UAE unveils crackdown on banks selling insurance policies
The UAE Central Bank is cracking down on insurance products sold via banks after receiving a growing number of mis-selling complaints.
The UAE Central Bank is cracking down on insurance products sold via banks after receiving a growing number of mis-selling complaints.
Guernsey has announced plans to overhaul its regulatory regime for pension product providers to bring it closer in line with the current international best practice standards.
Isle of Man-headquartered Boal & Co has launched its first Malta-based Qrops as part of a strategic shift of marketing these schemes away from the Asia region.
The Serious Fraud Office (SFO) has opened a criminal investigation into an alleged fraudulent investment scheme marketed by Ethical Forestry Limited and “associated companies” between 2007 and 2015.
The Financial Conduct Authority (FCA), the UK’s financial services regulator, is currently investigating overseas pension transfers as part of a move to tackle widespread investment fraud, according to Paul Davies, director of advisory firm bdhSterling.