News
Singapore confirms ex-offenders can work in financial services
The Monetary Authority of Singapore (MAS) has no rules against hiring ex-offenders for positions in the financial services sector, deputy prime minister Tharman Shanmugaratnam has confirmed.
Investment | news 9 Nov 16
Markets shake off Trump triumph, but long-term risks loom
The surprise US election victory by Donald Trump has greatly increased uncertainty, yet asset prices are now back at similar levels as just a couple of days ago when a Clinton victory looked more likely.
Tax & Regulation | news 9 Nov 16
UK to probe 22 people over Panama Papers tax evasion probe
Twenty-two wealthy individuals in the UK face civil and criminal investigations into suspected tax evasion following the disclosure of the Panama Papers, Britain’s chancellor Philip Hammond has told officials.
Priips delay welcomed, 2018 start confirmed
The European Commission’s one-year extension to the introduction of key information documents (Kids) for packaged retail and insurance-based investment products (Priips) has been welcomed across the investment sector.
Investment | news 9 Nov 16
Fund managers’ top Trump reactions
Active fund managers are largely sanguine but braced for volatility over the coming weeks.