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Hong Kong urges greater AML and KYC effort after Panama leak

Asia | 29 Apr 16

Hong Kong urges greater AML and KYC effort after Panama leak

Banks and financial institutions in Hong Kong must “strictly comply” with existing money laundering laws requiring them to disclose the identities of their customers and what they intend to do with their money.

British expats lose High Court battle over ‘Brexit’ vote

Europe | 28 Apr 16

British expats lose High Court battle over ‘Brexit’ vote

British expats will not have the right to vote in the UK’s upcoming EU referendum after a High Court challenge to the rules failed on Thursday.

Zurich enters takaful insurance with Malaysia’s MAA buy

Asia | 28 Apr 16

Zurich enters takaful insurance with Malaysia’s MAA buy

Zurich Insurance is poised to buy Malaysia’ MAA Takaful after receiving regulatory approval.

Abu Dhabi Financial Centre to add independent appeals panel

Middle East | 28 Apr 16

Abu Dhabi Financial Centre to add independent appeals panel

Abu Dhabi’s new international financial centre plans to establish an appeals panel to work alongside its regulatory committee which will be staffed by four senior UK barristers.

HMRC data shows £4.4bn withdrawn since UK pension reforms

Retirement | 27 Apr 16

HMRC data shows £4.4bn withdrawn since UK pension reforms

Nearly £4.4bn ($6.4bn, €5.7bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by HM Revenue & Customs (HMRC).

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.