Tax & Regulation | 23 Jul 12
tax justice network says worlds wealthy hiding
Tax Justice Network, a UK-based organisation that campaigns against the use of tax havens by individuals and corporations, has released a study that finds as much as $21trn, and possibly more, is being kept out of the hands of tax authorities around the world.
schroders unveils trio of emd funds
Schroders has for the first time launched a relative return retail proposition in the EMD sector, with a fund focused on local sovereign credit, one on hard currency corporate bonds and one offering a blend of both.
dfms contemplate surprise vat ruling
European discretionary fund managers today were mulling how, if at all, to alter their charging structures in the wake of yesterdays European Court of Justice ruling that obliges them to add VAT to their bills.
United Kingdom | 20 Jul 12
aes international becomes plc
AES International has restructured as a UK-headquartered public limited company, with a number of integrated financial services companies operating beneath it.
ailo highlights deep concerns over commission
The Association of International Life Offices has reaffirmed its “deep concerns” over the European Commissions intention to ban commission payments for independent financial advisers, while welcoming the latest drafts of IMD2 and Prips regulation.