Tax & Regulation
EU starts the countdown to IDD, set for Feb 2018 start
The Insurance Distribution Directive (IDD), which will regulate the distribution of insurance products across the EU, will come into full force by February 2018.
Middle East | 1 Feb 16
UAE Insurance Authority issues licence to Guardian Wealth Mgt
The UAE’s insurance regulator has granted its first brokerage licence in around eight years, to international IFA firm Guardian Wealth Management.
Tax & Regulation | 29 Jan 16
Making tax digital: HMRC’s myth-buster
Horror stories have been rife since HM Revenue and Customs (HMRC) committed to transforming and digitising the UK tax system at the March 2015 budget. To allay fears the tax regulator has addressed some of the myths that have arisen.
Tax & Regulation | 27 Jan 16
Talk of UK commissions return draws ire
A return to commission payments would be a huge step backwards and contrary to the retail distribution review, said industry leaders after the Financial Conduct Authority’s (FCA) interim chief executive failed to rule out a return to commission payments.
New IoM code to push insurers to stick to the rules
A planned new code of conduct governing how Isle of Man-based insurers do business is likely to urge firms to only operate in regions where they are appropriately licensed, according to a highly placed industry source.