Tax & Regulation | 29 Apr 16
Panama Papers prompt trade-off for transparency
Wealthy individuals may have to choose between security and secrecy as a result of the increased transparency measures proposed in the aftermath of the Panama Papers scandal.
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
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
Zurich Insurance is poised to buy Malaysia’ MAA Takaful after receiving regulatory approval.
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.