Industry
Australia’s ASIC to ramp up jail terms for financial crimes
The head of Australia’s main financial services regulator Greg Medcraft has called for more white collar criminals to be jailed and said he has built up a $40 million fund to prosecute people suspected of financial misconduct.
Middle East | 13 May 15
SA stock exchange bolstered by continuing diversification
South Africa’s stock market is being bolstered by an ongoing diversification away from mining into the retail, tourism and hospitality sectors, says a leading figure in the country’s investment management sector.
AllianzGI promotes Pross to head of EMEA
UK-based asset manager, Allianz Global Investors, has promoted Tobias Pross who is to take on a new role as head of Europe, Middle East and Africa (EMEA).
Tax & Regulation | 13 May 15
10 implications of the UK General Election result for non-doms
The Conservative Party’s surprise majority victory in the UK General Election will allow the new government to press ahead with its promise to make greater efforts to counter tax avoidance and evasion. Here are 10 points that highlight what this means for those claiming non-domicile tax status.
Tax & Regulation | 13 May 15
Non-doms remain under threat despite Labour defeat
Changing legislation and rising charges will mean that non-doms cannot rest on their laurels following the election of a majority Conservative government in the UK general election last week, warns law firm Stephenson Harwood.