Asia
interglobal adds to sales team
InterGlobal, the UK-based international private medical insurer, has made a series of appointments to its global sales team, as it seeks to boost its presence in such markets as Africa, Asia and the Middle East.
labuan fsa revokes ec trust labuan licence
The Labuan Financial Services Authority has revoked the trust company licence of EC Trust (Labuan) Bhd, effective today, according to a statement on the Labuan FSA’s website.
Credit Suisse fined HK$16m by SFC
Credit Suisse Securities has been fined more than HK$1.6m by the Securities and Futures Commission in Hong Kong.
asia and middle east links fuel cross border
Strengthening ties between Asia and the Middle East, particularly within the Islamic finance sector, have been highlighted in a speech by one of Singapore’s senior politicians.
Singapore life industry to revise sales
From 1 July, Singapore's life insurance industry will adopt a new, lower set of investment returns in the materials its representatives use to sell Singapore-dollar denominated participating (“par”) policies, in response to "the current low interest rate environment".