Regulation & Tax

A roundup of the latest funds news impacting the wealth management sector...

The Financial Conduct Authority (FCA) has requested information from firms about the delivery of their ongoing advice services and the Consumer Duty.

Wealth management trade association PIMFA has raised concerns about the impact of making public possible enforcement against firms by the Financial Conduct Authority (FCA).

During the California gold rush of the mid-1800s, the state became a symbol of hope, aspiration and adventure. But as towns grew and the west became more populous, a sense of lawlessness took root too, and the notion of the Wild West had very clear negatives alongside its ‘promised land’ perception.

Dutch wealth manager Van Lanschot Kempen has named Damla Hendriks as chief risk officer.

Digital investment and private equity Moonfare has appointed Sonja Hilkhuijsen as the sixth member of its advisory board.

The Serious Fraud Office (SFO) has raided three residences and made four arrests in Merseyside and Greater Manchester in connection to a real estate investment scheme.

Fraudster Guy Flintham has pleaded guilty to fraud at Southwark Crown Court, following a prosecution brought by the Financial Conduct Authority (FCA).

Alexander Cowan-Sanluis, chief executive at wealth tech Platform One, recently spoke to thewealthnet about his trip to Saudia Arabia as part of the Saudi British Joint Business Council’s UK fintech delegation.

German financial regulator BaFin has warned Deutsche Bank AG that it must take specific measures to improve data processing systems for monitoring transactions to prevent money laundering and terrorist financing