Author Archives: admin
Oct24
A Liking for Liquid Assets
Despite Brexit, the FCA continues to supervise the financial services industry and even to take stock of the appropriateness of the obligations that it imposes. In fact, something approaching normal life continues. As Andrew Bailey keeps on saying, financial services …
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Sep30
D-Day for Independent Directors
Independent Directors must now be in place at all authorised fund managers (AFMs). They must comprise at least 25% of the Board, subject to a minimum of two. There can be no doubt that FCA will: Check to see that …
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Aug6
Supreme Court hears a Firm’s Client that was Defrauded by its own Owner Director
At the end of July, the Supreme Court heard the ultimate appeal by Daiwa Capital Management against the judgment of the Court of Appeal in the case of Singularis v Daiwa, in which Oliver Lodge acted as expert witness. Whether …
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Posted in: CASS
Tagged in: Client money, Daiwa, Expert Wtiness, Liability, Risk, Singularis, Supreme Court
Tagged in: Client money, Daiwa, Expert Wtiness, Liability, Risk, Singularis, Supreme Court