01 July 2019
New data obtained by RSM under a freedom of information request has revealed that financial services firms reported 819 cyber incidents to the Financial Conduct Authority in 2018, a huge rise on the 69 incidents reported in 2017.
08 March 2019
Draft legislation issued last week appears to be very good news for FS providers who supply services to recipients located in the EU, and who currently suffer a significant VAT cost on such supplies – resulting from VAT recovery on the costs associated with these supplies being blocked.
Partner, Co-Head of Financial Services
Peter co-leads RSM’s UK financial services sector. The FS sector has expertise in private equity, asset and hedge fund management, insurance, banking and fintech: services include audit, tax, corporate finance, restructuring, outsourcing, risk, regulation and internal audit. Peter himself has spent thirty seven years in and advising the London and global insurance market and delivers client engagements in corporate finance, strategy, regulation and governance.
14 November 2018
These days, even by Orwellian standards, the extent of the “data trail” which we all leave as we go about our daily lives is astonishing.
29 October 2018
No IPT rate rise this Budget but does it really mean insurance premiums won’t go up? Justine McInnes talks about the common misconception that IPT is passed on to the insured and explains who really bears the cost of this poorly understood tax.
01 August 2018
A new judgment from the Court of Justice of the European Union (CJEU) could have significant VAT implications for providers of payment collection services and those that use their services such as charities, healthcare providers and businesses that accept payments by instalments.
24 July 2018
New draft legislation issued by HMRC could potentially impose very significant restrictions on VAT recovery by providers of certain 'insurance related' services, RSM has warned.
05 July 2018
Insurers, insurance brokers and outsourcing businesses who operate in Italy are advised to take note of a recent decision of the Italian Supreme Court (Cass No. 11442).