Guernsey
Tax & Regulation | 16 Aug 17
Fraud trial of Lumiere Wealth’s Byrne set for summer 2018
The former managing director of defunct Jersey-based IFA firm Lumiere Wealth, Chris Byrne, will likely stand trial in summer 2018 for, among other things, fraud and knowingly making misleading or deceptive promises to clients.
Tax & Regulation | 10 Aug 17
Crown dependencies should be able to elect MPs, says Tory MP
Britain’s crown dependencies should be granted the same parliamentary representation given to devolved jurisdictions, a former member of the UK Parliament’s Foreign Affairs Committee has said.
Guernsey regulator fines and bans directors for incompetence
Two current and one former director of Guernsey-based Capital Solutions Limited have been fined and banned by the island’s regulator for serious lack of competence and judgment.
Best Practice | 12 Jun 17
Financial advice tops Channel Island Ombudsman complaints
Nearly half of the investigations handled by the Channel Islands’ Financial Ombudsman (CIFO) last year related to investments and funds, with financial advice the single most complained about area.
Guernsey regulator issues warning on new Sark company registry
Guernsey’s financial regulator has issued a warning about an organisation on the nearby tiny Channel Island of Sark, where it has a website promoting a company registry there for the first time.