Industry
UK committed to public beneficial ownership despite concerns
A first-of-its-kind public beneficial ownership register of overseas companies that own UK property is being pushed forward by the UK government despite concerns that the information should not be made freely available.
Skipton Int’l to launch offshore savings accounts paying 1.6%
Guernsey-headquartered Skipton International is launching a new three-year fixed rate offshore savings account, promising to pay an interest rate of 1.6% gross per annum.
Old Mutual ‘planning to exit’ China via joint venture sale
Old Mutual is reportedly pulling out of China after putting its stake in a joint venture with a local life insurer up for sale.
People Moves | 7 Apr 17
PEOPLE MOVES: Vanguard, Generali, Wealth Club
Vanguard has a new managing director of its Japanese operations, while Generali Investments has made some changes to its board. One of Wealth Club’s co-founders has left the business after just a year.
Hong Kong signs data-sharing deal with South Africa and Portugal
Hong Kong has agreed to an automatic exchange of information with South Africa and Portugal amid mounting pressure from the OECD and the European Union.