Industry
US signs cross-border cooperation agreement with Hong Kong
The US Securities and Exchange Commission (SEC) has entered into a memorandum of understanding on cross-border cooperation with the Hong Kong Securities and Futures Commission (SFC).
Tax & Regulation | 19 Jan 17
Former MD of Lumiere Wealth makes further court appearance
The founder and managing director of defunct Jersey-based IFA firm Lumiere Wealth, Christopher Byrne, has appeared in court for a fourth time and been granted bail.
Aviva streamlines insurance businesses
Insurance giant Aviva has announced a streamlining of its UK operations and is putting one person in charge of its main international businesses.
UK pensioners hit with 4% cut in Rops drawdown rates
Pensioners with recognised overseas pension schemes (Rops) face being able take less money from their retirement pots under new income drawdown rates released by HM Revenue & Customs (HMRC) this week.
People Moves | 19 Jan 17
Jersey’s assistant chief minister resigns over fund failings
Philip Ozouf, assistant chief minister of Jersey, has stepped down following the publication of a report highlighting a catalogue of failings in how the island’s Innovation Fund awarded more than £2m ($2.5m, €2.3m) of taxpayers’ money to start-ups.