Thinktank New City Initiative (NCI) is calling for investment firms that only market their products in one country to be exempt from European regulation, such as AIFMD and MiFID II.
Financial Conduct Authority chief executive Martin Wheatley is to stand down on 12 September after the Treasury said it believes "different leadership is required".
The Treasury will net an extra £700m in tax this year as a result of the pensions freedom and choice reforms, Hargreaves Lansdown has projected.
Smaller fund firms have been left in limbo as delays in finalising dealing commission regulations leave them unsure of the future of their businesses.
How to play the winners and avoid the losers
Matt Hudson, manager of the £694m Schroder UK Alpha Income fund, has increased his weighting to banks, despite industry concerns about the threat to dividends from the record level of regulatory fines imposed recently.
Bulking up and diversifying out
The first new private bank in the UK for over thirty years has officially launched, after gaining approval from regulators.
Global asset management firms have avoided being labelled "systemically important" but face a review into potential systemic risks posed by their largest funds.
The Financial Conduct Authority (FCA) has published a paper clarifying its stance on how advisers will be held liable when dealing with insistent clients.