Tax & Regulation
Tax & Regulation | 14 Apr 16
More action needed to advance global tax transparency, OECD says
The international community should call time on all remaining nations who have yet to implement internationally agreed tax transparency standards, OECD secretary-general Angel Gurría said on Thursday in a new report to the G20.
North America | 14 Apr 16
Canada investigates fund transfers to the Isle of Man
Canada’s Revenue Agency (CRA) has audited 3,000 electronic funds transfers to the Isle of Man, made by around 800 Canadian taxpayers totalling C$860m (£472.2m, $672.5m, €593.4m).
Alternatives | 14 Apr 16
Irish Funds forecasts ‘significant’ growth in AIFs
Irish Funds, which represents the international fund community in Dublin, saw strong growth in the number of new Alternative Investment Funds (AIFs) in 2015 and expects that trend to continue.
Tax & Regulation | 14 Apr 16
Fund fees fall by a fifth after RDR
Investors are now paying over a fifth less in annual fund fees as a result of the introduction of the Retail Distribution Review (RDR), according to analysis by online investment platform rplan
Tax & Regulation | 13 Apr 16
Bespoke Sipp providers may ‘flounder’ in FCA cap ad changes
A number of British firms offering bespoke self-invested personal pensions (Sipps) could go out of business when the Financial Conduct Authority’s (FCA) new capital adequacy requirements come into force in September, according to James Hay, one of the UK’s largest Sipps providers.