baring hk china fund penalised
Morningstar OBSR has downgraded the Baring Hong Kong China Fund from a bronze to a neutral rating because it believes the execution of the investment process is hampered by the fund’s size of $2.3bn.
Tax & Regulation | 12 Aug 13
hmrc unveils consultation on latest measures
In what it says is an effort to tackle "both the supply of and demand for tax avoidance schemes", HM Revenue & Customs has put forward for consultation its latest package of measures aimed at making tax avoidance more difficult.
singapore life industry new bis first half
Singapore’s life insurance industry saw total weighted new business premiums in the first half of 2013 grow by 24% over the same period last year, driven by "healthy sales" across all product lines.
bny mellon president reveals plans to target us
BNY Mellon, the US-based banking giant, is planning to target American expatriates in Hong Kong, its president has told the South China Morning Post, citing the difficulties these expats have in finding non-US banks willing to have them as clients.
Tax & Regulation | 12 Aug 13
qrops industry relief at hmrc announcement
QROPS industry officials expressed relief over today's anticipated announcement by HM Revenue & Customs concerning how they are to handle transfers of pensions into qualifying recognised overseas pension schemes.