News
Vanguard to shut Singapore office
Investment company Vanguard has decided to consolidate its Singapore operational and client activities in Hong Kong.
Naming and shaming tax avoiders doesn’t work
The threat of having their names made public does not stop people and companies from avoiding paying tax, a report commissioned by HM Revenue & Customs has found.
Australian financial advisers face ‘provisional’ year
New financial advisers in Australia could soon be known as “provisional financial advisers” and be required to undergo 12 months of practical, on-the-job training.
Gina Miller takes action against FCA over Mifid II silence
The UK’s Financial Conduct Authority has been taken to task for a lack of transparency over its enforcement of Mifid II rules around costs and charges by Gina Miller, co-founder of wealth management firm SCM Direct.
‘Suspicious wealth’ bought £4.2bn of London property
Criminals will have fewer places to hide their dirty money after the UK announced a world-first public register that will force foreign companies owning UK properties to reveal their ultimate owners.