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APCIMS paper focuses on EU financial single market

The Association of Private Client Investment Managers and
Stockbrokers is publishing a discussion paper outlining six steps
towards harmonisation of financial services markets across Europe.

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The miles files

Will independent financial advisers be the next group to find themselves in the dock as the regulators come under increasing pressure to sort out the precipice bond scandal? Lloyds TSB&#39s £1.9m fine last week was the biggest handed out by the authorities for mis-selling and would have been far higher if the bank had failed […]

Jersey warning over Euro tax directive sparks fears of delay

A loophole in the new European Union tax savings plan spotted by Jersey&#39s regulator could cause the directive to be delayed.Jersey Financial Services Commission spokesman John Harris says the regulator believes the savings tax directive will not be applicable to private companies and discretionary trusts excluding a number of wealthy investors.The EU tax savings plan, […]

Leeds & Holbeck – Flexible three-year discount

Type: Discounted rate flexible mortgage Discount: 1.1% Discounted term: Three years Payable rate: 4.39% Minimum loan: £25,000 Maximum loan: Up to 95% of valuation subject to a maximum loan of £200,000, up to 90% of valuation subject to a maximum of £300,000, up to 85% of valuation subject to a maximum of £400,000, up to […]

Equitable directors&#39 hearing complete

The judge hearing a request by nine former Equitable Life non-executive directors asking for the case against them to be thrown out, has reserved his decision. The hearing was completed on Friday afternoon and follows on from Equitable&#39s announcement last year it was launching a £3.3bn lawsuit against 15 former directors for negligence and breach […]

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