News
Nigel Green on the shift away from high upfront commissions
DeVere Group founder and chief executive Nigel Green is not anticipating a reduction in the amount his advisers earn despite the move away from upfront commissions in many parts of the world, he said in the second of a three-part interview with International Adviser.
China resumes approval from Hong Kong equity funds
China’s financial regulator has resumed the approval process for funds allocating more than 80% of assets to Hong Kong equities after it encountered some bait-and-switch cases prompting a shut down.
Tax & Regulation | news 4 Dec 17
Court strips STM of privacy order
Financial services group STM has failed in its efforts to impose a news blackout on a crucial compliance hearing over the granting of extra investigative powers for the Gibraltar regulator into its multiple compliance failings.
Hong Kong drops off HMRC Rops list
HM Revenue & Customs has removed all 19 Hong Kong recognised overseas pension schemes (Rops) from its online notification list.
Tax & Regulation | news 4 Dec 17
Man arrested amid police and FCA probe into wealth firm
A boutique UK home counties wealth manager has become the focus of a joint investigation by the City of London Police and Financial Conduct Authority (FCA).