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Tax & Regulation

Europe’s fund industry facing dispersal as Brexit looms

Companies | 21 Jul 17

Europe’s fund industry facing dispersal as Brexit looms

Whatever the outcome of the Brexit process now under way, the shape of the asset management industry in Europe is set to change substantially, a report by the CFA Institute has found.

UK platform inquiry a ‘red herring’ says Novia CEO Vasilieff

Companies | 21 Jul 17

UK platform inquiry a ‘red herring’ says Novia CEO Vasilieff

The Financial Conduct Authority’s (FCA) inquiry into online platforms risks focusing on the wrong issues and could fail to yield a good result for clients, according to industry expert and Novia chief executive Bill Vasilieff.

Europe | 20 Jul 17

Italian tax police demand details of 10,000 Swiss accounts

Italy’s tax police have asked Switzerland’s Federal Tax Administration for information regarding €6.7bn (£5.9bn, $7.7bn) that has been deposited in the country by Italian citizens.

FCA signs cooperation agreement with Hong Kong regulator

Asia | 20 Jul 17

FCA signs cooperation agreement with Hong Kong regulator

The UK Financial Conduct Authority (FCA) has signed an agreement with the regulatory authority in Hong Kong to strengthen cooperation and facilitate the exchange of information.

Five common mistakes UK expats make about domicile and tax

Best Practice | 19 Jul 17

Five common mistakes UK expats make about domicile and tax

British expats still have some crucial misunderstandings about their domicile status and tax position that could leave them and their loved ones financially exposed and even land them in trouble with HM Revenue & Customs, warns Rachael Griffin, financial planning expert at Old Mutual Wealth.

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