The Association of Taxation Technicians has warned that smaller family trusts - of the type often used by Financial Planners - are threatened by a rising red tape burden.

The Financial Conduct Authority has warned that firms subject to MIFID II reporting rules should begin preparing now for the consequences of a ‘no-deal’ Brexit as the prospect of EU withdrawal without agreement becomes more likely.

The notification window for the temporary permissions regime, in the event of a ‘no-deal’ Brexit, is now open.

The FCA has published an impact assessment highlighting what it believes will happen in the event of different Brexit scenarios.