All articles by Verdict Staff

Verdict Staff

FINMA executes agreement with Central Bank of Ireland cooperation and the exchange of information

The Swiss Financial Market Supervisory Authority FINMA has concluded an agreement on cooperation and the exchange of information with the Irish financial regulator, the Central Bank of Ireland, regarding the distribution of foreign collective investment schemes in Switzerland to non-qualified investors (retail investors).

FINMA recognises SBA guidelines as a minimum standard

The Swiss Financial Market Supervisory Authority FINMA recognises the Guidelines on protocol requirements for the distribution of collective investment schemes issued by the Swiss Bankers Association (SBA) as a minimum standard.

UK’s Financial Ombudsman Service CEO to depart

The UK’s Financial Ombudsman Service (FOS) chief executive Natalie Ceeney is to step down from her role after a spell of four years.

Investors still rely on advisers, despite new tools for investment advice: Friends Provident

A report by Friends Provident International has revealed that investors in Hong Kong, Singapore and the UAE still heavily rely on their advisers, despite undertaking their own research on investment options.

DBS Bank expands footprint in Myanmar

DBS Bank, a Singapore-based financial services company, has opened a newly renovated representative office in Myanmar.

Globaleye Wealth Management opens office in Moscow

UAE-based Globaleye Wealth Management has opened a new office in Moscow to serve the increasing demand for independent financial advice and wealth management in Russia and neighbouring Eastern European countries.

Brewin Dolphin appoints new non-executive director

British financial planning firm Brewin Dolphin has appointed Ian Dewar as its new non-executive director with immediate effect.

Aberdeen set to buy Lloyds fund arm

Aberdeen Asset Management is set to buy Scottish Widows Investment Partnership (SWIP) from Lloyds Banking Group.

JP Morgan AM poaches BofA desk head for global income team

JP Morgan Asset Management (JPMAM) has appointed James Davidson as co-portfolio manager of its Global Equity Income Fund.

City Financial to launch fund research service for advisers

City Financial is set to launch an independent web-based fund research service for financial advisers in spring 2014.