Tax & Regulation
Retirement | 28 Dec 15
UK Qrops scheme closures rock the IFA industry in 2015
The decision by HM Revenue & Customs (HMRC) to drop thousands of Qrops from its list of recognised overseas pension schemes was one of the biggest stories of 2015.
Technical briefing: Full disclosure impacts
Manufacturers will shoulder the burden when new European rules, which enable consumers to compare retail savings and investment products, come into force on 31 December 2016.
Middle East | 23 Dec 15
Qatar streamlines financial rules, targets Islamic banking
The Qatar Financial Centre (QFC) Regulatory Authority has introduced a new set of Islamic banking regulations and a revised set of its Conduct of Business rules to boost the Gulf nation’s appeal to financial businesses and investors.
ESMA unveils guidelines to improve cross-selling practices
The European Securities and Markets Authority (ESMA) has published its guidelines on cross-selling products under MiFID II aimed at improving the treatment of investors when an investment firm offers two or more financial products or services as part of a package.
Tax & Regulation | 22 Dec 15
‘Unhelpful’ advice labels should be reviewed – OMW
Old Mutual calls for the UK government to find ways to decrease the wealth management industry’s regulatory burden, in response to the Financial Advice Market Review.