Tax & Regulation
Tax & Regulation | 15 Jun 15
UK gov’t minister warns pension providers to increase reform efforts
Britain’s Work and Pensions Minister Iain Duncan Smith has warned the pension industry to stop dragging its feet over implementing the government’s reforms, which came into effect on 6 April.
North America | 15 Jun 15
Anti-FATCA group finalises lawsuit against Canadian Gov’t
A group promoting Canadian sovereignty has raised 80% of the funds required to take the Canadian Government to court for providing residents’ details to the US for its Foreign Account Tax Compliance Act (FATCA).
North America | 11 Jun 15
Financial institutions must prepare for ‘FATCA on steroids’
Financial institutions around the world must ‘get their act together’ for the introduction of the OECD’s Common Reporting Standard (CRS) in seven months, Linedata has warned.
Tax & Regulation | 11 Jun 15
Russia launches disclosure program to reclaim assets
The Russian Duma has introduced a voluntary disclosure program for all Russian citizens as it looks to stem the “offshorisation” of Russian money.
Tax & Regulation | 11 Jun 15
BoE set to tighten rules on asset managers
Declaring ‘the age of irresponsibility’ over, the governor of the Bank of England has announced plans to extend tough new rules on senior management behaviour to asset managers.