I was intrigued this week by a speech from Steve Smart, FCA joint executive director of enforcement and market oversight, suggesting that the FCA was now as much a law enforcement agency as a regulator.

More than half of High Net Worth clients (52%) have been victims of crime in the past 12 months, with their average loss £72,000.

A new Treasury Report has highlighted the wealth management sector as “particularly vulnerable” to money laundering.

A Sheffield financial advisor who stole more than £600,000 from his own family members to fund a life of luxury has been jailed for over six years.