United Kingdom
Tax & Regulation | 3 Apr 17
UK wealth managers refused FCA opt out from Mifid ‘taping’ rule
New rules to force UK wealth managers to tape telephone calls with clients will not apply to smaller advisory firms, the FCA revealed on Friday.
Best Practice | 31 Mar 17
What the changes to the UK nil rate band mean for IHT planning
A staggering 70% of people have no understanding of the new residence nil rate band allowance coming into force on 6 April, which could have serious implications for their inheritance tax planning, warns Old Mutual Wealth financial planning expert, Rachael Griffin.
Latin America | 31 Mar 17
Defunct Premier Group links uncovered in Panama Papers
Wound up Isle of Man-based investment fund manager the Premier Group has links to the Panama Papers, the worldwide scandal described as the “biggest ever blow” to the offshore world.
Tax & Regulation | 30 Mar 17
Returning expats ‘hardest hit’ by non-dom reforms
Thousands of British expats face significant bills if they return to the UK after new non-dom tax rules come into force next week.
Tax & Regulation | 30 Mar 17
FCA fines ex-investment banker over Whatsapp boasts
A former investment banker has been fined more than £37,000 ($45,965, €42,610) by the FCA after he admitted trying to impress friends by revealing confidential client details in Whatsapp chats.