singapore to overtake switzerland as banking
Singapore is the world’s fastest growing wealth centre and is predicted to overtake Switzerland to become the largest offshore private banking market by 2020, according to recent research.
United Kingdom | 9 Apr 13
uk advisers face 13 fee hike
Intermediaries in the UK face paying around 13% more in fees to the newly created Financial Conduct Authority.
Tax & Regulation | 9 Apr 13
tax cheats warned as hmrc launches new disclosure
Those evading tax by hiding money in the Isle of Man, Jersey or Guernsey are being warned by HM Revenue & Customs to “come clean” before it clamps down on them.
Tax & Regulation | 9 Apr 13
reaction to eu fatca its not just yanks anymore
As recently as last year, Americans were seen as the pariahs of the international financial services world, with many non-US banks unwilling to have them as clients because new US legislation, known as FATCA, meant that they came with onerous tax information reporting obligations.
martin currie targets asia pac growth with
UK headquartered asset manager Martin Currie has opened a “hub” in Singapore, as it seeks to increase its presence in the Asia Pacific region.