News
United Kingdom | news 5 Jun 14
Firms face 460m annual bill for regulation
Advisory firms based in the UK are spending an estimated £460m each year on the direct and indirect cost of regulation, according to a recent study.
United Kingdom | news 5 Jun 14
Coutts reviews client advice
Coutts has written to clients to inform it is conducting a review into the suitability of its historic investment advice, a response to the regulators Dear CEO letters sent in 2011.
europe banks face rising fines bill
Europe’s biggest banks are facing estimated fines of $103.5bn from regulators around the world, according a briefing note from analysts at Credit Suisse.
People Moves | news 5 Jun 14
Mike Warren joins Alquity as non executive
Alquity Investment Management has appointed former Thames River investment director Mike Warren as a non-executive director.
Fin holding cos under MAS purview
Singapores regulatory authorities are working on norms that would bring financial holding companies under its ambit as it seeks to enhance the regulatory framework for combating money laundering and terrorism financing.