Professionalism and Ethics in Financial Planning – A recent study of financial advisers in Australia found that the giving of inappropriate advice without a reasonable basis was one of the top ten forms of unethical conduct in Australia. (See Smith J, 2010 Professionalism and Ethics in Financial Planning, PhD dissertation, Victoria University.) read more http://vuir.vu.edu.au/15535/1/june_smith.pdf

Spearpoint launches £150m Arch Cru suit – Administrators of the failed Arch Cru funds are lining up a £150m High Court battle against the funds’ former investment manager.  Guernsey-based Spearpoint has submitted a claim alleging that Arch Financial Products breached fiduciary duties in running the funds and that it also took £5.4m in “secret profits” […]

What makes an outstanding chairman? The views of more than 400 directors – A unique survey reflecting the views of 430 chairmen and directors from more than 900 boardrooms. This Directorbank report is unique in two ways. It is drawn from the experiences of a great diversity of boardrooms – from venture capital backed growth […]

TRAINING EVENT – 2 DEC 2011 : Handling Discipline – Training Event for Business Owners and Senior Managers – As an employer your goal is to employ the best people and for them to perform to their highest levels. But: • What happens when things go wrong? • What legal rights do you and your staff […]

Zeid and Others vs. Credit Suisse – AN ENGLISH COURT PERSPECTIVE – Mr Justice Teare’s written judgment in Zeid and Others vs. Credit Suisse UK was published three weeks ago, on 4th October. This judgment should in any event now be required reading for any compliance and legal professionals working in a retail, asset management […]

Risk Control Self Assessment [RCSA] – Sound Practice Guidance – March 2010 – The aim of an operational risk framework is to identify, assess, control and mitigate operational risk and to champion effective reporting of risk and emerging risk issues. RCSA forms an integral element of the overall operational risk framework, as it provides an excellent […]

PEP Sub-Classification – useful guidance from World-Check – PEPs pose different levels of risk to your organisation and require specific treatment and monitoring based on their status.  Identifying the classification level of a PEP before screening takes place, amidst constant changes and updates, presents a particular challenge for organisations. In order to assist organisations to […]

PEP Sub-Classification – useful guidance from World-Check – PEPs pose different levels of risk to your organisation and require specific treatment and monitoring based on their status.  Identifying the classification level of a PEP before screening takes place, amidst constant changes and updates, presents a particular challenge for organisations. In order to assist organisations to […]