Europe
Credit Suisse sets up wealth mgmt firm in Channel Islands
With Credit Suisse ending direct client coverage out of the Channel Islands, the Swiss bank has set up a wealth management firm with local financial service provider Stenham Group, that will act as an external asset manager (EAM) for the bank regionally and elsewhere.
Aisa Int’l embarks on new strategy starting with Czech branch
UK financial planning firm Aisa International has set up a branch in the Czech Republic following its registration as a Mifid tied agent, as part of the firm’s ambitious plans to set up further such branches in future.
EU, Asia Pacific financial regulation strongly connected
Representatives from Europe and Asia Pacific’s regulatory bodies met in Singapore on Friday to hold “in depth, closed-door” discussions on financial regulation and collaboration.
Best Practice | 12 Oct 16
British expats living in Spain must now disclose Malta Rops
Spain has unveiled a new rule which will require British expats to declare the money they have in Malta-based recognised overseas pension schemes (Rops) that allow ‘flexi-access’ in line with the UK’s pension freedoms introduced last year.
Best Practice | 11 Oct 16
Belgium introduces tax break for cross-border pension schemes
Belgium’s government has approved a bill that will exempt cross-border pension schemes from tax in a bid to position the country as the number one location for pan-European retirement products.
