Source: Financial Times It is crunch time for the UK’s small corporate brokers, as new European markets rules begin to squeeze the sector. Mifid II legislation, which came into force in January, requires fund managers to pay banks and brokers directly for analysts’ research instead of combining the cost with trading commissions. The shake-up has […]
Source: The National More than 275,000 UAE businesses have registered for VAT, but tens of thousands have yet to do so and the government plans to crack down on unregistered businesses, said the director general of the Federal Tax Authority. Khalid Al Bustani said on Wednesday, “[275,000] is a good number, however in our opinion […]