Tax & Regulation
Argentina passes ‘one-off’ wealth tax
To raise $3.5bn to pay the country’s covid-19 bill
US fund manager charged for defrauding retail investors
He and his company misappropriated $7m in client money via real estate investments
Advisers advocate minimum qualifications for staff
As regulator prescribes criteria for senior and junior staff joining broking and advice firms
Advisers warned about social media risks
While UK regulator to send out third covid-19 financial resilience survey
German bank to shut accounts of US customers
As savings firm denies services to dual UK and American citizens due to Fatca