With a date of 23 November now set for chancellor Philip Hammond’s first autumn statement, AJ Bell senior analyst Tom Selby has outlined five questions Hammond needs to answer when he takes to the despatch box.
The US Securities and Exchange Commission has settled charges against two investment advice firms after some clients were unaware that they were being charged more than the single fee they were paying for investment services.
The UK’s newly installed chancellor of the exchequer Philip Hammond is to make his first autumn statement in the house of commons on 23 November, putting his own stamp on the treasury and setting out the financials post the Brexit vote.
Contentious proposals to cap lifetime superannuation fund contributions were not included in the first tranche of draft legislation released by the Australian treasury on Wednesday but remain under consultation.
Panama is planning to take action against those accusing it of being a tax haven, as the country continues its efforts to draw a line under the Panama Papers data leak that saw millions of documents stolen from law firm Mossack Fonseca.
Hong Kong’s Securities and Futures Commission (SFC) has banned two former HSBC employees from re-entering the financial services industry for life after they were convicted of fraud.
International portfolio bonds and in-specie transfers can be hugely beneficial to those who have worked abroad for multiple companies and have amassed a collection of international shareholdings, says Norrie Little, head of propositions for Hansard International.
New UK VAT rules are set to hit Gibraltar and Channel Islands based insurers when they are introduced on 1 October.
The United Arab Emirates (UAE) is to get a new bankruptcy law for businesses, including a new regulatory body for financial restructuring, which is designed in part to remove the threat of jail for executives of companies facing financial distress.
Australia’s Serious Financial Crime Taskforce (SFCT) is to contact more than 100 taxpayers in response to its investigation into tax evasion and crime in the Panama Papers.
The leaders of the G20 nations have resolved to make greater efforts in implementing international transparency standards for the purposes of tackling corruption, tax evasion, terrorist financing, and money laundering.
Confusion surrounds key information documents
