Gina Miller of True and Fair has responded to the decision of the House of Commons Treasury Select Committee to question Andrew Bailey on 4 March 2020 about his suitability for the role of Governor of the Bank of England.

The True & Fair Campaign, led by co-founders Gina and Alan Miller, has published its latest report, Asleep at the wheel, an expose of systemic regulatory failure and consumer detriment in the UK financial services sector.

Wealth management firms face significant challenges when trying to keep pace with both technology development and regulation, explains Brett Williams, Managing Director, UK Private Banking at SEI. 

Investment manager PortfolioMetrix, has produced a toolkit for advisers yet to develop a PROD approach that will help satisfy the regulator.

The Senior Managers & Certification Regime that comes into effect today (9 December) is a positive step for the financial services industry – but its failure to include Appointed Representative Firms (ARFs) and their individuals is an oversight, according to Sturgeon Ventures, a regulatory incubator.

Just under two months out from the 2018/19 tax return submission deadline, KPMG is warning offshore fund investors to check their tax reporting, before HMRC does.

Brexit need not detrimentally affect the tax, legal and regulatory regimes in the UK, according to law firm Rosling King (RK).

Most UCITS fund prospectuses remain sub-optimal as tools, with even seasoned professionals often finding them difficult to understand, says a recent report by More Carrot, a company specialising in document optimisation and outsourcing for asset managers.
 

EU-registered funds held in Individual Savings Accounts (ISAs) and Child Trust Funds (CTFs) face the prospect of disqualification from these vehicles, unless they sign-up to the FCA’s Temporary Permissions Regime (TPR) by 30 October 2019.

Druces has merged with London-based law firm Sykes Anderson Perry (SAP), as part of its continued strategic growth and development.