Tax & Regulation | 27 Mar 14
australia launches tax amnesty
Australia today has unveiled a new tax "amnesty" programme aimed at encouraging tax evaders with undeclared offshore assets to come in from the cold, with just a “heavily reduced penalty” to pay.
old mutual agrees sale of skandia
Old Mutual has agreed terms to sell its German and Austria Skandia business units to a Cinven and Hannover Re acquisition vehicle for 220m.
managing partners offers exit route for investors
Managing Partners, the Cayman Islands-registered-asset manager which suspended redemptions on its Traded Policies Fund last year, has set up a new fund to give investors a way of exiting and a choice of investment options.
newly independent rl360 expands
RL360° the company formed at the end of last year by the private equity-backed management buyout of the Royal London 360° life business is expanding into South America and Qatar.
North America | 26 Mar 14
deadline approaches for fatca compliancy list
Time is running out for financial institutions wishing to appear on the US Internal Revenue Service's list of FATCA compliant companies, as the registration closing date draws ever closer.