News
United Kingdom | news 11 Jul 14
GFSC commission secretary resigns
The Guernsey Financial Services Commission has suffered another blow with the resignation of its commission secretary.
Investment | news 11 Jul 14
Skandia says property fund sales on the up
Skandia has said data from its investment solutions platform show a spike in property fund sales.
Two leading Chinese banks in money
Two leading Chinese banks have been accused of breaking foreign exchange rules by helping people take money out of the country.
FPI could be sold Lombard Intl purchased
Friends Life has agreed to sell its Luxembourg-based Lombard International Assurance business to global investment group Blackstone for an initial consideration of £317m (399m).
Tax & Regulation | news 10 Jul 14
HMRC m tax avoidance fines
An international law firm has accused HM Revenue & Customs of a “sudden and unprecedented escalation” after it revealed full details about the powers which will allow it to impose £1m fines on tax advisers.