Ailo calls Priips veto a ‘bloody nose’ for the EU
The European Commission has finally been given a “bloody nose”, says the head of the trade body for international life offices, Alan Morgan-Moodie, referring to the European parliament’s decision on Wednesday to overwhelmingly reject the standard for implementing the upcoming controversial Priips regulation.
Tax & Regulation | 14 Sep 16
FCA plans to ban Barclays Wealth man over destroyed report
The Financial Conduct Authority (FCA) has said it intends to ban former chief operating officer of Barclays Wealth and Investment Management Andrew Tinney.
North America | 14 Sep 16
ANALYSIS: Trump could win; it might not be all bad
The brouhaha over Hillary Clinton’s pneumonia is just the latest sideshow in the US presidential election circus. While it is unlikely to derail her campaign, it has served once again to highlight the fact that a Trump presidency remains a possibility and markets are increasingly concerned.
Hong Kong insurance opportunities lie in ‘muddy waters’
Domestic insurance firms in Hong Kong are taking the lion’s share of the Asian cross-border market as they are more willing to operate in muddy waters, says NMG Consulting principal consultant, Edmund Campbell, speaking at International Adviser’s Fund Links conference in London on Wednesday.
Leading life execs predict growth markets of the future
Nearly 70% of international life company executives have named Latin America, Asia and the Middle East as the regions with the best opportunities for growth, according to a new poll conducted by International Adviser.