Tax & Regulation
Dubai investment firm has licence suspended
Regulator had ‘serious concerns about the adequacy of its financial resources’
Fintech group under investigation in Singapore
Regulator and police force jointly looking into possible regulatory breaches
South African regulator warns of clone advice firms
They used names similar to Stanlib and PSG Wealth Financial Planning without authorisation
Indian life insurers must offer annuity product
It will have ‘simple features and standard conditions’ to ‘reduce mis-selling and potential disputes’
Attack of the clone firms cost investors £78m in 2020
‘No surprise mendacious fraudsters have ramped up attempts to swindle hard-working people’