United Kingdom | 16 Jan 13
still a future for banking on guernsey
Yesterday’s news that Guernsey’s Clydesdale Bank International is to add its name to the growing list of banks that have surrendered their licences on the island since 2008 may have cast a pall over St Peter Port, but executives of at least one Guernsey bank insist that reports of the industry’s demise have been exaggerated.
Tax & Regulation | 16 Jan 13
hmrc to add 100 inspectors to team targeting
HM Revenue & Customs is to add 100 inspectors to its 200-strong Affluent Compliance Team, a team set up in 2010 to target wealthy Britons living in the UK who may be concealing money from the Revenue.
United Kingdom | 16 Jan 13
jupiter benefits from q4 inflow surge
The amount of money run by Jupiter Fund Management jumped by more than 5% after strong inflows during the fourth quarter.
bupa intl in distribution deal with east african
Bupa International has partnered with Jubilee Insurance, in order to sell its products into East Africa where Jubilee is the largest insurance provider.
fair review panel decides against commission
A complete ban on advisers receiving commissions in exchange for recommending investment products was not included among the recommendations published today by Singapore’s Financial Advisory Industry Review Panel.