Tax & Regulation
South Africa gets $14bn boost by avoiding junk status
Moody’s decision to not downgrade South Africa to junk status has saved the economy about £14bn in outflows from the local bond market, according to an expert from Morningstar.
UK law change to force transparency on overseas jurisdictions
Cross-party support is mounting in the UK for an anti-money laundering bill which could force the beneficial owners of companies based in the British overseas territories and Crown dependencies to be identified on a public register.
Alternatives | 30 Apr 18
Sanlam launches inheritance tax mitigation service
Sanlam UK has launched an inheritance tax service that enables clients to mitigate liabilities and generate long-term growth by investing in smaller companies on the Alternative Investment Market.
Isle of Man minister reveals plan to avoid EU tax blacklist
The EU has told the Isle of Man if it wants to stay off its tax haven blacklist, the island’s government needs to address the “lack of legal substance requirements” for all companies doing business on the island, according to chief minister Howard Quayle.
How advisers in the Middle East are getting future ready
As incoming regulation puts paid to the era of expensive and opaque products, advisers are going head to head with the life companies to ensure they are future ready.