Tax & Regulation
Plans for a Chinese ‘super regulator’ relaxed
Plans to amalgamate China’s three financial services watchdogs into a ‘super regulator’ have been cast into doubt with officials saying that the government may keep the China Securities Regulatory Commission (CSRC) as a standalone body.
Tax & Regulation | 12 Sep 16
FCA to ‘steer away’ from fund manager fee cap
The Financial Conduct Authority (FCA) is set to hold back from capping the fees fund managers charge on their products, according to reports.
Retirement | 9 Sep 16
Five questions the UK’s autumn statement needs to answer
With a date of 23 November now set for chancellor Philip Hammond’s first autumn statement, AJ Bell senior analyst Tom Selby has outlined five questions Hammond needs to answer when he takes to the despatch box.
North America | 9 Sep 16
SEC fines two advice firms over client fee disclosure
The US Securities and Exchange Commission has settled charges against two investment advice firms after some clients were unaware that they were being charged more than the single fee they were paying for investment services.
Best Practice | 9 Sep 16
Date set for Hammond’s autumn UK statement
The UK’s newly installed chancellor of the exchequer Philip Hammond is to make his first autumn statement in the house of commons on 23 November, putting his own stamp on the treasury and setting out the financials post the Brexit vote.