Hong Kong insurance regulator to licence intermediaries
The Federation of Insurers will give up the function in September 2019
The Federation of Insurers will give up the function in September 2019
Move followed criticism of the country’s residence-by-investment programme
Adviser is ‘not a fit and proper person to perform any function in relation to regulated activity’
But the FCA said more work needs to be done before it can intervene
Financial advice firm finds HMRC receipts have risen rapidly since 2014-15
It also logged a large increase in historical cases from over 15 years ago
European parliament deemed favourable regimes ‘discriminatory’ against member state’s citizens
Free sessions will give investment managers and financial advisers an opportunity to learn anywhere
It is marketed as a wealth management strategy that disguises taxable income
The country only has 6,000 qualified financial planners compared to 27,000 in Spain
Lawyer recommends seeking financial advice regarding offshore structures with any UK property
It is investigating if regulated activities were carried out which could lead to compensation claim