Best Practice
Best Practice | 20 Nov 17
Analysis: The future’s bright post Paradise Papers
Having borne the brunt of the media scrutiny following the Paradise Papers hack, key figures in the international life insurance industry have hit back and defended the Isle of Man and other international financial centres.
Best Practice | 20 Nov 17
Advisers still misleading public with fake credentials
Almost two thirds of financial advisers listed on online directory Unbiased are misleading the public with false credentials, a figure that has not improved since the last time the review was carried out 18 months ago, according to new research by a consumer watchdog.
Hong Kong regulator restricts use of ‘independent’
Hong Kong will introduce a code of conduct that will restrict asset management intermediaries from being able to use the term “independent” if they receive benefits from other parties.
Best Practice | 17 Nov 17
UK offshore tax evaders face 200% penalties
Offshore tax evaders face “much higher” penalties for non-compliance under new Right To Correct (RTC) rules revealed by HM Revenue & Customs.
Best Practice | 15 Nov 17
Inducement ban could hurt consumers, warns CISI
Financial Conduct Authority (FCA) plans to ban the offering or acceptance of inducements within the financial services profession could ultimately hurt consumers, according to the Chartered Institute for Securities & Investment (Cisi).