Tax & Regulation
Tax & Regulation | 3 Aug 15
APFA says UK Gov’t needs to fix ‘unfair rules’ facing advisers
The UK Government needs to address “unfair rules” which mean advisers face uncapped liability until death, the Association of Professional Financial Advisers (APFA) said in its response to the launch of a Financial Advice Market Review.
Tax & Regulation | 3 Aug 15
UK Gov’t launches review of financial advice industry
The British Government has announced a major review of the regulatory and legal framework governing the whole financial advice industry.
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.
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).
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.