FATCA leads 75 of US expats to
Nearly three quarters of American expats are considering the renouncement of their citizenship following Julys introduction of the absurd Foreign Account Tax Compliance Act (FATCA).
Nearly three quarters of American expats are considering the renouncement of their citizenship following Julys introduction of the absurd Foreign Account Tax Compliance Act (FATCA).
An IFA who is currently employed by Holborn Assets in the UAE is facing a ban and £290,344 fine in the UK, after the FCA found he “recklessly” recommended high-risk investment products to clients.
The tax gap has increased to £34bn in the past year according to the latest figure from HM Revenue and Customs, but Baker Tilly’s George Bull has said that HMRC are nonetheless “winning the battle” against tax avoidance.
A minimum benchmark of professional standards for international trust and corporate service providers has been issued for the first time, by the Group of International Finance Centre Supervisors.
UK financial advisory firm Alexander Beard Group is joining leading US law practice Pillsbury and accountancy advisers WeiserMazars to run a series of FATCA and international pensions-focused seminars in the US.
For a long time now, the appropriate use of QROPS for British expats who are resident in the US, has been in debate. Some see it as a credible solution whilst others say that the risks far outweigh the benefits.
Two directors of Tudor Capital Management have been jailed and ordered to pay back £5.1m after they set up a fraudulent pension scheme
EEA Fund Management has published a letter defending the role of advisers which sold its life settlements fund.
Many regulators around the world are now looking to behavioural science to better understand how investors really behave, according to John Price, commissioner for the Australian Securities and Investments Commission.
The Monetary Authority of Singapore (MAS) has published proposed regulations, enshrining Americas controversial tax Act FATCA into law.
HM Revenue & Customs has issued its first accelerated payment notices to suspected tax avoiders, and will continue to do so on a monthly basis until it has sent out over 40,000 demands.
Global banks face a total of 63 potentially heavy fines over the next few years, according to analysts at German private bank Berenberg.