Investment | 12 Oct 16
SLI announces new team in Singapore
Standard Life Investments (SLI), the Edinburgh-based asset manager, has announced a new real estate team in Singapore.
Best Practice | 12 Oct 16
British expats living in Spain must now disclose Malta Rops
Spain has unveiled a new rule which will require British expats to declare the money they have in Malta-based recognised overseas pension schemes (Rops) that allow ‘flexi-access’ in line with the UK’s pension freedoms introduced last year.
Singapore shuts down second Swiss bank, fines DBS and UBS
The Monetary Authority of Singapore (MAS) has ordered that Falcon Private Bank in Singapore be shut down for serious failures in anti-money laundering (AML) controls and improper conduct by senior management at the Singapore branch, as well as the head office in Switzerland.
Axa Wealth Int’l on acquisition trail as rebrand beckons
The Isle of Man’s soon to be re-branded Axa Wealth International is already looking to make acquisitions and grow.
People Moves | 11 Oct 16
PEOPLE MOVES: BVI Finance, Mercer Jelf, NN IP, Creechurch Capital
British Virgin Islands (BVI) Finance poaches Jersey Finance’s former business development director as Mercer Jelf announces a new regional leader. NN Investment Partners makes a new appointment to push its alternative platform while discretionary fund manager Creechurch Capital hires an analyst to its investment team.