People Moves | 7 Jan 13
pru singapore appoints tomas urbanec as ceo
Tomas Urbanec is the new chief executive officer of Prudential Singapore following the retirement of Kevin Holmgren who has plans to return to the USA.
HSBC Bank International closes branches in IoM and Guernsey
HSBC Bank International (HBIB) has completely closed down its Isle of Man and Guernsey centres for international clients who are based overseas, by surrendering its branch licences in both crown dependencies.
Tax & Regulation | 2 Jan 13
five questions for clients to ask advisers
The UK’s Financial Services Authority has produced a consumer guide to explain its far reaching Retail Distribution Review, which banned commission payments from providers to financial advisers from the end of 2012.
Tax & Regulation | 21 Dec 12
uk commission pushes for electrified banks
The UK’s new Parliamentary Commission on Banking Standards (PCBS) today called for the Government’s draft banking reforms to include a hard hitting ‘separation power’ that would force a ring-fenced bank to split itself apart completely.
Tax & Regulation | 20 Dec 12
hmrc adopts settlement strategy on tax avoidance
HM Revenue & Customs is giving a settlement opportunity to those who invested in certain tax avoidance schemes, many of which are registered in Jersey, with the aim of contacting eligible investors by the end of January 2013.