Profiles & Comment | 23 Oct 13
fatca in laymans terms
The Foreign Account Tax Compliance Act (FATCA) has made waves in the upper reaches of the funds industry and caused concern to banks, custodians, insurance companies and trustees, but little news regarding its impact has yet spread to the wider world. Few ultimate clients of the international finance industry have yet heard of it.
mansion Group suspends student accommodation fund
The Mansion Group has suspended its Channel Island Stock Exchange-listed Student Accommodation Fund.
Middle East | 23 Oct 13
deutsche bank hires co heads for mena
Deutsche Bank has appointed Fahad Albader and Adel Dagher as co-heads of asset management coverage for the MENA region.
North America | 22 Oct 13
jersey and guernsey sign fatca agreements
The Channel Islands of Jersey and Guernsey have signed 'intergovernmental agreements' on the automatic exchange of tax information with the UK, adding to existing provisions that currently provide for information to be exchanged between the authorities of the two Crown Dependencies and the United Kingdom.
concerns over asia passporting threat
Concerns that a move to create a mutual recognition fund market between Hong Kong and China, which ultimately could be expanded regionally across Asia, poses a threat to Europe’s Ucits brand are “overstated” at least for now, according to Cerulli, the research organisation.