Foreign companies could face tougher rules when listing in the UK.
The Financial Services Authority will release a paper next week on its
findings from a consultation into UK listing rules.
Some investors have been unhappy about the ease which with some companies
with less strict corporate governance had listed on London exchanges, reported
The FSA said the paper would not offer firm conclusions but was there to get
people engaging with the regulator.
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Does Darwin's theory apply to taxation? Colin ponders...
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges