Financial Sanctions Update 18th January 2010 – F.S.C Sanctions Notices Liberia Update to Financial Sanctions The Commission has been notified that the Isle of Man Treasury has today, 18th January 2010, published new and updated information regarding the above Sanctions regime. A Department of the Treasury News Release advising details of the updated Sanctions can […]

Financial Sanctions Update 18th January 2010 – F.S.C Sanctions Notices Liberia Update to Financial Sanctions The Commission has been notified that the Isle of Man Treasury has today, 18th January 2010, published new and updated information regarding the above Sanctions regime. A Department of the Treasury News Release advising details of the updated Sanctions can […]

The National Counterterrorism Center (NCTC) today announced the release of its 2009 counterterrorism calendar. The calendar, popular with a broad spectrum of federal, state, and local first responders; homeland security professionals; policy makers; and counterterrorism experts, is now available via NCTC’s website at www.nctc.gov as both a downloadable PDF and a multimedia website. NCTC has […]

Consultation on Two New Orders to be made under the Companies (Jersey) Law 1991 The Commission has published today a consultation paper on two new Orders proposed to be made under the Companies (Jersey) Law 1991 (the “Companies Law”). The two Orders follow on from the recent decision of the States Assembly to make the […]

TCF in the wholesale sector [ June 2008 ] Summary Does TCF apply to firms operating in the wholesale sector? Why does it matter? What should wholesale firms be doing in relation to TCF? FSA publications Where can I find more information on TCF? Appendix 1 Appendix 2 Summary This briefing gives an outline of […]

Castlestone Management Inc products in offshore probe – British Virgin Islands’ financial regulator has asked Grant Thornton to investigate funds managed by firm. Castlestone Management Incorporated has become involved in a regulatory investigation in the British Virgin Islands (BVI) after the watchdog there launched a probe into its funds, Investment Adviser can reveal. The BVI’s […]

How TCF visit led to ban and fine for IFA over UCIS sales – What would have been an ordinary visit as part of the Financial Services Authority’s (FSA’s) Treating Customers Fairly (TCF) programme led to the latest enforcement action against an IFA for mis-selling unregulated collective investment schemes (UCIS). The FSA yesterday banned a […]

Risk profiling: what are the options? In the past few years there has been a trend among financial advisers away from in-house investment selection towards using outsourced risk-targeted funds in model portfolios to satisfy clients’ asset allocation and investment needs. A recent survey by NMG Consulting showed that advisers are using a range of methods […]