News
People Moves | news 2 Jan 18
PEOPLE MOVES: FCA, SJP, Penningtons Manches and others
The lawyer, who advised the UK government during the financial crisis, looks set to lead the Financial Conduct Authority, St James’ Place new chief executive started settling in at the adviser and private client lawyers Penningtons Manches appoints a trio to its offices.
IDD to be pushed back 7 months
The European Commission is to push back the Insurance Distribution Directive (IDD) by seven months to 1 October 2018.
Gibraltar launches blockchain regulatory first
Gibraltar has launched the world’s first regulatory framework for blockchain technology.
Tax & Regulation | news 2 Jan 18
Celebs lose film scheme tax plea
Celebrities including Premiership footballers embroiled in the failed Ingenious Film scheme have lost their tax relief appeal with HM Revenue and Customs.
Mifid II to boost Europe’s passive funds over active funds
Europe’s passive funds will be given a boost in 2018 at the expense of active funds thanks to Mifid II’s drive for transparency on costs, according to research firm Cerulli Associates.