Tax & Regulation

Tax & Regulation | 19 Apr 16

The Financial Conduct Authority (FCA) has warned financial advisers in the UK to stop attending hospitality events such as rugby matches, often put on by investment firms looking to sell them products, as it may create conflicts of interest.

Asia | 19 Apr 16

Introducing a fee-based only regime for South Korea’s financial advisory sector, as proposed by the country’s regulator, will help wealth management become “a more common concept” for Korean investors, said Young Soo Kim, head of distribution at Schroders Korea.

Asia | 18 Apr 16

DeVere Group Hong Kong Ltd, which is no longer owned by the deVere Group, has been fined by the Hong Kong insurance regulator after a lengthy investigation into various breaches of its regulations.

Tax & Regulation | 18 Apr 16

The British government has published details of its proposed new law making senior management of a financial services firm criminally liable if any member of staff facilitates tax evasion, and has called on the industry to provide feedback.

Tax & Regulation | 15 Apr 16

HM Revenue & Customs has been accused of not doing enough to tackle tax fraud and making “only limited progress” in reducing the UK’s tax losses, according to the House of Commons’ Public Accounts Committee (PAC).