Singapore

People Moves | 2 May 13

Kelso Beggs, for many years the chief operations officer of International Financial Services in Singapore, has been appointed head of distribution at AAM Advisory, as the company moves to strengthen its management structure ahead of expansion.

Asia | 9 Apr 13

Singapore is the world’s fastest growing wealth centre and is predicted to overtake Switzerland to become the largest offshore private banking market by 2020, according to recent research.

Asia | 4 Apr 13

A top official in the Monetary Authority of Singapore has stressed that the promotion of the island’s Islamic finance industry remains key, even though two tax incentives aimed at promoting it were allowed to lapse recently.

Asia | 3 Apr 13

Singapore’s financial services regulator has published its response to comments it received on proposed changes to the regulation of locally active insurers’ investment activities, and indicated a strong preference for keeping key elements of these insurers’ businesses within its borders.

United Kingdom | 27 Mar 13

Prudential, one of the world's largest insurers, has been fined £30m by the Financial Services Authority and had its chief executive censured for failing to inform the regulator over its failed bid to purchase AIA.