Tax & Regulation
Garry Heath launches new UK trade body for IFAs
A new trade association representing UK financial advisers has been launched to give the industry a louder voice in discussions with government and regulators.
Australia’s ASIC to ramp up jail terms for financial crimes
The head of Australia’s main financial services regulator Greg Medcraft has called for more white collar criminals to be jailed and said he has built up a $40 million fund to prosecute people suspected of financial misconduct.
Tax & Regulation | 13 May 15
10 implications of the UK General Election result for non-doms
The Conservative Party’s surprise majority victory in the UK General Election will allow the new government to press ahead with its promise to make greater efforts to counter tax avoidance and evasion. Here are 10 points that highlight what this means for those claiming non-domicile tax status.
Tax & Regulation | 13 May 15
Non-doms remain under threat despite Labour defeat
Changing legislation and rising charges will mean that non-doms cannot rest on their laurels following the election of a majority Conservative government in the UK general election last week, warns law firm Stephenson Harwood.
Malaysian IFAs should switch to fee for service – experts
Financial advisers in Malaysia should not wait for regulators to replace commissions with fees for service, but follow the global trend favouring such arrangements, according to panellists at s recent Expert Investment Forum in Kuala Lumpur.