Regions
Best Practice | 17 Nov 17
UK offshore tax evaders face 200% penalties
Offshore tax evaders face “much higher” penalties for non-compliance under new Right To Correct (RTC) rules revealed by HM Revenue & Customs.
The plus and minus of China’s new foreign ownership rules
China recently announced it would ease foreign ownership limits for fund management firms, but huge challenges await foreign players that want to enter China’s retail investor market, industry sources said.
Regulator gives STM more time ahead of failings probe
The Gibraltar Financial Services Commission has agreed to stand inspectors down ahead of a new court date.
Investment | 16 Nov 17
UK’s worst manager shuts up shop
Jayesh Manek will be shutting his flagship growth fund after 20 years, following years of being one of the UK’s worst performing managers.
Regulator calls on STM to ‘work together’ over failings probe
Gibraltar’s financial regulator has called on STM Group to “work together” after the firm ordered lawyers to block a probe into potential failings at the firm.