Tax & Regulation
Dubai regulator fines firm $600,000 for illegal activities
It provided physical cash to its clients and breached anti-money laundering rules
Another mini-bond firm enters administration
It comes after a group of LCF investors launched a crowdfund campaign to challenge the FSCS
UK tax disputes on hold for at least three months
An out-of-court settlement could be best way for those affected
Victims crowdfund to sue lifeboat scheme
After FSCS concluded just 1% of LCF bondholders are eligible for compensation so far
FCA lays down law over PI cover during pandemic
It will consider ‘taking action’ where it sees evidence renewal process is being affected