tax offences to be made money laundering
The Monetary Authority of Singapore is planning to make some tax crimes money laundering “predicate offences” under proposals announced today.
United Kingdom | 9 Oct 12
uk fund market changed beyond recognition
Redemptions of 2.8bn from equity funds on behalf of UK investors dragged the rest of the European market down in August and challenged the country’s position as one of the most ‘buoyant fund markets’ in the region, according to data from Lipper.
People Moves | 9 Oct 12
bny mellon appoints intermediary head
BNY Mellon has appointed a new head of Asia Pacific intermediary distribution, tasked with spearheading the expansion of the company’s distribution partnerships in the region.
North America | 9 Oct 12
crown dependencies to sign fatca agreements
The governments of Guernsey, Jersey and the Isle of Man have announced plans to negotiate partnership agreements with the US to implement FATCA.
Standard life opens in singapore
Standard Life is to open its first branch in Singapore later this month with a nine-strong team who will work with 24 IFA firms and bank distributors.