Industry
Saudi eases investment and asset management rules
Asset management and other investment firms will find it easier to open and operate in Saudi Arabia after the country’s Capital Market Authority (CMA) loosened its licensing rules.
Disgraced top Chinese insurance regulator expelled
The former chairman of the China Insurance Regulatory Commission (CIRC) has been expelled from the ruling Communist Party following allegations of corruption.
Tax & Regulation | 29 Sep 17
Small advisers at risk of skyrocketing data fines
Poorly resourced firms are at the greatest risk of being hit with big fines for infringing Brussel’s new data rules, according to Mazar’s chief investment officer David Baker.
Sanne to acquire $8.3bn Luxembourg firms
Global alternative asset and corporate administration services provider Sanne has agreed to acquire Luxembourg Investment Solution (LIS) and Compliance Partners (CP).
Tax & Regulation | 29 Sep 17
Firms in the firing line in tax evasion clampdown
UK companies that fail to stop employees and agents from facilitating tax evasion, both at home and overseas, will become criminally liable from Saturday.