hkfi campaign counter attacks on ilas
The Hong Kong Federation of Insurers has launched a media campaign to counter recent “unbalanced and negative” attacks on Investment Linked Assurance Schemes by regulators and the media.
european investors abandon bonds
European investors are finally abandoning bond funds as they become increasingly nervous about the prospect of interest rate rises, according to the latest fund flow data from Morningstar, but emerging market equities and bonds have also been hit.
United Kingdom | 1 Oct 13
london clings onto pole postion as number one
London has retained its position as the world’s best international finance centre, although its overall rating has fallen by more points than any other centre in the top 25, according to the 14th Global Financial Centres Index.
Tax & Regulation | 1 Oct 13
ESMA clarifies final guidelines on aifmd
The European Securities and Markets Authority (ESMA) has published final guidelines on the reporting obligations for alternative investment fund managers under the new Alternative Investment Fund Managers Directive, launched in July.
Tax & Regulation | 1 Oct 13
watered down version of indian garr
The Indian government has confirmed that it is ploughing ahead with its general anti-avoidance (GAAR) rule, albeit in a more watered down form, according to reports, with the new tax rules set to come into force from April 2016.