AML: HMRC flexes enforcement muscle to the tune of £7.8 million
In early April, the UK's Home Office published revised guidance for EU nationals, an issue that will concern wealth managers, as well as the wider affected population. How secure are rights after Brexit?
A major issue in the UK’s departure from the European Union is the situation faced by non-UK citizens who have come from EU member states. This clearly has considerable relevance as an issue for wealth managers, some of whom are in this situation themselves, or who employ and work with those who are. Talking to figures in the industry recently, this news service was left very much with the view that migration is possibly the most important risk from Brexit, at least depending on exactly how the UK chooses to quit the EU bloc.
In this article in WealthBriefing, Katie Newbury considers these issues. The full article was first published in WealthBriefing on 13 April 2017 and can be found HERE (£).
Katie's blog on the same topic can also be found HERE.
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