Regulation

Wealth manager St James's Place is considering a discretionary fund management (DFM) offering to land high net worth (HNW) clients.

William Yonge, partner at Morgan Lewis & Bockius, examines the regulatory and compensation issues relating to ESMA's consultation on new guidelines for how alternative investment fund managers should be compensated.

HSBC has put aside $1.3bn (£830m) in UK customer redress provisions and $700m (£450m) relating to US regulatory and legal issues as it reports $12.7bn in interim pre-tax profit.

Brewin Dolphin reported income for Q3 was up 4.4% to £66.8m compared to the same period in 2011, with recurring revenue now representing 67% of the total.

Six people have been jailed after a successful Financial Services Authority (FSA) prosecution for insider dealing.

Standard Life has revealed a range of charging methods for its Retail International Bond product ahead of the Retail Distribution Review (RDR).

The European Commission is consulting on potential changes to the UCITS framework with improvements to the regulation of money market funds, short-termism and harmonising the investment industry's approach to fund redemptions among the items on the agenda....

Fewer financial institutions will be able to dodge the incoming FATCA rules, according to the latest agreement on the US tax regime.

The chief executive of Japan's Nomura Holdings has resigned following a damaging insider trading scandal.

HSBC's Mexican business has been fined $27.5m for failing to comply with anti-money laundering regulations.