News
RL360 agrees £1.95m settlement with Isle of Man regulator relating to AML procedures
The IFSA has been undertaking a review of Isle of Man based companies’ AML procedures and has already issued fines to other financial services companies based on the island, with RL360 being the biggest so far
Fidelius takes stake in IFA Vobis
Vobis has over £140m in assets under management
ASIC cancels Australian financial services licence of Brite Advisors
Last year, II reported Australia’s Federal Court ordered Brite Advisors Pty Ltd to ‘be wound up on just and equitable grounds’
Middle East | news 1 May 25
Hoxton Wealth sets out financial planning strategies for global expats in Qatar
Only 35% of expats said that they had a financial plan
MAC Group acquires Thornton Chartered Financial Planners’ business
The deal brings the group’s client assets to nearly £1bn