United Kingdom
Best Practice | 8 Dec 17
Sterling has mixed fortunes on Brexit ‘breakthrough’
Sterling has had a mixed reaction to Britain and the EU completing the first phase of negotiations and reaching a historic deal overnight.
Best Practice | 8 Dec 17
Advice to take on new meaning in January
The UK regulator is to introduce a new definition of advice on 3 January 2018 in a move to bring it in line with the Mifid II definition.
Investment | 7 Dec 17
Market too complacent over Corbyn-led government: Buxton
Old Mutual Global Investors (OMGI) chief executive Richard Buxton is concerned that markets are failing to adequately price-in the likelihood of a Jeremy Corbyn-led Labour government next year.
UAE questions US omission from tax haven blacklist
Dubai wealth managers have questioned why countries like the US and Switzerland have been left off the EU tax haven blacklist but the UAE has been included.
Best Practice | 7 Dec 17
Offshore advisers fear new regulatory burden from HMRC
Offshore advisers have given a cautious thumbs-up to additional requirements to tell HM Revenue & Customs when they set up complex offshore schemes but have expressed concern that legitimate schemes could be targeted as well as abusive ones.

