Wealth managers

Thousands of ‘accidental Americans' could be unwittingly caught by the Foreign Accounting and Tax Compliance Act (FATCA) from July, leaving them exposed to US tax liabilities, Vestra Wealth has warned.

Santander UK has agreed to pay redress to affected customers after the Financial Conduct Authority (FCA) fined the bank £12.4m for what it said were "widespread" investment advice failings.

The Financial Conduct Authority (FCA) is preparing to fine Santander UK in the region of £12.5m for faulty investment advice, according to reports.

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The House of Lords' economic affairs committee has recommended a delay to the government's imminent tax crackdown on limited liability partnerships (LLPs).

A 21-year-old has been arrested and interviewed as part of a Financial Conduct Authority (FCA) investigation into boiler room fraud.

The Financial Conduct Authority has appointed a former managing director from Bank of America Merrill Lynch to head its investment banking supervision team.

All the major retail banks and most medium-sized and smaller firms have made "significant" changes to their sales incentive schemes, but concerns over enticements linked to bank investment and protection sales remain, the Financial Conduct Authority (FCA)...

The Financial Conduct Authority (FCA) has declared itself pleased with platforms' progress towards meeting new rules due to be introduced next month, though it has highlighted some areas in need of improvement and called for "further progress" on re-registration....