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News

Convoy warns of dodgy shares

Asia | news 11 Jan 18

Convoy warns of dodgy shares

Embattled Convoy Global has warned investors against dealing with shares that it alleges were wrongly allotted to six individuals; including the company’s second largest shareholder, who recently failed to remove several executive directors in a thwarted boardroom takeover.

Ex-StanChart Private Bank head charged with bribery

Asia | news 11 Jan 18

Ex-StanChart Private Bank head charged with bribery

A former private banking head at Standard Chartered Bank in China has been charged by Hong Kong’s Independent Commission Against Corruption (ICAC) this week with accepting a bribe.

M&G begins Brexit-linked shift of funds to Luxembourg

Europe | news 11 Jan 18

M&G begins Brexit-linked shift of funds to Luxembourg

Fund manager M&G Investments has begun to transfer the assets of four UK-domiciled open-ended funds with assets of around €10.5bn (£9.3bn) to equivalent funds on its Luxembourg platform.

FEIFA opens its doors to lawyers and tax experts

Companies | news 11 Jan 18

FEIFA opens its doors to lawyers and tax experts

The Federation of European IFAs (Feifa) has launched an Associate Membership aimed at advisers’ allied professions.

Swiss to exchange information with HK and Singapore in 2019

Tax & Technical | news 11 Jan 18

Common Reporting Standard’s conflict with data human rights

The intrusive Common Reporting Standard will only be curbed if someone is prepared to sacrifice their own privacy in a test case to assert the right to privacy for everyone, according to a partner at British law firm Mishcon de Reya.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.