Tax & Technical | 22 Jan 14
the czech republics new trust law
The Czech Republic’s trust law is just 23 days old today‚ but already‚ wealth managers there and elsewhere are keen to learn more about it. Here‚ five Czech-based experts‚ who were involved in advising on its creation‚ and who are now involved in putting some of the jurisdiction’s first trusts together‚ discuss its features‚ attractions‚ and some lingering questions that they say have yet to be resolved.
Fixed Income | 22 Jan 14
pictet launches fixed income fund
Pictet Asset Management has launched a ‘benchmark-unconstrained’ absolute return fixed income fund.
People Moves | 22 Jan 14
standard life appoints head of bank
Standard Life has promoted Sean McGuire to head its bank distribution team in the Middle East.
china leading source of new offshore clients
Relatives of China’s top political leaders‚ past and present‚ are among nearly 22‚000 people in China and Hong Kong whose offshore holdings have been revealed in a leaked cache of documents unveiled yesterday.
china fatca obliges mainland residents
While much of the world’s wealth management industry has been focusing on the new‚ American asset-reporting law known as FATCA‚ China has quietly implemented its own set of regulations that require the country's wealthy to declare their offshore holdings.