Jul 24

First conviction for fraudulent OTC bond trading under Singapore law

The Monetary Authority of Singapore (MAS) has announced the first successful conviction for fraudulent over-the-counter bond trading under the country’s Securities and Futures Act

II Awards 2024-25 set for launch on Friday 12 July

IA Publisher Money Map Media reveals plans for three awards for its publications II and IA win 2024

Investment | news 1 Jul 24

Nucleus expands operations with completion of Third Financial acquisition

The Nucleus group now has £97bn of assets under administration (AUA) Third Financial’s software service supports the administration of a further £40bn of assets, the company said.

Europe | news 1 Jul 24

Skybound Wealth Management opens new office in Cyprus

Mike Coady, chief executive officer of Skybound Wealth Management, said that the new offices in Cyprus was “a strategic decision” aimed at expanding the company’s footprint in Europe.

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