Bluefin says it is happy with ruling and GRP states no wrongdoing has been proven as it looks forward to an early trial.
Both Bluefin and Global Risk Partners (GRP) have issued statements in response to the ongoing legal case which started last week. Bluefin had obtained an injunction in the High Court on 8 February. ...
Experts say that brokers taking on appointed representatives need to be aware of the "huge responsibility".
Businesses must have appropriate processes and supervision in place wherever the AR distribution method is used.
Biba boss highlights that with an appointed rep a firm “is lending its regulatory permission to someone else and with that lending its name”.
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