Tax & Regulation
Outgoing FCA chair warns on cryptocurrency and Brexit
John Griffiths-Jones used his last speech as chairman of the Financial Conduct Authority to warn over the dangers of cryptocurrencies, outline the regulator’s role in Brexit and criticise the financial legal system.
Panama Papers take down law firm Mossack Fonseca
The law firm at the centre of the Panama Papers scandal, which saw millions of its private client files leaked to the media, has announced it is closing.
EU reveals how jurisdictions dodged tax haven blacklist
Letters have been released that show the raft of promises several jurisdictions made to avoid being included on the EU’s tax haven blacklist for non-cooperative jurisdictions.
EU regulation overload hindering industry
The glut of hefty EU regulations introduced this year do not always complement each other, complains the Association of the Luxembourg Fund Industry (Alfi) chair Denise Voss.
Singapore clamps down on adviser recruitment incentives
In an attempt to curb mis-selling and adviser mass-migration, guidelines on the use of sign-on incentives in the recruitment of financial advisers have been rolled out by the Life Insurance Association of Singapore (LIA).