Tax & Regulation
Indonesian tax amnesty a boost for wealth management sector
Indonesia is to offer generous incentives for tax evaders to regularise their finances, a move that has been welcomed by the country’s wealth managers, reports Reuters.
Tax & Regulation | 10 Feb 16
How to avoid the seven deadly ISA sins
With two months to go before the end of the current tax year, Maike Currie, investment director for personal investing at Fidelity International highlights seven ISA sins that investors should avoid.
EU officially extends MiFID II application date by one year
The European Commission is to extend the start date of the revised Markets in Financial Instruments Directive, or MiFID II, by one year to 2018.
North America | 9 Feb 16
US expats should keep citizenship despite FATCA, says deVere
American expats should not renounce their citizenship because of FATCA without considering all of their options, according to Nigel Green, chief executive and founder of deVere Group.
Tax & Regulation | 9 Feb 16
FCA fines ex-JP Morgan boss over ‘London Whale’ trades
Achilles Macris has been fined £792,900 by the Financial Conduct Authority for his role in the so-called ‘London Whale’ trades.