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FCA pays out over register entry that was inaccurate for four years

The regulator has agreed to review its processes for updating the financial services register and will compensate an investor who was scammed after relying on incorrect information. A final report from the Complaints Commissioner says a complainant used the register to check the authorisation and defaults history of a credit union before buying bonds. The complainant […]

May vows to fight on after cabinet departures

Prime minister Theresa May has promised to fight any attempt to remove her from office after two cabinet ministers quit in 24 hours. Boris Johnson quit as foreign secretary yesterday and Brexit secretary David Davis left his post on Sunday evening. Davis warned May’s proposal to keep Britain closely aligned to European Union rules was in […]

probate

Where there’s a will there’s a way

In this article, Graeme Robb, Senior Technical Manager explores the limited circumstances under which the Probate Service now accepts online applications from personal applicants. Key points Certain criteria must apply England & Wales only Online functionality will continue to be developed Probate trusts can avoid the need for probate in respect of a trustee owned […]

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