Asia | 5 Dec 12

HSBC Holdings is selling its entire stake in China’s Ping An Insurance (Group) of China to entities owned by Charoen Pokphand Group, in what was described as the bank’s largest divestment in more than 15 years.

Europe | 5 Dec 12

Almost a year to the day after Jersey and the Isle of Man finally had their zero-10 corporate tax regimes approved by ECOFIN, Gibraltar is reported to be attracting the European body’s attention.

Tax & Regulation | 5 Dec 12

Tax evasion and aggressive tax avoidance were once again targets of the UK Chancellor George Osborne when he gave his Autumn Statement this afternoon.

United Kingdom | 5 Dec 12

Chancellor George Osborne today targeted wealthy taxpayers with a reduction in the annual allowance on pension contributions, and vowed to pursue tax avoiders, as part of a general strategy of trying to make do with less.

Middle East | 5 Dec 12

Financial services in the Gulf Cooperation Council countries will benefit from forthcoming changes to regulation, according to leading figures within the industry who recognise there is a need to deal with issues such as trust and product awareness.