Europe
Denmark targets Airbnb tax evaders
Sharing economy pioneer Airbnb will automatically report any income earned by homeowners in Denmark to the Danish tax authority in a bid to help it clamp down on tax evasion.
We need mutual recognition over equivalence post Brexit: Pimfa
The UK investment management industry needs to access the European Union via mutual recognition, not equivalence, after Brexit, argues Personal Investment Management and Financial Advice Association policy adviser Alex Merriman.
Blacktower expands with US and German businesses
European IFA firm Blacktower Group has launched two separately regulated companies – its first US business and a second operation in Germany.
M&G to shift £34bn to Europe on Brexit uncertainty
Fund manager M&G Investments is planning to transfer £34.2bn (€38.9bn, $46.2bn) of non-sterling assets to Luxembourg ahead of the UK’s exit from the European Union.
UAE and Hong Kong among biggest UK money laundering threats
The UAE and Hong Kong have been included in a list of overseas jurisdictions which the UK’s National Crime Agency says have the most enduring money laundering impact on the UK.