Tax & Regulation
Tax & Regulation | 13 Jun 16
Ex-Schroders trader gets two years for insider dealing
Damian Clarke, a former equities trader at Schroders Investment Management, has been sentenced to two years in prison for insider dealing.
Tax & Regulation | 13 Jun 16
Serious UK tax evasion cases up 8% in a year
The number of serious tax evasion cases in the UK jumped by 8% in 2015/16, with another nearly 3,000 suspected instances referred to HM Revenue & Customs for specialist investigation, according to Pinsent Masons.
Singapore’s financial regulator steps up enforcement
The Monetary Authority of Singapore (MAS) has announced plans to set up a new department to centralise and strengthen its enforcement capabilities.
Tax & Regulation | 9 Jun 16
FCA bans two fraudsters over ‘risky’ pension investments
A British financial adviser and his boss have been banned from working in the financial services industry for lying to clients about where they invested pension pots totalling nearly £24m ($34.9m, €30.7m).
Australian regulator moves to enforce ‘client first’ rule
The Australian corporate regulator has decided to prosecute a financial advisory business for alleged breaches of a new law which requires firms to ensure their advisers put the interests of clients first.