US

North America | 6 Aug 13

A bipartisan group of US lawmakers has introduced legislation aimed at making it harder for criminals to carry out financial crimes in the US, in part by putting an end to the ability to form corporations without disclosing the identities of those behind them.

Tax & Regulation | 6 Aug 13

New York Governor Andrew Cuomo has introduced a new initiative to encourage individuals who owe significant back taxes to pay their bills by suspending their State driving licences when their past-due tax liability exceeds $10,000.

Products | 5 Aug 13

Aviva Investors is soft closing its US Equity Income Fund in early October in order to protect performance as UK investors have poured money into the vehicle in the past year.

Emerging Markets | 25 Jul 13

Year to date some $153bn has gone into developed market funds while $1.4bn has come out of emerging market portfolios globally, according to global fund flow data from BofA Merrill Lynch (BofAML).

North America | 10 Jul 13

Chase Belgrave, a Zurich-based wealth manager and financial consultancy, is working with an external trustee to offer high net worth American expatriates a pension plan that is tax efficient from a US perspective.