Europe
Overseas pensions to be struck off if not locally regulated
The UK is to require overseas pensions to be regulated in the country where they are established in order to be ‘recognised’ by HM Revenue & Customs (HMRC), as it pushes ahead with plans to scrap the 70% ‘income for life’ rule.
Ronaldo and Mourinho embroiled in €185m Spanish tax avoidance
Football legends Cristiano Ronaldo and Jose Mourinho are accused of dodging millions of dollars of tax by channelling money to offshore tax havens, according to leaked documents obtained by a number of media outlets.
Markets muted as polls get Italy vote right
European markets were largely unmoved on Monday morning despite the Italian electorate’s decision to reject Prime Minister Matteo Renzi’s call for constitutional reform.
Hong Kong and Switzerland sign mutual fund recognition deal
Switzerland and Hong Kong have signed a deal which will allow eligible mutual funds to be distributed in each other’s markets through a streamlined vetting process.
Is Trump really the game changer that markets expect?
Donald Trump’s election to the US presidency has triggered a shake-up of some parts of the equity markets. Is there more to come or have markets been relying too much on their crystal balls?