Tax & Regulation
South African regulator withdraws licence from investment firm
For breaching its conditions by unlawfully promoting an unauthorised product
UK tax collector brings in £45m via mediation
But a law firm flags worrying drop in how often it was used in 2018/19
Fund industry fails to step forward to help life cos with CGT
Non-resident investors in UK property rich collective investment schemes face hefty tax liabilities
Aussie regulator to take NAB to court over fees
Bank has set aside more than A$2bn for customer-related compensation
UK advisers on the hook as life boat scheme seeks extra £46m
Main area of claims is in relation to pensions, says Financial Services Compensation Scheme