Tax & Regulation
Best Practice | 14 May 21
FCA sets out stronger protection rules for retail investors
Firms will have to follow the guidance or ‘face regulatory action’
UK lifeboat scheme reduces 2021/22 levy to £833m
Lower forecast sparked by delays in Sipp claims and extension of government support for businesses
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’