05/13/2014
Speech by Clive Adamson, FCA Director of Supervision, at the Building Societies Association (BSA). This is the text of the speech as drafted, which may differ from the delivered version.
05/13/2014
Firms must present their fund charges clearly and consistently, the Financial Conduct Authority said today, so that retail investors are able to compare charges before making decisions on where to invest.
05/12/2014
Pakistan is to hold talks with Switzerland on a new tax treaty
05/12/2014
The US wants Credit Suisse to plead guilty to charges of helping Americans avoid taxes through the use of Swiss bank accounts.
05/12/2014
The U.S., which has been investigating Credit Suisse for at least three years into whether it helped Americans evade taxes
05/12/2014
The taxman removing cash from personal bank accounts is an abuse of power
05/11/2014
Swiss banks are currently undergoing an exercise in attrition
05/11/2014
The regulator said the unit treated the phrases interchangeably, even though indications of interest lead to share purchases only if investors reconfirm them, while conditional offers to buy can result in binding share purchases unless investors revoke th
05/09/2014
A mix of senior bancassurance selectors and wealth management professionals were sampled for the survey, which polled on a range of industry-specific issues, including business practices, industry outlook and regulations.
05/09/2014
Investment managers should only use client dealing commission to pay for substantive research or costs related to executing trades
05/09/2014
Virtual currency is something that can be difficult to wrap your brain around, but if you are using it, make sure that you understand how the IRS views virtual currency.
05/09/2014
Powerball-winning Florida adviser with stake in fund accuses firm of breaching fiduciary obligations
05/08/2014
The declaration urged countries to implement a new single global standard on automatic exchange of information
05/07/2014
Morgan Stanley wealth management fined $5 million for supervisory failures
A Wall Street regulator fined a Morgan Stanley wealth management unit $5 million on Tuesday for supervisory failures related to the sale of shares to retail customers in 83 initial public offerings, including Facebook Inc and Yelp Inc.
05/07/2014
Morgan Stanley wealth management fined $5 million for supervisory failures
The regulator said the unit treated the phrases interchangeably, even though indications of interest lead to share purchases only if investors reconfirm them, while conditional offers to buy can result in binding share purchases unless investors revoke th
05/07/2014
National law firm launches Private Wealth offering
The team advises private clients including business owners, entrepreneurs and landowners, as well as institutional trust and estate service providers and charities.
05/07/2014
More than 60 countries and jurisdictions have now committed to early adoption of the standard, and additional Global Forum members are expected to join this group in the coming months.
05/07/2014
Invesco Perpetual was hit with the fine for a series of trading and compliance breaches
05/07/2014
Last year they hired five lawyers
05/07/2014
The conversation usually starts with a request to write or review an anti-bribery policy with often the additional question of what limit should be set for gifts and entertainment to be recorded in the gifts register.