Europe
Chinese conglomerate moves on Guernsey and London fund houses
A Chinese conglomerate with ambitions in the west has acquired a London-based asset manager and its Guernsey-based subsidiary.
EU advisers face VAT fees after ‘historic’ Italian ruling
The Italian tax authority has ruled that independent financial advisers are subject to VAT fees, setting a legal precedent for other EU nations to adopt.
EU launches fresh Paradise Papers inquiry
The European Parliament is to investigate the Paradise Papers to look for “financial crimes, tax evasion and tax avoidance”.
The robo adviser looking to collaborate not compete
Advisers have nothing to fear from Scalable Capital, Adam French, co-founder of the Blackrock-backed digital wealth manager, tells International Adviser.
Brits win court decision on post-Brexit citizenship
Five British nationals living in the Netherlands have won the right to have their case to retain EU citizenship after Brexit passed to the European Court of Justice (ECJ).