Tax & Regulation
The implications of FAMR for the rest of Europe
The recent release of the UK’s Financial Advice and Market Review (FAMR) might not have had much impact elsewhere in Europe but perhaps it should have done, says Paul Stanfield, secretary general of the European Federation of Financial Advisers and Financial Intermediaries (FECIF)
Tax & Regulation | 22 Apr 16
HMRC claims billion pound week with win against Jersey firm
The UK tax office has won a judgement against a limited partnership registered in Jersey, the Clavis Liberty Fund 1 LP scheme, which it claimed had tried to create artificial tax losses.
Middle East | 21 Apr 16
Jersey signs double tax agreement with UAE
Jersey has signed a double tax agreement (DTA) with the United Arab Emirates in a bid strengthen trade links between the two countries, it has been revealed.
Tax & Regulation | 21 Apr 16
UK offshore firms will be forced to reveal property owners
The British government’s plan to reveal the ultimate owners of offshore companies that have bought property in the UK is likely to be announced by the prime minister David Cameron next month.
Australian banks plan major changes to commission fees
The Australian Bankers Association (ABA), which represents all the country’s major banks, has unveiled a sweeping review of product sales commissions and product based payments with a view to removing or changing them where they lead to poor customer outcomes.