Tax & Regulation
North America | 9 Jan 17
US politician introduces bill to delay adviser reforms
A US congressman has introduced a bill that could delay the Department of Labor’s (DoL) much-anticipated fiduciary rule by at least two years.
Tax & Regulation | 9 Jan 17
Top HMRC criminal cases of 2016
HM Revenue & Customs (HMRC) has revealed its 10 most significant fraud and organised crime cases of 2016. In the ongoing fight against tax evasion, HMRC prosecuted a range of tax fraudsters leading to 679 individuals being convicted for their part in tax crimes, with sentences for 2016 totalling more than 730 years.
Retail investor protection strengthened in Singapore
Retail investors in Singapore will receive greater protection following changes to the Securities and Futures Act (SFA).
Tax & Regulation | 6 Jan 17
Zurich ordered to pay £223k over IHT advice to British expat
A UK judge has ordered Zurich to pay damages of £223,000 ($275,211, €261,185) over wrong advice given to a British expat looking to reduce her inheritance tax (IHT) liability.
Singapore account holders must disclose tax residency status
Account holders in Singapore have been told by the taxman to fully cooperate with their financial institutions as they determine the tax residency status of their clients under the Common Reporting Standard (CRS).