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Tax & Regulation

Abu Dhabi Financial Centre to add independent appeals panel

Middle East | 28 Apr 16

Abu Dhabi Financial Centre to add independent appeals panel

Abu Dhabi’s new international financial centre plans to establish an appeals panel to work alongside its regulatory committee which will be staffed by four senior UK barristers.

Panama Papers database to expose over 200,000 offshore firms

Tax & Regulation | 27 Apr 16

Panama Papers database to expose over 200,000 offshore firms

More than 200,000 offshore firms will have details of their links to the Panama Papers scandal made available when The International Consortium of Investigative Journalists (ICIJ) launches a searchable database next month.

FCA probes a further 44 firms over Panama Papers

Tax & Regulation | 27 Apr 16

FCA probes a further 44 firms over Panama Papers

The UK’s Financial Conduct Authority (FCA) has asked a further 44 financial services firms to disclose their involvement in the tax-evasive practices uncovered by the Panama Papers leak.

UK MPs query regulator over £74m financial adviser levy

Tax & Regulation | 27 Apr 16

UK MPs query regulator over £74m financial adviser levy

The chairman of the UK’s Treasury select committee, Andrew Tyrie, has asked the Financial Conduct Authority (FCA) to explain how it will ensure levy payers are getting value for money.

UAE regulator SCA extends scope to cover financial planning

Middle East | 27 Apr 16

UAE regulator SCA extends scope to cover financial planning

The Securities and Commodities Authority (SCA) in the UAE has amended its regulations to enable licenced advisers to offer clients a full financial planning service, creating a “distinct line” between its remit and that of the Insurance Authority.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.