Industry
Standard Life posts £5m loss in Hong Kong amid global job cuts
Standard Life lost £5m (€5.9m, $6.4m) last year from its wholly-owned business in Hong Kong as it confirmed that more than 800 jobs will be lost after it merges with Aberdeen Asset Management.
Best Practice | 10 May 17
CFA exam to include fintech topics
The Chartered Financial Analyst (CFA) exam is to be updated to include topics such as big data, artificial intelligence and robo-advice.
Gibraltar planning for ‘hard Brexit’ end to EU market access
Gibraltar is preparing for a post-Brexit scenario where firms will no longer have access to the European Union single market, focusing instead on maintaining a preferential relationship with Britain, a top government official has revealed.
North America | 9 May 17
‘Frustrated’ EU politicians step up pressure on US over Fatca
Members of the European Parliament have asked the European Commission to open talks with the US to make data exchange under the Foreign Account Tax Compliance Act (Fatca) reciprocal.
Best Practice | 9 May 17
Abu Dhabi’s ADGM to launch financial services talent hub
Abu Dhabi Global Market (ADGM), the international financial centre in the UAE capital, has launched a ‘talent hub’ for financial services.