Tax & Regulation
Tax & Regulation | 17 Dec 15
Osborne to appoint new FCA chief executive soon
Chancellor George Osborne is expected to name the new chief executive of the UK’s Financial Conduct Authority (FCA) within the next few weeks.
Tax & Regulation | 17 Dec 15
Tax fraud costs UK government £16bn a year
HM Revenue & Customs loses billions each year as a result of fraud and needs to improve its use of data and analysis to tackle tax fraud, the hidden economy, and criminal attacks, according to a new report.
Tax & Regulation | 16 Dec 15
JFSC’s structure changes, trust company fees set to rise
The Jersey Financial Services Commission (JFSC) has announced changes to the structure, processes, and systems it uses to regulate the island’s international financial services industry.
Tax & Regulation | 15 Dec 15
Threadneedle fined £6m over Gersamia fraud case
Threadneedle Asset Management has been fined more than £6m by the FCA following an attempted fraudulent trade involving a former emerging market debt fund manager Vladimir Gersamia.
Tax & Regulation | 15 Dec 15
New UK secondary annuities market greeted with caution
The UK financial services industry has cautiously welcomed the government’s plans to extend its pension freedoms and create a new secondary annuities market by giving more than five million people the ability to sell their annuity from 6 April 2017.