Tax & Regulation | 26 Nov 13
guernsey fines generali worldwide for failings
Guernsey’s Financial Services Commission has fined Generali Worldwide Insurance Company £150,000 for what it said were “failings in systems and controls” that occurred between 2008 and 2010.
Investment | 26 Nov 13
fca fines sei nearly for client money failings
SEI Investments has been fined £900,200 by the Financial Conduct Authority for client money breaches.
ignis new offering targets attractive emd returns
Ignis Asset Management has launched an absolute return emerging market debt fund for Dan Beharall.
Tax & Regulation | 26 Nov 13
bermuda latest uk overseas territory
Bermuda, the UK overseas territory known for its specialist expertise in insurance, has signed a “Model 2 UK FATCA” intergovernmental agreement with the UK.
Tax & Regulation | 25 Nov 13
expats face tax bill
A Manchester tribunal has ruled that a Cheshire couple who moved to Portugal more than 10 years ago are still classified as UK residents, leaving them liable for a £600,000 tax bill.