Tax & Regulation
Charges filed against another Thai adviser in SEC clampdown
The Thai Securities and Exchange Commission has filed charges against a fifth financial advice firm in two months.
Ten Singapore advice firms fined in anti-competition probe
The Competition Commission of Singapore (CCS) has fined 10 firms nearly S$1m for collaborating to pressure a competitor to withdraw an offer of a 50% commission rebate on life insurance products.
Tax & Regulation | 17 Mar 16
Crown dependency DTA change ends property developer loophole
The UK’s double tax agreements (DTA) with Guernsey, Jersey, and the Isle of Man have been amended so that non-UK resident property developers will no longer be able to avoid paying income or corporation tax in the UK.
Alternatives | 17 Mar 16
AIMA launches Bermuda network
The Alternative Investment Management Association (Aima), the global representative body for alternative asset managers, is to establish a new voluntary network in Bermuda.
Tax & Regulation | 17 Mar 16
Guernsey court refuses to reverse man’s £560k tax bill
A Guernsey court has refused to reverse a decision that left a man with over half a million pound tax bill after he was wrongly advised that he could withdraw £1.4m ($2m, €1.8m) from his pension pot.