The Cayman Islands Government has entered into dialogue with the UK to change parts of its constitution, as it looks to prevent Britain being able to legislate and impose its will on the jurisdiction.
Property owners who rented out their Windsor properties for thousands of pounds over the Royal wedding weekend or those selling their Royal goodie bags on eBay, risk a tax hangover if they hide their windfall, London accountants Blick Rothenberg have warned.
The UK’s Financial Conduct Authority (FCA) has made it clear it will hold robo advice firms to the same high standards as human advisers, with experts saying the honeymoon is now over for those trying to curb the rules.
The UK’s Pension lifeboat scheme has made its first compensation payments, totalling £5.7m (€6.4m, $7.6m), to customers of the failed discretionary fund manager Strand Capital.
United Arab Emirates (UAE) lawmakers have approved a long-term visa for international investors and talented professionals and are set to introduce a law that will allow foreigners to own companies outright in the Gulf state.
Money laundering is a matter of national security for the UK, and it therefore has the constitutional right to make British Overseas Territories (BOTs) introduce public registers of beneficial ownership, according to a select committee report.
Sharing economy pioneer Airbnb will automatically report any income earned by homeowners in Denmark to the Danish tax authority in a bid to help it clamp down on tax evasion.
The much-maligned European Union tax haven blacklist is set to shrink to seven jurisdictions following the removal of the Bahamas and St Kitts & Nevis.
Professional indemnity (PI) insurers are doing more than the Financial Conduct Authority to make the lives of IFAs providing defined benefit (DB) pension transfer advice difficult.
Former Prudential, AIA and Citibank employees have been prohibited from providing financial advice services in Singapore, after they were found to have mis-sold investment products.
The UK tax office’s decision to appeal a £15m tax ruling in favour of financial services firm Hargreaves Lansdown has left the investment industry in limbo over discounts provided to investors in funds.
Switzerland will start automatically exchanging financial account information with Singapore and Hong Kong from Autumn 2019 and with other financial centres from 2020.
