Middle East | 15 Jul 12
uae banks told to hold 10 liabilities in liquid
Banks in the United Arab Emirates have been told they must hold the equivalent of 10% of their liabilities in high quality liquid assets, such as cash, central bank certificates of deposit and UAE government bonds, beginning in January.
Profiles & Comment | 13 Jul 12
what hmrc was thinking
Paul Evans, managing director of Dubai-based, multi-jurisdictional QROPS administrator Brooklands Pensions, looks at what HMRC was thinking when it tightened up the QROPS regulations
four companies left in bid for avivas malaysian jv
Bidding for Avivas Malaysian insurance business has entered a second round, with four potential buyers still in the running for the deal which is estimated to be worth about $500m, according to media reports.
Tax & Regulation | 13 Jul 12
hmrc tax hotline rings off the hook
HMRC has received more than 400,000 calls to its tax evasion hotline during the past five years, according to data obtained via a freedom of information request.
lombard names pinte to new strategy role
Lombard International Assurance, the Luxembourg-based wealth management subsidiary of Friends Life, has named Vincent Pinte executive director for business development and marketing.