News
AIFMD having little impact on US fund managers
The scale of activity of US alternative fund managers in Europe has been barely affected by the introduction of the EU’s Alternative Investment Fund Managers Directive (AIFMD).
EU and Monaco sign tax transparency agreement
The EU and Monaco have signed a new agreement which ensures member states will receive the names, addresses, tax identification numbers, and dates of birth of any of their residents with accounts in the principality from 2018.
Chinese securities regulator chief replaced
Following months of market turmoil, the head of the China Securities Regulatory Commission (CSRC), Xiao Gang, was removed from his post and replaced by Lui Shiyu, the chairman of the Agriculture Bank of China.
Global dividend index hit by strong dollar
The strong dollar has pushed global corporate dividends down for the first time in the Henderson Global Dividend Index’s seven-year history.
HSBC Q4 numbers disappoint on bank levy, oil losses
A disappointing fourth quarter saw HSBC report a 7% drop in adjusted pre-tax profit to $20.4bn for the full year to end 2015