Regulation & Tax

HMRC has shut down its specialist unit focused on Family Investment Companies (FICs) after it found no correlation between usage and non-compliant behaviours.

The Financial Conduct Authority (FCA) is considering new disclosure rules which would give listed companies a series of targets on board diversity.

The Financial Conduct Authority (FCA) is consulting on changes which could result in the removal of “misleading” performance scenarios, brought in under the Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation.

The chief executive of the Financial Conduct Authority (FCA) has said the regulator will place greater emphasis on data management, alongside an admission the organisation needs to “step its game up”.

A Financial Conduct Authority (FCA) crackdown on how fund managers communicate their fees, is set to make it much more difficult for firms to justify themselves during periods of underperformance.

HMRC has confirmed the Money Laundering and Terrorist Financing (Amendment) (No 2) (High-Risk Countries) Regulations 2021 have come into force today (13 July).

The Financial Conduct Authority (FCA) has reduced a proposed new fee covering appointed representatives (Ars), a move welcomed by the sector.

The UK government may drop the so-called “10 percent drop” rule, under a new consultation and proposed amendments to Mifid II.

The expected costs of complying with the proposals contained in the Financial Conduct Authority’s (FCA) latest discussion paper on climate-related disclosures* (CP 31/17) are very small according to the cost-benefit analysis (CBA) that accompanies it, both in absolute terms and relative to the volume of client assets managed and administered.

Investigative news outlet ProPublica has claimed to have obtained a “vast cache” of tax information, showing how much tax US billionaires pay.