Europe
Blackrock: Active vs passive should be a thing of the past
The active versus passive debate could be history by 2025, according to Blackrock’s Joe Parkin.
Brexit must not hinder fraud investigations, UK watchdog warns
Brexit must not interfere with the way criminal professionals are pursued throughout the UK and Europe, the head of the UK’s Serious Fraud Office (SFO) has warned.
PEOPLE MOVES: HSBC, Fidelity and Momentum
HSBC appoints a Hong-Kong based global head of private wealth solutions, Fidelity creates a head of stewardship and sustainability role, while Momentum Pensions has named a head of business development for the Middle East and Asia.
Eight jurisdictions to be dropped from EU tax haven blacklist
The European Union’s finance minister is expected to remove almost half of the jurisdictions, including Panama and the UAE, from the tax haven blacklist next week, in a move that critics may see as a watering down of its tax avoidance campaign.
EU eyes UK offshore financial centres in Brexit talks – report
The European Union will “go after” the UK crown dependencies and overseas territories which were left off its recent tax haven blacklist, according to a UK newspaper.