Tax & Regulation
Trust company fined £450,000 in Guernsey
Watchdog said it failed to meet minimum criteria for licensing
UK investors received £584m in compensation in 2021-22
Lifeboat scheme paid out £114m to 9,000 mini-bond victims in six months
How onshore bonds can be a useful tool to tackle IHT
Ability for them ‘to meet clients’ needs for investment and later life financial planning is particularly powerful’
Boris Johnson to step down as UK prime minister
Following the resignation of around 60 ministers including Guy Opperman and Rishi Sunak
FCA mulls Consumer Duty grace period
Legislation still set to come into force from April 2023