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.
Standard Life has said ensuring that its customers outside of Scotland remain part of the UKs tax regime is one of its three biggest priorities in the event of the countrys independence following its upcoming referendum.
UK wealth managers remain concerned about the high compliance costs associated with MiFID II and its incompatibility with the traditional structure of UK non-bank wealth managers, says Jonathan Sokhanvari, COO at Multrees.
A cynical tax avoidance scheme which abused the reliefs offered for research into life-saving vaccines to claim back £77m, has been rejected at a second tribunal.
HM Revenue & Customs has established a taskforce to deal specifically with people trying to dodge property tax in the south west of England and in south Wales.
The Financial Ombudsman Service has ruled in favour of a client which was advised by Chase de Vere to invest £145,000 into three high risk UCIS funds, six years before his retirement.
Scotlands possible independence as a result of its upcoming referendum could throw up a multitude of potential issues for investors and advisers using Scottish products, says a senior industry figure.
Financial advisers will be forced to endure sharp increases in lawsuits, insurance premiums and compensation costs in the wake of HM Revenue & Customs (HMRC) morally questionable tax avoidance clampdown, warn senior industry figures.
Berkshire Hathaway has agreed to pay $896,000 in civic penalties following accusations by the Federal Trade Commission that it violated pre-merger reporting laws.
