Industry
Conduct of Business – what will happen on 1 July?
The final phase of the Isle of Man Conduct of Business Code (COB) comes into effect on 1 July. It will set the regulatory benchmark for other jurisdictions to follow.
IFAs already struggling to find PI cover
But increasing cost could go against Financial Advice Market Review objectives
UK taxman to stop fraudsters using ‘spoofing’ tactics
Scams mimic HMRC’s helpline numbers to steal money from taxpayers
Spanish financial planning association joins Europe trade body
Agreement will develop best practice outcomes in the IFA and intermediary space
EU regulator concerned about Malta’s financial supervision
Island has suffered a number of setbacks including the closure of three banks