Ramseyboi Posted November 24, 2021 Share Posted November 24, 2021 Ouch. https://gef.im/2021/11/24/fsa-slaps-bridgewater-with-225000-fine/ Quote Link to comment Share on other sites More sharing options...
slinkydevil Posted November 24, 2021 Share Posted November 24, 2021 4 Quote Link to comment Share on other sites More sharing options...
Mysteron Posted November 24, 2021 Share Posted November 24, 2021 Not practicing what they preached? http://www.iomtoday.co.im/article.cfm?id=36838&headline=Panorama names island-based company in its "Paradise Papers" investigation§ionIs=news&searchyear=2017 "Despite this Bridgewaters takes any allegation of wrongdoing extremely seriously. Unlike the ICIJ which appears to be accountable to nobody, Bridgewaters operates in a regulated sector and like all professional organisations in that sector, is subject to frequent regulatory checks and it is committed to achieving the high standards set by its regulators. It is also committed to the highest standards of client service and confidentiality." Quote Link to comment Share on other sites More sharing options...
James Blonde Posted November 24, 2021 Share Posted November 24, 2021 So what does this company actually do? The description of financial services and trusts sound really wishy washy. What does it do in the real world? Quote Link to comment Share on other sites More sharing options...
Barlow Posted November 24, 2021 Share Posted November 24, 2021 10 minutes ago, James Blonde said: So what does this company actually do? The description of financial services and trusts sound really wishy washy. What does it do in the real world? Same as they all do. Except they got fingered. You ain't from around these parts boy, are you. 2 1 Quote Link to comment Share on other sites More sharing options...
Ramseyboi Posted November 24, 2021 Author Share Posted November 24, 2021 13 minutes ago, James Blonde said: So what does this company actually do? The description of financial services and trusts sound really wishy washy. What does it do in the real world? Financial services and trusts. You answered your own question. It is clear for all to see 😂 Loads of jobs for payroll and umbrella businesses listed lately. They make these boys look whiter then white. I would rather work in gambling. Quote Link to comment Share on other sites More sharing options...
Barlow Posted November 24, 2021 Share Posted November 24, 2021 (edited) 11 minutes ago, Ramseyboi said: I would rather work in gambling gaming You ain't from around these etc.. Edited November 24, 2021 by Barlow 1 3 Quote Link to comment Share on other sites More sharing options...
Manx Bean Posted November 25, 2021 Share Posted November 25, 2021 I wonder how many other firms are saying There but for the grace of God go I' and are busy rifling through their files? Quote Link to comment Share on other sites More sharing options...
asitis Posted November 25, 2021 Share Posted November 25, 2021 OUCH !! maybe deserved I have no idea. From speaking to people in the finance sector however, it seems the FSA have changed up a gear and focused on fining people where possible. Of course that may be a good thing in regulatory terms, but cynics like me will see the drivers as revenue raising for Government waste and largesse, bit like the MOT !!. Sorry just sayin !! Quote Link to comment Share on other sites More sharing options...
Manx Bean Posted November 25, 2021 Share Posted November 25, 2021 2 minutes ago, offshoremanxman said: Not sure their compliance function does seem to have been spectacularly s**t. And to be fair the former Insurance and Pensions Authority here had as much bite as my granny without her dentures in, so a lot of firms used to take the piss large safe in the knowledge they would get away with it. Quote Link to comment Share on other sites More sharing options...
James Blonde Posted November 25, 2021 Share Posted November 25, 2021 10 hours ago, Ramseyboi said: Financial services and trusts. You answered your own question. It is clear for all to see 😂 Loads of jobs for payroll and umbrella businesses listed lately. They make these boys look whiter then white. I would rather work in gambling. Yeah but there's a ton of companies here who claim to do that. What is it they actually do? Quote Link to comment Share on other sites More sharing options...
NoTailT Posted November 25, 2021 Share Posted November 25, 2021 14 minutes ago, James Blonde said: Yeah but there's a ton of companies here who claim to do that. What is it they actually do? TAX AVOIDANCE. Do you need me to spell it out? 1 Quote Link to comment Share on other sites More sharing options...
James Blonde Posted November 25, 2021 Share Posted November 25, 2021 Just now, NoTailT said: TAX AVOIDANCE. Do you need me to spell it out? You can if you like! lol Quote Link to comment Share on other sites More sharing options...
cissolt Posted November 25, 2021 Share Posted November 25, 2021 2 hours ago, offshoremanxman said: Interesting that the company website that’s now disappeared from the internet. Convenient time for maintenance. Still available on waywayback 🙄 Quote Link to comment Share on other sites More sharing options...
Barlow Posted November 25, 2021 Share Posted November 25, 2021 (edited) 3 hours ago, Manx Bean said: I wonder how many other firms are saying There but for the grace of God go I' and are busy rifling through their files? Tidying up. See Treasury Minister for details. Edited November 25, 2021 by Barlow 4 Quote Link to comment Share on other sites More sharing options...
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