FSCS declares nine financial firms in default
The FSCS is calling all customers affected to get in touch
Regulation
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Navigating conflicts between Mifid II and GDPR
GDPR somewhat contradicts Mifid II when it comes to personal data, according to Teleware chief executive Steve Haworth
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FCA to prosecute Surrey man over unauthorised fund
Alleged offenses took place over a period of almost nine years
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FBI adds UK investment scammer to most wanted list
Precious metal scam defrauded $400,000 from at least 12 victims
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FCA goes after two introducers over pension transfers
UK regulator reveals the names of two companies and three individuals
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Advisers claim FOS biased towards complainants
In a recent IFA survey, 83% thought the financial ombudsman treated them as “guilty until proven innocent”
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Celebrities and business leaders sue Ingenious
Claimants expect to recover around £200m from the film investor
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Cryptocurrency scams net £2m in two months
Victims lost £10,000 on average in the ‘get rich quick’ con over June and July
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Advisers eye less regulation outside Brussels’ rule
Will IFAs see a lightening of the regulatory burden when the UK finally leaves the EU?
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Advisers defeated by platform switching
FCA worried established clients are stuck on expensive legacy platforms
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Defendant pleads guilty in Beaufort Securities case
A British citizen has also been extradited to the US to stand trial
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UK Insolvency Service shuts down rogue investment scheme
Investors were quoted returns of 10-15% per week or month
