United Kingdom
Tax & Regulation | 30 Mar 17
Returning expats ‘hardest hit’ by non-dom reforms
Thousands of British expats face significant bills if they return to the UK after new non-dom tax rules come into force next week.
Tax & Regulation | 30 Mar 17
FCA fines ex-investment banker over Whatsapp boasts
A former investment banker has been fined more than £37,000 ($45,965, €42,610) by the FCA after he admitted trying to impress friends by revealing confidential client details in Whatsapp chats.
UK advisers spur growth in Royal London’s life and pensions
Royal London has reported a 28% rise in new life and pensions business to £8.6bn (€9.9bn, $10.6bn), driven by strong sales from UK financial advisers.
Brexit prompts nearly £1m financial services review on Jersey
The government of Jersey is to spend £900,000 ($1.1m, €1m) on another strategic review of the island’s financial services industry, to analyse the implications of Brexit and the effect of digital disruption.
Tax & Regulation | 30 Mar 17
HMRC fails to clamp down on tax evasion as avoidance plummets
The UK tax office is still losing £11.4bn (€13.1bn, $14.1bn) of revenue every year to evasion despite introducing a host of measures aimed at tackling tax avoidance, according to research by consulting firm RSM.