Industry
Ex-StanChart Private Bank head charged with bribery
A former private banking head at Standard Chartered Bank in China has been charged by Hong Kong’s Independent Commission Against Corruption (ICAC) this week with accepting a bribe.
M&G begins Brexit-linked shift of funds to Luxembourg
Fund manager M&G Investments has begun to transfer the assets of four UK-domiciled open-ended funds with assets of around €10.5bn (£9.3bn) to equivalent funds on its Luxembourg platform.
FEIFA opens its doors to lawyers and tax experts
The Federation of European IFAs (Feifa) has launched an Associate Membership aimed at advisers’ allied professions.
Real Madrid’s Modric pays €1m to settle tax fraud
Real Madrid midfielder Luka Modric has reportedly paid €1m (£880,000, $1.2m) to Spanish authorities after appearing in a Madrid court on tax evasion charges.
Isle of Man denies financial crime case failings
The Isle of Man has hit back against claims by a news agency that it failed to respond to requests for information from Indian authorities in relation to a bribery and corruption investigation.