The Financial Services Authority (FSA) has moved to ban and fine Arch Financial Products (AFP) directors Robin Farrell and Robert Addison for failings related to the management of the Arch cru fund range.
AFP, Farrell and Addison have referred the matters to the Upper Tribunal where they and the FSA will each present their case. The Tribunal will then determine the appropriate action for the FSA to take....
38 VCTs raised funds in 2016-17
$4.4bn weekly outflows
Double the size of holdings in existing AR fund
Urging Treasury to appoint more women
China's debt could reach $7.6trn by year-end