Regulation
Gemcorp Capital gains financial services licence in Abu Dhabi GM
it has also opened a new office in Abu Dhabi
Middle East | 4 Oct 24
DFSA fines OCS International Finance Limited over ‘mismanaged’ $46m of client funds
The Dubai Financial Services Authority also imposed a fine on the CEO of OCS
Macquarie Bank fined a record $4.9m for ‘serious market gatekeeper’ failure
On 50 occasions, from January to September 2022, Macquarie breached market integrity rules
Regulation | 23 Sep 24
HMRC account freezing orders jump more than 170% in three years
AFOs allow a court to order bank accounts to be frozen for up to two years while law enforcement agencies investigate source of funds
Investment | 19 Sep 24
Temporary suspension of cost disclosure rules is ‘breakthrough’ for investment trusts
The change in stance follows statements from the UK Treasury and FCA