Tax & Regulation
Best Practice | 25 Oct 17
Analysis: Regulatory confusion reigns in the UAE
IFAs in the UAE continue to play guessing games ahead of the Insurance Authority’s unveiling of plans for commissions caps, greater transparency in customer contracts and tighter rules on financial advice.
Middle East | 24 Oct 17
Saudi expat employment visas slashed
Expats working in Saudi Arabia will now only be able to apply for one-year employment visas after the Ministry of Labor and Social Development cut the duration in half.
Adviser recruitment review positive for clients in Singapore
Most IFAs in Singapore believe that a review of the industry’s recruitment practices by the city state’s Life Insurance Authority (LIA) will have a positive impact on client outcomes.
€8bn refund on cards following French tax ruling
A French Constitutional Court ruling that a 3% surtax on dividends was unconstitutional is expected to see about €8bn (£7.15bn, $9.4bn) claimed in refunds.
Best Practice | 20 Oct 17
HMRC sets out ‘opaque’ abusive tax scheme penalties
Advisers who enable abusive tax avoidance schemes face penalties that will take into account “relevant considerations”, draft guidance from HM Revenue & Customs revealed on Friday.