Industry
Hansard’s Bahamas operation to service Latin America growth
Hansard Global’s recently announced Bahamas operation will be used to support its “rapidly growing” Latin American client base, according to the specialist long-term savings providers latest results.
Best Practice | 26 Jul 18
‘Onerous compliance’ behind UK money laundering failings
UK anti money laundering efforts are struggling because heavy handed reporting rules are creating a glut in poor quality reports – a reform body has said.
EU exit paper gives UK expats a ‘glimmer of hope’
Europe’s own Brexit preparations paper offers international insurance and pension policy holders a way to keep honouring contracts – a cross border lawyer has argued.
Singapore financial firms on alert after hack
Financial institutions across Singapore have been warned to tighten their customer verification processes after the personal details of 1.5 million people were stolen in a cyberattack.
FCA outlines passporting ‘backstop’ plans for no-deal Brexit
EU firms will be able to continue passporting into the UK if the Brexit transition period is canned, according to the Financial Conduct Authority (FCA) which spelled out its backup plan on 25 July.