Tax & Regulation
Mini-bond firm administrators unable to trace nearly £8m
About 500 investors gave funds to collapsed firm linked to London Capital & Finance
Six life insurers fined in US for annuity disclosure failings
They will collectively pay over $1.1m in restitution plus $673,000 in penalties
Aussie advisers are feeling the heat
Numerous and swift regulatory changes have put the industry under massive pressure
US and Switzerland finally seal delayed double tax deal
Agreement was 10 years in the making after it was blocked in congress in 2009
Hong Kong intermediaries now regulated by Insurance Authority
Change ushers in additional CPD and qualification requirements