fca says competition not working
Competition in financial services is not working as it should because consumers are poorly engaged, according to Christopher Woolard, director of policy, risk and research at the UK’s Financial Conduct Authority.
Tax & Regulation
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g20 to introduce automatic exchange
The G20 Group of wealthy countries has announced plans to introduce automatic exchange of tax information the global standard by 2015.
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filling the fatca void
The sizeable advice gap left by large institutions ditching their US clients is an even bigger opportunity, says Guardian WM’s David Howell.
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switz stays top of global race league table
Switzerland, for the fourth consecutive year, tops the overall rankings as the most competitive country in the world, according to the latest detailed global report by the World Economic Forum.
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hmrc introduces alternative route for tax dispute
Individual taxpayers and SMEs will now be able to request to settle a tax dispute with HM Revenue & Customs through an arbitrage process, rather than through tribunal.
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jersey urgent talks with france blacklisting
Jersey ministers have held urgent talks with their counterparts in Paris to find out why Jersey has been placed on an official French blacklist of uncooperative tax havens.
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Jersey, Bermuda and BVI on French tax blacklist
The French Government has added Jersey, Bermuda and the British Virgin Islands to its list of uncooperative tax jurisdictions according to an entry in France’s gazette for official decisions dated August 21.
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Latest CFA exams reveal keen interest
The Asia Pacific region once again produced the largest number of candidates for the CFA Institute's latest set of exams, according to data released by the global financial accreditation organisation.
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irs opens online fatca registration system
The Internal Revenue Service has activated its new web-based registration system for financial institutions that need to register with the US Government’s tax collecting body, under the Foreign Account Tax Compliance Act.
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brown advisory eyes fatca orphans
US investment management firm Brown Advisory is expanding its private client capabilities in the UK to target American expats living in the country.
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a refuge from the us tax storm
For the last five years, Maseco Wealth has been helping the growing number of American expats who have been caught up in a US crackdown on overseas accounts…
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hmrc unveils consultation on latest measures
In what it says is an effort to tackle "both the supply of and demand for tax avoidance schemes", HM Revenue & Customs has put forward for consultation its latest package of measures aimed at making tax avoidance more difficult.