Investment trust tax review announced
The Emergency Budget confirmed the coalition Government’s commitment to modernising the tax rules for investment trusts.
AIFM Directive agreement delayed
European policymakers have missed their self-imposed deadline to agree the AIFM Directive by July.
Europe seeks harmonised investment product distribution
The European Commission wants to introduce a harmonised regime for the distribution of ‘packaged retail investment products’.
Coalition to overhaul UK financial regulation
The new Coalition Government is to abolish the tripartite system of financial regulation.
Governance best practice updated
The Financial Reporting Council has updated its best practice recommendations for listed companies.
Expectations for investor engagement raised
The Financial Reporting Council has published best practice recommendations for institutional shareholders and their agents.