Regulation

Suspended second hand life policy investment EEA Life Settlements has found a broker with clients interested in buying up investors' trapped holdings - at a discount.

Suspended, illiquid and distressed investments

A Serious Fraud Office (SFO) investigation into criminal wrongdoing by multi-million pound overseas investment Harlequin is entering the "final stages", the SFO said, as it asks investors for the latest information on their dealings with the company....

The Financial Conduct Authority (FCA) has banned another former director of one of the main distributors of troubled investment Harlequin Property, fining him £165,900 for failings linked to pension advice.

Fines totalling half a million pounds levelled against the former CEO and a director of failed traded life settlement investment firm Catalyst have been upheld.

The Financial Conduct Authority (FCA) has decided Europe-wide rules on recording client consultations do not require UK financial advisers to tape face-to-face meetings to prove they are acting in clients' best interests.

Rathbone Unit Trust Management chief executive Mike Webb has urged advisers to consider the sustainability of fund performance when doing their due diligence, as he warned there is "still too much herding" going on in the market.

The City's two watchdog's the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) have publicly censured the Co-operative Bank failings including hiding the truth about its capital position.

The Financial Ombudsman Service (FOS) has denied an IFA's claim a client who invested her pension into Harlequin property "would have found an alternative adviser if they had not acted".

The highest court in the UK has backed the Financial Conduct Authority (FCA) in a landmark case that could have far-reaching consequences for risky ventures.