Top 10 Europe stories of 2017
By Tom Carnegie, 22 Dec 17
The arrest of a Gibraltar based financial chief executive, the EU tax haven blacklist and expats angry at Brexit were among the top stories driving the agenda in 2017. To see the others, click through the slides.
In May a Gibraltar financial services firm with links to the Panama Papers was fined and had two of its directors banned for prov43iding trustee services to pension schemes despite having been denied permission to do so by the regulator.
The Gibraltar Financial Services Commission (GFSC) found that Gnat Holdings, a subsidiary of the Hawk Group, provided professional trustee services to a Qrops scheme and an occupational pension scheme without appropriate regulatory permission.
The Hawk Group was licensed by the GFSC to provide financial services, but this did not include professional trustee services.
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