Tax & Regulation | 30 May 12
confusion as french trust law filing date
Financial advisers in France report that a state of confusion exists in fiduciary companies and among accountants specialising in trusts, as the date for declaring an interest in trusts 15 June approaches.
United Kingdom | 30 May 12
shareholders pressure kleinwort benson parent
The parent company of Kleinwort Benson, Brussels-based RHJ International, is being put under pressure from shareholders to break up and sell off its assets.
european firms baulking at chinas rising costs
More than one in five European companies say they are considering shifting their investments from China to other markets, even though they concede that the country remains a key market for them, a survey by the Beijing-based European Union Chamber of Commerce reveals.
feifa names acordias preferred platform partner
The Federation of European Independent Financial Advisers has named Acordias, a London-based, offshore-focused investment platform provider, to be the organisations preferred platform partner.
Tax & Regulation | 29 May 12
fsa ups annual funding requirement
The UK’s Financial Services Authority has increased the Annual Funding Requirement of UK regulated firms by 11% from last year’s figure to £559.8m, representing a 3.2% reduction from its earlier proposal of £578.4m in February.