Regulation to make life ‘harder and harder’ for wealth firms
Regulation will make the job of a wealth manager “harder and harder” over the coming years, Quilter Cheviot’s Mark Hallam has said.
Regulation will make the job of a wealth manager “harder and harder” over the coming years, Quilter Cheviot’s Mark Hallam has said.
Firms that need to change their regulatory permissions to comply with Mifid II must act now, the UK’s Financial Conduct Authority has warned.
Securing a deal on reciprocal rights for millions of British expats living in the EU is set to be the “first aim” of Brexit negotiations, which kicked into action in Brussels on Monday.
British chancellor Philip Hammond has hinted at tax rises to help fund an end to the government’s austerity programme as prime minister Theresa May has yet to secure a deal that will allow the Conservatives to stay in power.
Football legend Cristiano Ronaldo may have decided to leave Real Madrid amid claims he is angry at his treatment by Spanish authorities and reports that Portugal has launched its own tax fraud probe into the world’s highest paid athlete.
John Bourbon, the former director of Isle of Man-based Premier Group, the company behind the ill-fated £300m New Earth Group of funds, has described the regulator’s decision to investigate allegations of mis-selling against the fund manager “something of a witch hunt”.
The Australian Government has approved an industry funding model that will see retail financial advisers pay at least A$1,500 (£890, $1,136, €1,012) each to fund the Australian Securities and Investments Commission (Asic).
Alan Shearer has agreed a settlement deal after launching a £9m ($11.5m, €10.2m) court bid against his former financial adviser for giving the ex-Newcastle United and England striker negligent financial advice.
The Dutch government may be looking to reduce a 30% tax break used by wealthy expats after it was deemed “too generous”, according to a new report.
After an astonishing general election that delivered a hung UK parliament, there has been nothing but political uncertainty in recent weeks. All eyes now turn to the delayed Queen’s Speech on 19 June, setting out the legislative programme for this year. Click on the arrows in picture below to see five things likely to come…
Gibraltar has lost a landmark legal battle to be recognised as a separate EU state for tax purposes, in a ruling that deals a further blow to the British overseas territory’s hopes of securing a special status post-Brexit.
Spain’s Prosecutor’s Office in Madrid has filed a tax fraud lawsuit against Real Madrid star Cristiano Ronaldo.