Africa
New offence in South Africa of failing to prevent corruption activities takes effect
Examples of gratification include money, gifts, property, jobs or the forgiveness of debts
Record Q1 inflows to equity funds as US equities fuel UK investor appetite
Only Asia-Pacific and UK equity funds saw outflows among geographical sectors
People Moves: SJP, HSBC, Quilter Cheviot
Investment manager hires chief investment officer, as wealth manager makes five hires
PEOPLE MOVES: Quintet PB, CISI, Nucleus
Private bank names COO, as professional body appoints director of global learning
South African regulator withdraws licence of asset manager
After it found the firm had ‘significant compliance deficiencies’