Profiles & Comment | 29 May 13
the ldf vrs the isle of man disclosure
A little-noticed aspect of the UK's "FATCA" agreements with its three Crown Dependencies is that they are to be accompanied by "tax amnesty" schemes designed to encourage take-up. Here,Crowe Clark Whitehill's John Cassidy looks at how the first of these stacks up next to the LDF.
singapore central bank opens up office in beijing
In a further strengthening of economic ties between Singapore and China, the Monetary Authority of Singapore has opened up its Beijing Representative Office.
Profiles & Comment | 29 May 13
an isle of man view of fatca
The UK Treasury estimates that tax evasion costs HM Revenue & Customs £4bn a year, which has prompted their championing of the US Foreign Account Tax Compliance Act (FATCA).
cfa launches new wide reaching training initative
As part of its crusade to regain trust and raise professional standards across the industry, the CFA Institute has launched a new self-study training programme aimed at the wide range of workers involved in the financial services sector.
Middle East | 29 May 13
uae asset managers shun soft commission
The payment of so-called ‘soft commission’ to advisers in the United Arab Emirates by some asset management companies is causing a headache for larger international asset managers who do not pay additional incentives to advisers.