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The Financial Conduct Authority (FCA) is consulting on proposals to reduce the potential for harm to investors from the liquidity mismatch in open-ended property funds. The new rules as proposed would require investors to give notice – potentially of up to 180 days - before their investment is

The Financial Conduct Authority (FCA) has launched a consultation on proposals that are designed to promote value for money for the members of workplace personal pension schemes. These proposals aim to make it easier for Independent Governance Committees (IGCs) and Governance Advisory Arrangements (

The Financial Conduct Authority (FCA) is reminding businesses which carry out cryptoasset activity in the UK, that they have to be registered with the FCA to comply with new regulations. To ensure that applications are processed on time the FCA requires firms to submit completed appli

The Financial Reporting Council (FRC) has announced that Simon Fraser has been appointed as the chair of the Pre-Emption Group (PEG). Mr Fraser has been a longstanding member of the PEG and has a long and distinguished career in investment management and corporate roles, including his current role a

The Financial Conduct Authority (FCA) has announced proposals to make permanent its ban on the mass-marketing of speculative illiquid securities, including speculative mini-bonds, to retail investors. The FCA introduced the ban without consultation in January following concerns that speculative mini

Aberdeen-based swarf management specialists ROMAR International has appointed Alan Shanks as its new chief financial officer. Mr Shanks took up his new role on June 1 this year, in a move which the firm said would add further strength to the board and executive leadership team.

Edinburgh-based software company Sharktower AI has announced the appointment of Brendan Waters as its chief financial officer. Mr Waters spent several years as a corporate finance advisor to technology businesses before joining one of the UK’s highest-profile tech start-ups, FanDuel, as their

A total of 128 companies have now received more than £5 million of financial support through the Scottish Government’s Seafood Resilience Fund.

The Financial Reporting Council (FRC) has today completed its annual review of FRS 101 Reduced Disclosure Framework and made minor amendments, for consistency, to the disclosure exemptions relating to the statement of cash flows. The FRC has also issued FRED 74 Draft amendments to FRS 102 – In

The Scottish Government has announced that coronavirus financial help will be expanded to include businesses that share properties, such as indoor markets, and for firms that aren’t on the rates system, such as some bed and breakfasts. The Federation of Small Businesses (FSB) – who led c

An unprecedented level of financial stability attained by Scottish football clubs has been wiped out by the coronavirus pandemic pushing many teams to the "brink of insolvency" according to a report published by Begbies Traynor.  Scottish football club finances had gained unprecedented sta

Brewin Dolphin has added to its growing Glasgow financial planning team with the appointment of Daniel Hough. With a decade’s experience in financial services, Mr Hough joins the wealth manager as a financial planner from Mattioli Woods where he spent more than four years working in Aberdeensh

UK lenders have given over 1.6 million mortgage payment holidays as of Friday 24 April 2020 to support customers facing financial difficulties due to coronavirus, UK Finance has revealed.

New car registrations for March saw a steeper fall than during the 2008 financial crisis, according to new data from the Society for Motor Manufacturers and Traders (SMMT).

Banks are increasing the cost of personal loans and overdrafts as millions of people plunge into financial difficulty because of the coronavirus pandemic.