Industry
Sanlam switches on AI in ‘world first’ for fund industry
Sanlam has claimed it is now offering the world’s first ever balanced fund run by artificial intelligence and machine learning.
Demise of the machines as Macquarie closes robo-advice unit
Macquarie’s direct robo-advice service is to be shut down with its automated advice offering integrated into the bank’s wealth platform following the sudden death of founder and chief investment officer John O’Connell.
Middle East | 15 Jun 17
Bahrain to lure fintech startups with regulatory sandbox
The Central Bank of Bahrain (CBB) is to create a regulatory sandbox so that startups and fintech firms can test their ideas and solutions and strengthen the Gulf state’s position as a regional fintech and financial services hub.
Netherlands urged to slash 30% expat tax break
The Dutch government may be looking to reduce a 30% tax break used by wealthy expats after it was deemed “too generous”, according to a new report.
Tax & Regulation | 14 Jun 17
Five things to expect from the new UK government
After an astonishing general election that delivered a hung UK parliament, there has been nothing but political uncertainty in recent weeks. All eyes now turn to the delayed Queen’s Speech on 19 June, setting out the legislative programme for this year. Click on the arrows in picture below to see five things likely to come up in her speech.