News
Offshore Bonds | news 26 Jun 17
Old Mutual unveils offshore bond for UK market
Life insurer Old Mutual International has launched a new offshore bond in the UK aimed at savers caught out by cuts to the pension allowances.
Harvest Global funds first to get Swiss-HK recognition
Specialist China and Asian markets asset manager Harvest Global Investments has become the first firm to qualify funds for the Switzerland-Hong Kong Mutual Recognition of Funds (MRF) scheme.
Hong Kong’s Insurance Authority goes live
Hong Kong’s newest regulator, the Insurance Authority, was officially launched on Monday, replacing the Office of the Commissioner of Insurance (OCI) which was disbanded on the same day.
Messi to swap prison sentence for €255k fine in tax fraud case
Football star Lionel Messi could see his 21-month prison sentence for tax fraud replaced with a €255,000 (£224,313, $285,381) fine, Spanish prosecutors have said.
Tax & Regulation | news 23 Jun 17
HMRC faces claims of ‘unlawful’ raid on Newcastle Utd
The seizure of documents from British football club Newcastle United by HMRC tax officials may have been unlawful, a judge has said.