United Kingdom
UK regulator must see danger in the Priip Kid
The Association for Investment Companies (AIC) has added its voice to the criticism of the key information document (Kid) required under the retail investment and insurance products (Priip) regulations following a call for feedback by the UK’s Financial Conduct Authority (FCA).
PEOPLE MOVES: Abacus Financial Consultants, Butterfield, Nucleus
Abacus Financial Consultants head of recruitment joins recruitment boutique, Butterfield appoints for Asia push and Nucleus names two non exec directors and remuneration chair.
Former Arsenal football agent loses £1.2m tax battle
A former top football agent, who had players on his books from Arsenal, Chelsea FC and Blackburn Rovers, has lost his £1.2m (€1.35m, $1.58m) tax battle with HM Revenue & Customs.
Hansard’s Bahamas operation to service Latin America growth
Hansard Global’s recently announced Bahamas operation will be used to support its “rapidly growing” Latin American client base, according to the specialist long-term savings providers latest results.
Best Practice | 26 Jul 18
‘Onerous compliance’ behind UK money laundering failings
UK anti money laundering efforts are struggling because heavy handed reporting rules are creating a glut in poor quality reports – a reform body has said.