Tax & Regulation
UK takes aim at internet giants in online scams crackdown
Letters have been sent to Microsoft, Twitter, Snapchat and TikTok
202% rise in underpaid tax on crypto holdings
HMRC is ‘actively looking for wealthy individual evaders’
MAS proposes regulatory shake-up for retail investors
To help them understand ‘the unique characteristics and risks associated with more complex products’
UK delays changes to KID regime
Trade association says it is encouraging the ‘FCA has listened to industry concerns’ to ‘get it right’
Google gives FCA extra $2m ad credit in fight against scams
As tech giant says it took down 123 million adverts in 2020 for violating financial services policies