Regions
Offshore Bonds | 23 Feb 16
Prudential’s IPB offshore bond records solid growth
As part of its 2016 bonus declaration, Prudential has announced that the sterling tranche of its International Prudence Bond (IPB), an offshore bond sold to UK expats, has grown 6.7% in year-on-year terms since it was launched 14 years ago.
FEIFA adds three new members to partnership list
The Federation of European Independent Financial Advisers (FEIFA) has picked up three new member firms since the beginning of January.
Commodities | 23 Feb 16
IMF calls on Gulf nations to widen their tax base
The newly-reappointed head of the IMF has called on Gulf countries to re-engineer their tax systems and consider greater use of corporate income taxes, as well as property and excise taxes to bolster government revenues in the face of lower oil prices.
Tax & Regulation | 23 Feb 16
FCA fine WH Ireland £1.2m for market abuse failures
UK wealth manager WH Ireland has been fined £1.2m ($1.7m) and restricted for 72 days from taking on new corporate broking clients for failing to sufficiently protect against the risk of market abuse.
Spate of broker licences sparks hope in UAE
The distribution of new broker licences in the United Arab Emirates (UAE) in the first few weeks of 2016 has raised hopes the industry regulator is poised to further open up the market.