Asia
Old Mutual Int’l on best business practice
Jason Pearce, area sales manager, Hong Kong and NE Asia at OMI, talks to International Adviser about Future Fit, a series of best practice modules that can help advisers run their businesses more efficiently.
Goldman Sachs execs grilled in 1MDB probe
Singapore’s economic crime unit has interviewed current and former Goldman Sachs executives over their links to beleaguered sovereign wealth fund 1Malaysia Development Bhd (1MDB), reports Bloomberg.
Doughnut pioneer charged with $30m Jersey tax fraud
The man who brought the Krispy Kreme Donut franchise to Australia is facing potentially 10 years in jail if found guilty of concealing A$30m in Jersey to dodge tax.
UAE falls short of top 20 ease of business rankings
The United Arab Emirates has fallen one place short of making it into the World Bank’s 2018 top 20 ease of Doing Business rankings, while the US has leap-frogged the UK into sixth position.
MAS issues prohibition orders in latest stage of 1MDB scandal
The Monetary Authority of Singapore (Mas) has issued prohibition orders against those involved in the 1Malaysia Development Berhad (1MDB) state fund breach, one of the world’s largest money laundering scandals in recent history.