Tax & Regulation | 18 Dec 17
EU blacklist under scrutiny as regulations keep coming
The European Union’s earlier-than-expected publication of its tax haven blacklist has raised questions from various jurisdictions and interested organisations around the world.
Convoy to spend HK$300m to win back investors
Convoy Financial Services, the recently raided Hong Kong financial advisory firm that saw multiple senior executives arrested, plans to restore investor confidence by spending big on hiring more advisers and paying a retention bonus.
Middle East | 18 Dec 17
UAE regulator details new financial promoters licence
The Securities and Commodities Authority (SCA) in the UAE has released long-awaited details of its new Financial Promoters licence, boosting hopes that the permits for financial advisers and banks will soon be issued.
Standard Life fails to stem £23bn outflows
Standard Life has failed to shake off the plague of severe outflows even after its merger with Aberdeen Asset Management earlier this year its latest results have revealed.
Best Practice | 18 Dec 17
Finally there! – The UK taxation of foreign domiciles
by David Denton, head of international technical sales at Old Mutual Wealth
Plenty has been made over the plight of UK resident non-doms given the radical changes proposed in 2015, but attention should also be taken by international advisers regarding certain non-resident/non-dom clients too, now legislation has been passed and backdated to 6 April 2017. This article considers several of these ‘new’ traps and appropriate planning strategies.