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Bedell Trust to provide depositary services from London and Jersey 07:58 GMT
Jersey-based Bedell Trust has received regulatory approval and a variation of permission from the Financial Conduct Authority (FCA) to provide depositary services to UK Alternative Investment Funds (AIFs) as well as "depositary-lite" services to non-EEA AIFs from its London office.

'Dishonest' hedge fund manager ban upheld 31/07/2014

Regulators question J.P. Morgan over conflicts of interest 29/07/2014
J.P. Morgan Chase executives have been questioned by regulators about whether the firm steers private-banking clients to its own investment products.

FCA imposes recruitment ban on the Financial Group 24/07/2014
The Financial Conduct Authority (FCA) has used its suspension power for the first time, banning two of the Financial Groupís subsidiaries, Financial Limited and Investments Limited, from recruiting new appointed representatives (ARs) and individual advisers for a period of four and a half months.

FCA commences criminal prosecution in relation to an unauthorised investment scheme 23/07/2014
The Financial Conduct Authority (FCA) has commenced a criminal prosecution against foreign exchange trader (forex), Phillip Harold Boakes.

Fund services provider adopts FATCA solution 23/07/2014
Alter Domus, a provider of fund administration and fund services has adopted Thomson Reuters FATCA solution across its services platform to improve client identification and on-boarding in order to comply with the FATCA legislation.

MIFID II - just when you thought it was safe to go back into the water 22/07/2014
Abandoning the Retail Distribution Review's definition of independence and storing phone recordings for seven years could be among the regulations wealth managers will have to contend with in MIFID II according to the Wealth Management Association.

Overcoming global challenges to serve the worlds growing wealthy - Coutts' Pinckney 18/07/2014
Despite unprecedented global challenges private banking will thrive in the coming years according to Coutts head of discretionary portfolio service Simon Pinckney.

UK advisers turning to platforms to tackle 'Sunset Clause' problems 17/07/2014
With less than two years until the April 2016 deadline, half of adviser firms continue to feel confused about what the changes mean and what they need to do to prepare their business, according to a survey from FundsNetwork.

Duncan Lawrie on building its business in Southwest England 17/07/2014
Demonstrating ability and a long term commitment to developing relationships lies behind Duncan Lawrie's latest venture in Bristol. Jeff Durant, regional director South West at Duncan Lawrie said the last 16 months in the region had proved successful. He told thewealthnet they were meeting the targets they had set themselves including building a staff of nine to serve the clients in the south west.

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