Tax & Regulation
ESMA consults on MiFID II
The European Securities and Markets Authority (ESMA) has begun consulting the financial industry on its proposal that adviser standards should be set by individual national authorities under MiFID II.
IA issues core guidelines on investment manager conduct
The Investment Association has issued a list of core principles that should be followed by money managers to maintain client confidence.
Tax & Regulation | 28 Apr 15
HMRC ramps up investigations into quick rich earners
The tax affairs of individuals with rapidly rising wealth are to come under more intense scrutiny by HM Revenue & Customs.
Swiss compliance service launched for asset managers
A service to help Swiss asset management firms comply with new rules introduced by the Swiss Financial Market Supervisory Authority has been launched.
Tax & Regulation | 23 Apr 15
Commonwealth Bank ordered to pay advice compensation
Australia’s corporate and financial service regulator ASIC has ordered the Commonwealth Bank to contact up to 2,740 customers and give them A$5,000 for an independent review of their financial position after they received poor advice.