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Fah Mai Holdings CEO Calls for Greater Regulation in Whisky Cask Trading

Fah Mai Holdings Group Inc CEO Louis Haseman emphasizes the need for greater regulation in the whisky industry, specifically focusing on the trade of whisky casks. Haseman highlights the issue of scams involving non-existent whisky casks, referencing a public statement by Fergus Ewing of the Scottish National Party about £4 million worth of fictitious casks sold last year.

The need for greater regulation in the whisky industry, particularly in the trading of whisky casks, impacts consumers and investors by addressing the issue of fraudulent activities. The call for increased transparency in the trading process aims to protect consumers and investors from scams involving non-existent whisky casks, ultimately improving industry standards and safeguarding their interests.