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Tax & Regulation

Panama Papers law firm bosses arrested and denied bail

Tax & Regulation | 15 Feb 17

Panama Papers law firm bosses arrested and denied bail

The founders of Mossack Fonseca, the law firm at the centre of the Panama Papers scandal, have been arrested and are facing money laundering charges.

Morgan Stanley pays $8m to settle ETF investment charges

North America | 15 Feb 17

Morgan Stanley pays $8m to settle ETF investment charges

Morgan Stanley has agreed to pay $8m (£6.4m, €7.5m) and admit wrongdoing to settle charges that it did not ensure clients understood the risks associated with buying inverse exchange-traded funds (ETFs) the firm recommended.

Ex-financial adviser given maximum 15-year bankruptcy order

Tax & Regulation | 15 Feb 17

Ex-financial adviser given maximum 15-year bankruptcy order

A former financial adviser has been handed the maximum bankruptcy order of 15 years for acting in the management of a company while he was subject to a lengthy director’s ban.

British expats living in Europe face Brexit backlash

Europe | 15 Feb 17

British expats living in Europe face Brexit backlash

British nationals living in the European Union can expect to face a backlash following the UK’s treatment of foreigners, a leaked report has warned.

UK bans directors of £1m carbon credit scam

Tax & Regulation | 14 Feb 17

UK bans directors of £1m carbon credit scam

The UK High Court has banned three directors who sold worthless carbon credits as part of a £1m ($1.25m, €1.17m) scam.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.