Tax & Regulation | 15 Jun 15
Ex-lovers and colleagues fuel rise in tax whistleblowing
Experts have said that a 50% leap in payments by HM Revenue & Customers to tax informants could be driven by ousted spouses and angry ex-colleagues
Hong Kong regulator told to step up ILAS regulation
A senior member of the HK Legislative Council has called on the Hong Kong Securities and Futures Commission to “step up” the regulation of Investment-linked Assurance Schemes (ILAS) to better protect the interests of policyholders.
North America | 15 Jun 15
Anti-FATCA group finalises lawsuit against Canadian Gov’t
A group promoting Canadian sovereignty has raised 80% of the funds required to take the Canadian Government to court for providing residents’ details to the US for its Foreign Account Tax Compliance Act (FATCA).
New head of Singapore advisers body pledges to raise standards
The new president of the Financial Planning Association of Singapore (FPAS) has said he hopes to improve the ethical standards and competency of advisers in his new role.
Advisers fear self-select services and investment platforms
Financial advisers see self-select websites and direct investment platforms as their greatest competition going forward, a new poll has revealed.