Tax & Regulation
Tax & Regulation | 16 Feb 16
Pensions still most tax efficient savings option
Despite forthcoming changes to the UK’s tax system, pensions will remain the most efficient form of savings, according to a study from the Institute for Fiscal Studies (IFS).
Alternatives | 16 Feb 16
AIFMD passport inclusion decision expected by June – CIMA
The Cayman Islands Monetary Authority (CIMA) said it is confident the European Securities and Markets Authority (ESMA) would complete its assessment of a second wave of nations for inclusion into the AIFMD passport system by June 30.
ESMA seeks input on regulating benchmarks
The European Securities and Markets Authority (ESMA) is seeking input on the technical implementation of a regulation to improve the governance and control of financial market benchmarking.
Middle East | 15 Feb 16
DFSA amends property fund rules; to offer more online services
The Dubai Financial Services Authority (DFSA) has amended its rules for specialist property funds, and has begun a consultation on extending the range of transactions that it will offer online.
Australia moves to regulate IFA commissions
The Australian government has introduced new legislation to regulate commission payments made by life insurance companies to financial advisers.