News
Middle East | news 6 Sep 16
New UAE bankruptcy law to ease pressure to flee
The United Arab Emirates (UAE) is to get a new bankruptcy law for businesses, including a new regulatory body for financial restructuring, which is designed in part to remove the threat of jail for executives of companies facing financial distress.
People Moves | news 6 Sep 16
PEOPLE MOVES: Axa IM, Old Mutual, Standard Life
Axa Investment Managers has named a global head of product, retail and institutional development, while Old Mutual Global Investors has created a country head position in Italy. Following a battle with cancer, Standard Life’s head of adviser engagement has died.
Tax & Regulation | news 6 Sep 16
Australia targets 100 taxpayers in Panama Papers investigation
Australia’s Serious Financial Crime Taskforce (SFCT) is to contact more than 100 taxpayers in response to its investigation into tax evasion and crime in the Panama Papers.
Tax & Regulation | news 5 Sep 16
G20 calls for greater tax transparency
The leaders of the G20 nations have resolved to make greater efforts in implementing international transparency standards for the purposes of tackling corruption, tax evasion, terrorist financing, and money laundering.
Retirement | news 5 Sep 16
UK pensions industry wants tax clarity in autumn statement
With no date set for new UK chancellor Philip Hammond’s autumn statement, and no hints as to what it will contain, the financial services industry will continue treading water, said Jon Gwinnett, pensions technical manager at Nucleus.