Europe
STM chief executive arrested in Gibraltar
The chief executive of cross border financial services provider STM Group, Alan Kentish, was arrested by the Royal Gibraltar Police in relation to a tax issue in 2015 involving an STM client company.
Guernsey set to cut tax on mansions over £1.5m
Guernsey looks set to make itself more attractive to high net worth expats with the adoption of a tax cut on open market property worth at least £1.5m ($1.98m €1.7m).
SEC clears path to US research post-Mifid
The Securities and Exchange Commission (SEC) has announced that UK investment firms will be able to temporarily access research from the US post-Mifid II.
Best Practice | 27 Oct 17
Driving advice in Europe from sales to profession
Advisers in Europe need to embrace the hurricane of legislation that is about to hit them or risk “driving their business into a cul-de-sac with no reverse gear“, writes Chris Lean, a Czech-based chartered financial planner with Aisa International.
No surprises from Draghi: ECB halves asset purchases to €30bn
The European Central Bank (ECB) will cut the size of its monthly asset purchases in half from January next year, the bank’s president Mario Draghi announced on Thursday. Bond and equity markets, as well as the euro, hardly responded to the announcement.