AIA operates a range of sanctions imposed on members relating to the seriousness of misconduct, the level and history of non-compliance and the risk posed to the interests of the public and the integrity of AIA’s reputation. The AIA Sanctions Handbook is used by AIA disciplinary committees for all complaints and non-compliance referrals they consider; AIA operates an effective and proportionate enforcement policy, applied in a fair and consistent manner.
A settlement opportunity for employers who have used Employee Benefit Trusts (EBT) to avoid tax will close in March 2015, HM Revenue and Customs (HMRC) have announced.
You can now apply for protection of your pension savings from the lifetime allowance up to an overall maximum of £1.5 million. This is called individual protection 2014.
The International Accounting Standards Board (IASB) has published Equity Method in Separate Financial Statements (Amendments to IAS 27). The amendments to IAS 27 will allow entities to use the equity method to account for investments in subsidiaries, joint ventures and associates in their separate financial statements.
Malaysia's economy grew a better-than-expected 6.4% in the second quarter on the back of stronger exports and robust domestic demand, the central bank said on 15 August 2014.
The State Council has revised 21 administrative regulations to cancel or decentralise administrative approvals. The decision, endorsed by Premier Li Keqiang, is effective immediately, said a statement from the State Council, China's cabinet, on 15 August 2014.