Tax & Regulation | 9 Apr 13
reaction to eu fatca its not just yanks anymore
As recently as last year, Americans were seen as the pariahs of the international financial services world, with many non-US banks unwilling to have them as clients because new US legislation, known as FATCA, meant that they came with onerous tax information reporting obligations.
martin currie targets asia pac growth with
UK headquartered asset manager Martin Currie has opened a “hub” in Singapore, as it seeks to increase its presence in the Asia Pacific region.
North America | 9 Apr 13
uk unveils fatca type info exchange
The UK Government today announced that it is to develop and pilot a new “multilateral tax information exchange agreement” with four of its largest EU fellow members.
key solvency II elements rejected
The European Union's insurance industry watchdog has rejected key elements of the proposed Solvency II regime, in a discussion paper that it has put out to comment.
People Moves | 9 Apr 13
kbl epb appoints group legal officer
KBL European Private Bankers has appointed Hanif Mohamed as its group legal officer based in Luxembourg.