Tax & Regulation
Tax & Regulation | 18 Dec 17
EU blacklist under scrutiny as regulations keep coming
The European Union’s earlier-than-expected publication of its tax haven blacklist has raised questions from various jurisdictions and interested organisations around the world.
Middle East | 18 Dec 17
UAE regulator details new financial promoters licence
The Securities and Commodities Authority (SCA) in the UAE has released long-awaited details of its new Financial Promoters licence, boosting hopes that the permits for financial advisers and banks will soon be issued.
Guernsey wants off tax haven blacklists
Guernsey’s lack of inclusion on the EU’s tax haven blacklist has prompted the island to call for Portugal and Lithuania to follow suit and remove it from their respective lists.
Best Practice | 14 Dec 17
Landmark FCA market abuse fine hits £70,000
An Aim-listed investment company has been fined by the Financial Conduct Authority for failing to disclose inside information, the first such ruling since market abuse regulations came into force in 2016.
South Africa to reinstate tax courts
With a growing number of South Africans not submitting tax returns, the nation’s revenue service is looking at bringing back tax courts in a bid to step up its enforcement efforts.