HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MOREFCA outlines risks of money laundering to capital markets
Investment banks and other firms participating in UK capital markets must do more to understand their potential exposure to money laundering, according to the Financial Conduct Authority (FCA).
In a thematic review published Tuesday, the FCA found that most financial institutions involved in the trading of shares, derivatives, bonds and other instruments are “generally at the early stages of their thinking in relation to money-laundering risk” and are not uniformly apprised of the methods of financial crime that are unique to the sector.
Read more at KYC360.
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G20 finance ministers pledge to introduce digital tax by 2020
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With bitcoin hitting new highs, it’ll likely reach the US$100,000...
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