Tax & Regulation
3,500% rise in assets frozen by City of London Police
HMRC also seized £29m in the first 10 months of 2020/21
UK to extend Priips exemption for Ucits by five years
As government says retail disclosure review findings could lead to ‘changes’ in regulation
S African firm to pay £61.9m to cover ‘errors’ at UK arm
It was sold nearly a decade ago but enhanced transfer value liability remains
Spain, Gibraltar and UK reach tax residency agreement
To ‘eliminate tax fraud’ and conflicts arising from being resident in both jurisdictions
FCA Woodford decision not ready until end of year
Regulator claims to have made ‘substantial’ progress on investigation