Tax & Regulation
Firms given a six month reprieve on key Mifid II rule
The Financial Conduct Authority has backed a move by the European regulator to give firms a six-month reprieve if they fail to secure a key Mifid II requirement from clients.
Trump tax plan to double estate exemption
The US senate is poised to pass into law a bill that will radically overhaul the country’s tax system, however some conservatives say the reforms still fall short when it comes to estate tax.
FCA shuts down £1.2m Cyprus investment scam
An unregulated Cyprus-based investment scheme has been shut down by the High Court following an application by the UK’s Financial Conduct Authority.
Best Practice | 19 Dec 17
Ready or not, here Mifid comes
Mifid II comes into effect on 3 January, and while many advisers remain woefully unprepared, significant benefits will make the sleepless nights worthwhile.
Straight Irish men to marry in IHT dodge
Two heterosexual men in Dublin are to tie the knot so that one can inherit the house of the other without being hit with inheritance tax.