News
Best Practice | news 21 Dec 17
FCA hints passporting will continue after Brexit
In a move that clashes with comments made by the European Union’s chief Brexit negotiator, the Financial Conduct Authority has reassured firms that current passporting arrangements between the UK and EU will continue after the UK exits the EU.
Alternatives | news 21 Dec 17
Offshore jurisdictions vie for cryptocurrency dominance
While investors may find the allure of stellar returns on Bitcoins too much to resist, offshore centres are catching up to offer services and regulations for the emerging cryptocurrencies.
Firms given a six month reprieve on key Mifid II rule
The Financial Conduct Authority has backed a move by the European regulator to give firms a six-month reprieve if they fail to secure a key Mifid II requirement from clients.
Rathbones’ Thomson slashes UK exposure
Rathbones’ Global Opportunities Fund has dropped its UK exposure from 25% to 7% over the past year.
Trump tax plan to double estate exemption
The US senate is poised to pass into law a bill that will radically overhaul the country’s tax system, however some conservatives say the reforms still fall short when it comes to estate tax.