12/07/2015
IFAs should stress test portfolio suitability: Walker Crips
Andrew Morgan brought some of the methods from their institutional background at BlackRock to the recently-launched Alpha: r2 range of portfolios.
Legal, Regulation & Compliance
12/06/2015
HMRC launches tax crackdown on strippers
Government sets up taskforce to target adult club owners and 'entertainers' following a dramatic rise in online escort agencies
12/06/2015
EU drops antitrust charges against 13 banks
Decision brings to an end a four-year investigation into whether the group blocked Deutsche Boerse and the Chicago Mercantile Exchange from entering the credit default swaps market
12/06/2015
How London’s super-rich are destroying the soul of their community
Highgate is now a middle-class frontline against a billionaires’ investment invasion
12/06/2015
Arbuthnot unit to sell Everyday Loans for $192 mln
The deal is seen as complementary to Non-Standard Finance's acquisition of Loansathome4u from S&U PLC in July, which enabled it to enter the home credit market.
12/06/2015
Ban on Israel divestment angers pension officials
The ruling Conservative party published a statement in October outlining “new rules to stop politically motivated boycott and divestment campaigns against UK defence companies and against Israel”.
12/06/2015
Investment Association disbands regulatory unit to cut costs
The Investment Association jettisoned Mr Godfrey in October in the hope it would appease disaffected members but the loss of the three fund groups has significantly dented its revenues.
12/05/2015
To pay off its epic loan, Volkswagen may need to sell its luxury brands
The bad news just won’t stop coming for Volkswagen, which is starting to sound like the new German word for “trouble.”
12/04/2015
Closing offshore subsidiaries boosts corporation tax
Developments driven by Base Erosion and Profit Shifting (Beps) boost Irish tax
12/04/2015
European watchdogs to scrutinise robo-advice industry
Caroline Binham, Financial Regulation Correspondent
12/04/2015
High court issues arrest warrant for 'Putin's banker' Sergei Pugachev
Spokeswoman for former tycoon who fell out with Kremlin says as a French citizen he does not come under jurisdiction of English courts
12/03/2015
UK faces more pressure to rein in BVI, others
The report urged the UK to use its ‘control’ over the territories
12/03/2015
Linklaters in talk with two Chinese firms for Shanghai venture
Linklaters is in discussions with two Chinese law firms, Shanghai Kai-Rong Law Firm and Shanghai Capital Law & Partners, as it attempts to become the first Magic Circle firm to practise Chinese law.
12/03/2015
Improving Large Business Tax Compliance – what this means for charities - Withers
The government's stated goal is to ensure that the UK's highly competitive tax system draws business to the UK economy, but not at the expense of transparency and public trust.
12/03/2015
IMF rules out Cyprus asset management company
Since the crisis of 2013 various calls have been made to hive off bad loans into an Irish-style AMC.
12/03/2015
FCA to require insurance firms to publish details of last year’s premium
The FCA has found evidence of low levels of consumer engagement, switching, and a lack of competition when some types of insurance policies are renewed.
12/03/2015
Carlyle quits Mayfair for more modern St James’s HQ
Its UK base is due to be demolished in two years.
12/02/2015
Advisers welcome FCA clampdown on firms delegating advice
Improperly delegating regulated activities to others can have 'serious implications', regulator warns
12/02/2015
Eurozone bailout rescues Greece's top bank
The eurozone's bailout fund rescued Greece's largest bank on Tuesday, launching a recapitalisation process that is a crucial part of the country's third loan programme in five years.
12/01/2015
Asian companies have growing interest in U.K., says top Barclays banker
The number of people employed by U.K. companies in India has reached 690,000