Industry
Alternatives | 16 Jan 18
DeVere launches cryptocurrency app as Bitcoin hits 6-week low
Global independent financial advice firm deVere Group has added a cryptocurrency app to its suite of products to meet “soaring global demand”, despite lingering concerns about the viability and legitimacy of digital currencies.
Victims defend $11bn Chinese Ponzi scheme
Investors across China are continuing to support the founder of an alleged Ponzi scheme, even after he turned himself into police, despite standing to lose CNY70bn (£7.9bn, $10.8bn, €8.9bn).
FCA probes 109 firms connected to British Steel pensions
The Financial Conduct Authority has contacted 109 firms connected to British Steel Pension Scheme (BSPS) transfers and requested further information from 66 of them, the regulator has confirmed.
Best Practice | 15 Jan 18
French wealth tax restricted to real estate
French residents no longer have to pay a wealth tax on savings and investment income, after sweeping tax reforms came into effect limiting it to real estate.
Offshore firm bolsters Luxembourg and Mauritius offering
Jersey-based corporate, alternative investment and private client services provider Ocorian has completed its acquisition of Luxembourg and Mauritius-based MAS International.



