News
Sweden to target advisers in tax avoidance clampdown
The Swedish government is looking at introducing measures that would force tax advisers to report clients who use “aggressive” tax planning schemes to avoid paying tax.
Germany sets out plan to tackle tax evasion
Germany’s finance ministry has set out a 10-point plan to combat tax evasion in response to the Panama Papers leak last year.
Old Mutual Int’l and AAM Advisory in court against IFS
Old Mutual International appeared as a defendant in Singapore’s supreme court alongside its local advice business AAM Advisory on Thursday.
UBS AM launches cross border Hong Kong platform
UBS Asset Management has launched a Hong Kong mutual fund platform, setting sights on distribution into the onshore China market, said Markus Egloff, head of wholesale client coverage for Asia ex-Japan.
Tighter rules loom for Chinese insurers amid corruption probe
China’s insurance regulator is looking to tighten its grip on the industry as one of its top officials faces a corruption inquiry into a wave of blockbuster global deals that are raising concerns about financial risk in the world’s second-largest economy.