Tax & Regulation
Aussie regulator warns investors against fake news scams
Fraudulent ads promote crypto investments and contracts for difference trading
FCA targets 24-hour shut down of scam sites
It comes after national newspaper’s campaign saw thousands hand over personal details online
Global life insurer admits it helped US citizens hide $1.45bn
Company and its subsidiaries concealed the money in offshore insurance policies
Financial services provider fined $4.23m for AML failings
Largest ever anti-money laundering penalty handed down by the Cayman Islands regulator
£150m in pension funds lost due to slow UK policy rollout
Government has still not fixed a ‘quirk’ in tax system despite promising to in 2019