Tax & Regulation | 18 Jan 17
UK government rules out public registers for crown dependencies
A call from an influential government select committee for the UK’s overseas territories and crown dependencies to create central public registers of beneficial ownership has been rejected by the UK government.
India increases commission rates for life insurance brokers
Insurance brokers in India are set to receive higher commissions payments for selling life insurance policies, in proposals unveiled by the country’s regulator due to come into force in April.
RAM investments launches long/short global equity Ucits fund
RAM Active Investments, a Swiss-based private asset management firm, has launched a long/short global equities Ucits fund which aims to produce risk-adjusted returns, uncorrelated to broader market movements by investing in developed country stocks.
Middle East | 17 Jan 17
US shares details of 35,000 accounts with Israel under Fatca
America’s Internal Revenue Service (IRS) has shared details of more than 35,000 US accounts held by Israeli citizens with the Israel Tax Authority (ITA), according to local media.
Lombard International unveils platform for IFAs
Lombard International Assurance has launched a new platform called Connect.