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Tax & Regulation

HMRC triumphs in anti-accelerated payment notice legal battle

Tax & Regulation | 3 Aug 15

HMRC triumphs in anti-accelerated payment notice legal battle

A challenge to the legality of HM Revenue & Customs’ accelerated payment notices has been rejected by the High Court.

ESMA recommends six non-EU nations for AIFMD passport

Alternatives | 30 Jul 15

ESMA recommends six non-EU nations for AIFMD passport

The European Securities and Markets Authority (ESMA) has recommended that six countries should be among the first wave of non-EU countries to get access to a Europe-wide passport under the Alternative Investment Fund Managers Directive (AIFMD).

FCA issues guidance for firms to prevent product mis-selling

Tax & Regulation | 27 Jul 15

FCA issues guidance for firms to prevent product mis-selling

Advisory firms should not “rule by fear” and put undue pressure on staff if they underperform against sales targets, the Financial Conduct Authority has said in new guidance issued on Monday.

Belvedere-owned stockbroker has two licences suspended

Tax & Regulation | 27 Jul 15

Belvedere-owned stockbroker has two licences suspended

A Mauritius-based stockbroker owned by troubled offshore fund group Belvedere Management has had two of its licences suspended by the island’s Financial Services Commission.

Australia announces major review into financial regulator

Tax & Regulation | 24 Jul 15

Australia announces major review into financial regulator

The Australian Government has announced a full scale review of the country’s main financial regulator to assess its performance and see whether it has adequate capabilities and systems.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.