FCA warns consumers on misleading ads for over-50s life cover
It says adverts promoting product features should be presented in a ‘fair, clear, and non-misleading way’
Tax & Regulation
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Chinese court to investigate Hong Kong asset transfers
Businesses have been moving their assets to Hong Kong after collapsing in China
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Disgraced UK investment firm execs to pay £80m fine
Ex-Keydata bosses given 16 days to pay or the regulator will take steps to recover the debt
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Is a regulatory reprieve on the cards for small advice firms?
UK’s Financial Conduct Authority to review its impact
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Germany looking to become China’s product hub in Europe
Chinese regulators set to sign deals with German watchdog within the next few days
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Product governance rules high on UK regulator’s agenda
The FCA’s focus around Mifid II in 2018 was on cost and charges
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Jersey to run no-deal Brexit scenarios after futile UK vote
Gibraltar, Jersey, Guernsey and IoM outline strategies after EU withdrawal agreement goes down in flames
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Hong Kong signs fund distribution agreement with Luxembourg
The MoU expands the Hong Kong regulator’s mutual recognition of funds network to five
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UK grants three-year extension for public ownership registers
British Overseas Territories will now have until 2023 to comply
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Heartwood IM rolls out reporting service for IFAs
Advisers can create custom reports for clients
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India outlines mandatory registration for expats
People leaving the country would need to be registered or departure could be refused
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Italy lures retired foreigners with low tax regime
Spoiled for choice – Italian government offers prospective residents sun, good food and low taxes