News
China to relax foreign ownership rules for life insurers
China is looking to relax foreign ownership restrictions for life insurance companies and fund managers as part of its commitment to open up Asia’s largest equities market to foreign investors.
Tax & Regulation | news 14 Nov 16
Former BHS owner Dominic Chappell arrested in HMRC probe
Dominic Chappell, the former owner of the collapsed UK department store BHS, has been arrested as part of an investigation by HM Revenue & Customs into the tax affairs of his company Swiss Rock.
Investment | news 14 Nov 16
Brooks Macdonald inks first international deal with Dubai IFA
Brooks Macdonald, the specialist discretionary fund management provider, has announced its first international strategic alliance, signing a deal with Dubai-based advisers Abacus Financial Consultants.
Best Practice | news 11 Nov 16
Zero corporation tax does not ‘make’ a tax haven: EU ministers
Jurisdictions that offer zero rates of corporation tax, such as Jersey and Guernsey, may not automatically be considered tax havens, EU finance ministers have said.
North America | news 11 Nov 16
Trump win casts doubt over US fiduciary rule
President-elect Donald Trump may look to overturn the US Department of Labor’s fiduciary rule, set to go live in April, requiring specialist retirement advisers to put their client’s interests first, although some say scrapping it is unlikely.