Tax & Regulation
Tax & Regulation | 25 Nov 15
Funding boost for HMRC’s digital transformation
HM Revenue & Customs (HMRC) is to receive more than a billion in additional funding to digitalise the UK’s tax system and introduce personalised digital accounts, removing the need for annual tax returns, chancellor George Osborne announced Wednesday.
Imminent decision to delay MiFID II in full says report
Europe’s MiFID II legislation looks set to be delayed in full by a year after parliamentarians agreed not to block requests from policymakers and regulators to postpone it.
Tax & Regulation | 25 Nov 15
Ex-IFA’s landmark jail term for ‘giant Ponzi scheme’ upheld
The UK Court of Appeal has upheld a landmark sentence of 10 years’ imprisonment imposed on former independent financial adviser Phillip Boakes following his conviction on charges brought by the Financial Conduct Authority (FCA).
Middle East | 24 Nov 15
Dubai FSA undertakes full scale review of insurance regime
The Dubai Financial Services Authority (DFSA) has issued a consultation paper on the insurance sector in a bid to clarify and update the regulatory regime.
Tax & Regulation | 23 Nov 15
Weariness prevails as UK’s autumn statement looms
With the autumn statement looming large, industry leaders are speculating, with more than a small hint of weariness, about what the chancellor could announce this time.