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Firm depleted trust fund despite providing “minimal services”

Hawksford was also found to have cross-charged fees on four occasions, affecting three customers. In a report published this week, the JFSC called out previous “deficiencies” in Hawksford’s corporate governance, which meant the firm “repeatedly failed to prevent, adequately detect and resolve the issues for a significant period.” However, the regulator concluded the problems were […]

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