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Tax & Regulation

EC signals MIFID II delay

Tax & Regulation | 11 Nov 15

EC signals MIFID II delay

The European Commission has said it is considering a delay of up to a year to the initiation of the second iteration of the Markets in Financial Instruments Directive.

FCA asks industry to ‘road test’ new ideas

Tax & Regulation | 10 Nov 15

FCA asks industry to ‘road test’ new ideas

The Financial Conduct Authority is hoping its ‘regulatory sandbox’ – a proposed test environment for innovative new products and services – will help retain its position as Europe’s leading fintech centre.

Guernsey directors fined for anti-money laundering failings

Tax & Regulation | 9 Nov 15

Guernsey directors fined for anti-money laundering failings

Four executive directors of Guernsey financial services and former QROPS provider Confiance Limited have been fined, and in three cases also banned from performing key functions for five years.

Footballers face £100m losses on film scheme investments

Tax & Regulation | 9 Nov 15

Footballers face £100m losses on film scheme investments

Two financial advisers are responsible for losing as many as 100 top footballers more than £100m from investing in film and property ventures.

MPs attack HMRC for ‘failures’ over tax avoidance reports

Tax & Regulation | 4 Nov 15

MPs attack HMRC for ‘failures’ over tax avoidance reports

HM Revenue & Customs is still failing to report how much cash it has received from its efforts to address aggressive tax avoidance, a group of MPs has said.

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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.