Where am I? 
Home Investment Regulation
Five individuals suspected of being involved in land banking by way of an unauthorised collective investment scheme have been arrested.
With the assistance of the City of London Police, the FSA executed search warrants on nine premises in Kent and Greater London and five individuals arrested.
Nobody has been charged at this stage in connection with the FSA's investigation, which is ongoing.
The FSA does not regulate land as an investment but collective investment schemes, including those concerning land, are subject to regulation.
| Share | |
| Comment | Five arrested in FSA land banking probe |
More regulation news
Email alerts
Recommended reading
Categories
Topics
Comments
Related articles
Most Read
Audio / Visual
With the industry's biggest fund managers, IFAonline welcomes you to the media centre.
This year we have 14 awards designed to mark out the very best products in a highly competitive and innovative market. This includes three new awards for 2011 to reflect the developments in this rapidly growing market: Best Dual/Multi-Index Product, Best Structured (Oeic) Fund and Best Structured Product Provider.
Events
Poll
|
|
Job search
Ifaonlinejobs will open the right investment career path for you. Search hundreds of vacancies on www.ifaonlinejobs.co.uk now
In Focus
Two months left before the ‘real RDR deadline’ – are you compliant with the required professional...
Viewpoints
2012 marks a watershed for the Life companies, fund managers, banks and advisers who service...
sponsored by
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment