Tax & Regulation | 21 Oct 16
BVI rules out public register of beneficial ownership for now
The British Virgin Islands has ruled out adopting a public register of beneficial ownership for the time being, saying it would not support the move unless it was adopted worldwide.
Investment | 21 Oct 16
ANALYSIS: Is BAT’s ‘lucky strike’ further evidence for a ‘great rotation’?
Massive, opportunistic M&A activity doesn’t tend to be a characteristic of the bottom of a cycle. Still-standing majors, snapping up capitulating minnows is common, but two behemoths joining forces is usually left for times when shares are expensive and can do a lot of the heavy lifting.
Tax & Regulation | 21 Oct 16
Calls for UK non-dom reforms to be delayed until after Brexit
Upcoming changes to the tax rules governing non-UK domiciles, set to come into effect in April next year, should be postponed until the “full effects of Brexit” are understood, a leading London-headquartered accountancy firm has urged.
Investment | 21 Oct 16
M&G lifts property fund suspension
M&G Investments has announced it will resume trading in the shares of the £4bn M&G Property Portfolio and its feeder fund at noon on Friday 4 November.
ANALYSIS: Is the ECB scared to turn off the QE tap?
European Central Bank president Mario Draghi delivered a relatively short address after the October governing council meeting on Thursday which was light on substance, but there was something in his remarks that may worry investors.