All four defendants in the marathon Guinness trial were facing jail after the jury returned “guilty” verdicts following five days of deliberations.
On the 112th day of their trial, which was the most expensive court action ever brought at that time; Ernest Saunders, Gerald Ronson, Sir Jack Lyons and Anthony Parnes were convicted on all but [...]

An Individual Savings Account (ISA) allows any UK taxpayer aged 18 or over to save up to £7,200 each year (for 16-17 year olds this is £3,600 cash) and not pay tax on the income they receive from the investment.
They are now a permanent feature of the UK savings landscape.
Tax Advantages of ISAs

All income from the ISA [...]

“Going Offshore” is a phrase that one commonly hears usually accompanied by a wry smile or a sly wink of the eye.
There is an assumption that somehow “Offshore” is “dodgy” and anyone who has an offshore bank account or business must automatically be up to no good. Phrases like “tax avoidance”, “tax evasion” and, increasingly [...]

The FSA is an independent non-governmental body formed following reforms in the regulation of financial services. The supervision of banking and investment services (including pensions, life assurance etc) was merged with the responsibilities of the previous regulator, ”The Securities and Investments Board (SIB), which changed its name to the Financial Services Authority in 1997.
The FSA’s four statutory [...]

A  Glossary of definitions produced by the FSA for interreting the “FSA Handbook”.
www.fsahandbook.info/fsa/html/handbook/glossary

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The “Financial Services Authority” acting in its capacity as the competent authority for Part VI of the Financial Services and Markets Act 2000 (Official Listing). The competent authority maintains the official list.
www.fsa.gov.uk/ukla
 

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The “Panel on Takeovers and Megers” have the main function to issue and administer the “City Code on Takeovers and Mergers” and to supervise and regulate takeovers and other matters to which the Code applies.
The Panel has been designated as the supervisory authority to carry out certain regulatory functions concerning takeovers under the EC Directive [...]