The Financial Conduct Authority (FCA) has confirmed new rules which apply to certain types of open-ended fund investing in inherently illiquid assets such as property. The new rules apply to these funds, known as non-UCITS retail schemes (NURSs), but will not apply to other types of fund, such as UC
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The 2018 Fish Farm Production Statistics have revealed that the total number of staff employed in marine salmon production in Scotland increased by 77 (5.5%) to 1,466 people.
Aberdeen-based Shepherd and Wedderburn has appointed George Stevenson as its new private client specialist. Mr Stevenson will bring over 40 years' of experience and expertise across the spectrum of personal legal and tax matters to the firm and its clients.
Highlands and Islands Enterprise (HIE) announces that businesses looking to develop their use of digital technology and innovation are set to benefit from a new £465,000 support programme. The investment was announced at a digital collaboration event to launch the refreshed #hellodigital facil
Research conducted by Brewin Dolphin has revealed that charities are not confident that funding levels will allow them to meet their objectives.
Real estate services firm Cushman & Wakefield is continuing its expansion in Scotland with the signing of three new recruits. (from left) Callum Napier, Kyle Stuart and Cameron Lineen
Visa has launched an online portal giving fintechs access to its technologies and network. With the launching of the service, Visa said that fintechs can now easily access the right technologies, network and partners to grow their businesses with Visa.
HSBC has launched a trade finance API which allows partner financial organisations and their clients observe the status of their bank guarantees in real-time, from their own platforms. The bank guarantee API is now being tested by ING and Standard Bank and it will allow partners to create their own
A man has spent £30,000 of his children's inheritance fighting a £100 speeding fine.
Johnston Carmichael has opened its first premises outside of Scotland with a new office based in London. The new office has opened as part of a strategic expansion of its financial services sector offering.
Kelvin Capital has led a £2m funding round for biotech business ProFactor Pharma to accelerate its work in developing a treatment for Haemophilia A. Kelvin Capital led the funding round, supported by Ingenza Ltd and the Scottish Investment Bank, the investment arm of Scottish Enterprise.
The Bank of Scotland Business Barometer's new survey published today has revealed that businesses in Scotland are the least confident in the UK.
Chartered Accountancy firm Wylie & Bisset has welcomed the Debt Arrangement Scheme reforms, which it says will improve accessibility and streamline bureaucracy. A formal Scottish debt solution allowing individuals struggling with debt to repay it back over a longer period, the Debt Arrangem
Claire Reid, the new leader of PwC in Scotland, has revealed her excitement at the opportunity to make a difference at the company. In an interview for The Herald published today, Ms Reid discusses how her appointment to the role will allow her to make a difference within the firm and has given her
SET Ventures and Ascension Ventures have contributed to the latest investment round at UK heat network control company Minibems to enable it to pursue fast growth across the UK and Europe. With heating and cooling consuming half of Europe’s energy, the heat sector is increasingly being challen