Regions
Thailand eases foreign ownership rules for life companies
Thailand has announced it will relax foreign ownership restrictions and board limits for life insurance companies in a bid to “promote stability” in the industry.
United Kingdom | 26 Jan 17
UK financial compensation scheme issues phishing email alert
The Financial Services Compensation Scheme (FSCS) has warned consumers to be on their guard against an email scam promising a $5.7m (£4.5m, €5.3m) payment to encourage people to provide personal information.
North America | 26 Jan 17
SEC charges US adviser in $1.3m ‘cherry picking’ scheme
The US Securities and Exchange Commission has charged an adviser with placing trades through a master brokerage account and allocating profitable trades to himself while passing unprofitable trades on to client.
Tax & Regulation | 26 Jan 17
HMRC loss in IHT case unlikely to change pension transfer rule
A court ruling against HM Revenue & Customs on a case about inheritance tax (IHT) is unlikely to change the current two-year exemption rule on pension transfers, said Rachael Griffin, financial planning expert at Old Mutual Wealth.
Hansard shows Q2 double digit growth driven by LatAm and MEA
Hansard Global’s Middle East and Africa business continued to drive growth in the second half of 2016, which was also boosted by Latin American and regular premiums.