Tax & Regulation
Alternatives | 12 May 21
Pair guilty of defrauding £36m from vulnerable victims
Crown Prosecution Service described it as a ‘particularly heinous scam’
Guernsey to deregulate offshore collective investment schemes
But the people running them will still need to have a licence on the island
Blackrock Chinese wealth JV obtains licence
Fund giant believes the market gives it ‘a significant opportunity’
UK online safety bill is ‘first step’ to tackle investment scams
‘Social media sites will have a duty to prevent sham’ schemes from appearing on their sites
Another tax net for NRIs who have a virtual presence at home
Non-residents will be taxed if transaction value exceeds INR 20m in India