Europe
UK asset managers risk being shut out post-Brexit
If they don’t heed the stark warning from the European Commissions about the legal repercussions of Brexit, asset managers in the UK are at risk of being shut out of the European market, warns Brendan Adams, managing director, VAM Global Management Company.
Art dynasty heir cleared of tax evasion – twice
One of the biggest tax fraud trials in France’s history, involving world-renowned art dealer Guy Wildenstein who was facing a €250m (£221m, $290m) fine, has ended with all parties being acquitted.
International fight against tax fraud steps up a gear
The UK, Canada, the Netherlands, the United States and Australia have launched an international tax and anti-money laundering team.
European IFA clients facing ‘perfect storm’
Client inertia over low rates and poor financial planning choices are eating into the continent’s future – a Europe-wide survey has found.
Advisers join asset manager KID reform push
International advisers have joined European fund managers in a call to reform key information documents for packaged retail and insurance-based investment products – six months into implementation.