Dolfin Financial case highlights need for stronger investor visa compliance frameworks

Lisa Uttley, Immigration Partner at Gherson Solicitors, contributed to The Legal Diary on the regulatory and immigration implications of the Dolfin Financial case. Lisa highlights weaknesses in the compliance framework surrounding the former Tier 1 (Investor) visa route, including the reliance on intermediary-generated documentation and the lack of independent verification of qualifying investments. Looking ahead to any potential successor investor visa route, she emphasises the need for stronger safeguards, including independent investment verification, enhanced source-of-funds checks, greater information-sharing between the FCA and the Home Office, and proportionate treatment of applicants who relied in good faith on regulated professional advisers.

Read the article in The Legal Diary.