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International firms must have UK base - FCA

The Financial Conduct Authority has confirmed that international financial firms seeking authorisation must have an active place of business in the UK to operate in the UK market post-Brexit.

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Brooks Macdonald adds £900m as Lloyds acquisition completes

Wealth manager and Chartered Financial Planner Brooks Macdonald has completed the acquisition of Lloyds Bank International’s Channel Islands wealth management and funds business, adding £900m of funds under management and 1,000 private clients.

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FCA launches consultation on approach to international firms

The Financial Conduct Authority (FCA) has launched a consultation on its approach to the regulation of international firms operating in the UK as it considers its post-Brexit approach.

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Brooks Macdonald buys wealth business for £9.6m

Wealth manager and Chartered Financial Planner Brooks Macdonald has bought the Channel Islands wealth management and funds business of Lloyds Bank International for £9.63m.

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