Profiles & Comment | 29 Dec 12

Singapore, like Hong Kong, is continuing to benefit from the uncertainty and instability elsewhere in the world, while at the same time struggling to cope with such side-effects of this success as inflation, currency appreciation and a shortage of affordable housing. Helen Burggraf reports.

North America | 21 Dec 12

Irish and American officials today signed an agreement whereby Ireland has pledged to collect data on accounts in Irish financial institutions held by Americans, and provide it to the US tax authorities.

Tax & Regulation | 21 Dec 12

The UK’s new Parliamentary Commission on Banking Standards (PCBS) today called for the Government’s draft banking reforms to include a hard hitting ‘separation power’ that would force a ring-fenced bank to split itself apart completely.

Asia | 21 Dec 12

Kuala Lumpur headquartered asset manager Kenanga Investors has bought ING’s Malaysian fund management business, part of a strategic sell-off by ING which also saw it complete the sale of ING Malaysia to AIA Group earlier this week.

Alternatives | 20 Dec 12

The main Irish and Luxembourg funds industry associations have largely welcomed the publication, on Wednesday, of the final so-called AIFM Directive Level 2 regulations, saying that they bring much-needed clarity to the situation.