Tax & Regulation
Singapore regulator fines Bank J Safra Sarasin S$1m
Bank failed to establish source of wealth and funds of clients and beneficial owners
Do Brits who overstay in EU post-Brexit face deportation?
Those lacking a visa and/or residency may be in danger of breaching EU visitor rules
UK regulator bans and fines financial adviser
After he provided investment advice to retail customers when he ‘was not qualified or approved to do so’
Advisers worried higher levies will hurt clients
And impact their profitability as current climate is seen as unsustainable
Global Ponzi scheme fraudster Bernie Madoff has died
He scammed 37,000 people in 136 countries out of nearly $65bn