Industry
Tax & Regulation | 9 Feb 16
Accelerated Payment Notices net HMRC over £2bn
HM Revenue & Customs has collected more than £2bn ($2.9bn, €2.6bn) in disputed tax from would-be avoiders since it brought in its Accelerated Payments notices in 2014.
Bahrain’s Two Seas Trust rebrands as Elian Middle East
Bahrain trust services provider Two Seas Trust, the first company to be licensed by the Central Bank of Bahrain to provide trust services in the kingdom, has rebranded as Elian Middle East.
The landscape is changing: ‘Infinity’ launch celebrates strategic alliance
February 8th marked the introduction of a completely new strategic alliance between two specialists within the financial services industry, changing the landscape of savings and investment providers in the UAE.
Aegon set to sell annuity book to Rothesay – report
Rothesay Life, the UK-based insurer is in exclusive talks to buy Aegon’s £9bn UK annuity book, Reuters has reported.
Tax & Regulation | 8 Feb 16
Activist actor takes aim at HMRC loopholes in TV documentary
A documentary programme on Britain’s Channel 4 to be aired on Monday (8 February) will see actor Greg Wise pose as a client while two financials advisers offer to help him exploit HMRC’s tax loopholes.