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News

Regulation

FCA will struggle to kick 'tick box' culture - PSB

The Financial Conduct Authority (FCA) will not find it easy to drop its predecessor's 'tick box' culture according to the chairman of the Chartered Insurance Institute's Professional Standards Board (PSB).

clock 28 March 2013 •

Investment

JOHIM management to buy out business from Credit Suisse

Senior staff at J O Hambro Investment Management are to buy out the business from owner Credit Suisse with the help of banking group Bermuda National.

clock 28 March 2013 •

Managed solutions

First State hires ex-Aberdeen bond chief for new role

Former Aberdeen global fixed income bond chief Paul Griffiths has joined First State Investments as CIO of fixed interest and credit.

clock 28 March 2013 •

Wrap/platforms

FundsNetwork piles in to beat HMRC rebate deadline

Fidelity FundsNetwork is to bring forward all rebate payments accrued in the current tax year to before 6 April, in a bid to avoid income tax levied by HM Revenue & Customs (HMRC).

clock 28 March 2013 •

Regulation

FCA confirms its 12 board members

The Financial Conduct Authority (FCA) has confirmed the names of its 12 board members to take effect from 1 April 2013.

clock 28 March 2013 •

Your profession

BBC pulls Harlequin Panorama episode amid bribery allegations

The BBC has postponed an episode of Panorama covering overseas luxury property company Harlequin following allegations of bribery.

clock 28 March 2013 •

Your profession

Advisers report each other to FOS as often as CMCs

Financial advisers are as likely to be reported to the Ombudsman by other financial businesses as claims management companies, it has been has revealed.

clock 28 March 2013 •

Offshore Investment

Pension payments suspended for expats in Cyprus

Pension payments into Cypriot bank accounts for British expats have been suspended by the UK's Department for Work and Pensions.

clock 28 March 2013 •

Economics / Markets

Cyprus imposes drastic capital controls as banks reopen

Cyprus has implemented a series of stringent capital controls as it seeks to prevent assets fleeing the country when its banks reopen today.

clock 28 March 2013 •

Regulation

FCA to monitor Twitter for signs of mis-selling

The chief executive of the incoming Financial Conduct Authority (FCA) has said the body will be "much broader" in its approach to identifying mis-selling and other problems - including monitoring Twitter.

clock 28 March 2013 •
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