Tax & Regulation
Ronaldo accepts €18.8m fine in tax evasion case
Portuguese football superstar Cristiano Ronaldo has agreed to accept an €18.8m (£16.4m, $21.8m) fine and a suspended jail sentence to settle tax evasion charges, according to media reports.
Allegations hit South Africa adviser exam body
Following claims of irregularities, advisers will no longer be able to sit exams with the Financial Planning Institute (FPI) of Southern Africa.
Good news for investors in defunct Beaufort
Nearly all individual customers of Beaufort Asset Clearing Services are expected to be protected in full for the return of money and assets, the UK’s Financial Services Compensation Scheme (FSCS) has confirmed.
British Overseas Territories in London to fight public register
Tense talks are being held this week in London as leaders of British Overseas Territories (BOTs) try to persuade the UK Government to reverse its decision to impose public registers of beneficial ownership.
Adviser cracks during interrogation with regulator
A financial adviser who forged qualification documents has been banned after he cracked during a “compelled interview”.