Tax & Regulation
FSCS levy costs ‘unacceptable’ but bound to rise
As FCA chairman takes aim at internet giants for ‘absurd’ practices that are driving costs up
Praemium eyes expansion of Fatca-compliant offering
Many firms and financial institutions have been turning US citizens away due to reporting burden
FSCS pays out £6m over offshore property assets
Financial advice firm linked to British Steel scandal was involved along with 18 others
South Africa regulator bans investment firm directors
After the watchdog withdrew the company’s licence over breach of suitability requirements
Standard Chartered Guernsey trust business liquidated
As regulator fines company £140,000 for ‘historical failures’