News
Macro Views | news 27 Apr 16
Lacklustre UK GDP growth at 0.4% in Q1
The latest official UK GDP figures showed 0.4% growth in the first quarter of 2016 in line with forecasts, and down from 0.6% the previous quarter.
Barclays speeds up sale of French arm as Q1 profits dip
Barclays has entered exclusive talks with specialist European private equity firm AnaCap Financial Partners to sell the bank’s French wealth management and retail banking operations.
Tax & Regulation | news 27 Apr 16
FCA probes a further 44 firms over Panama Papers
The UK’s Financial Conduct Authority (FCA) has asked a further 44 financial services firms to disclose their involvement in the tax-evasive practices uncovered by the Panama Papers leak.
Tax & Regulation | news 27 Apr 16
UK MPs query regulator over £74m financial adviser levy
The chairman of the UK’s Treasury select committee, Andrew Tyrie, has asked the Financial Conduct Authority (FCA) to explain how it will ensure levy payers are getting value for money.
Middle East | news 27 Apr 16
UAE regulator SCA extends scope to cover financial planning
The Securities and Commodities Authority (SCA) in the UAE has amended its regulations to enable licenced advisers to offer clients a full financial planning service, creating a “distinct line” between its remit and that of the Insurance Authority.