Six Singapore advisers banned for mis-selling
Former Prudential, AIA and Citibank employees have been prohibited from providing financial advice services in Singapore, after they were found to have mis-sold investment products.
Aberdeen Standard launches A-shares fund in China
Aberdeen Standard Investments (ASI) has launched an equity fund in China, targeting qualified domestic investors, through its investment management wholly foreign-owned enterprise (IM WFOE).
Isle of Man ‘constraints’ key to Hansard Bahamas move
Hansard’s strategic move to set up a licenced company in the Bahamas was partly driven by the Isle of Man’s sweeping Conduct of Business Code rules which go live in January 2019, the London Stock Exchange-listed company chief executive Gordon Marr has revealed.
M&G to shift £34bn to Europe on Brexit uncertainty
Fund manager M&G Investments is planning to transfer £34.2bn (€38.9bn, $46.2bn) of non-sterling assets to Luxembourg ahead of the UK’s exit from the European Union.
Tax & Technical | 16 May 18
US to resume prosecutions of deliberate offshore tax avoiders
US expats who have willfully failed to declare unpaid tax to the IRS have until September to come clean or once again risk prosecution as a key amnesty programme ends.