News
New IoM code to push insurers to stick to the rules
A planned new code of conduct governing how Isle of Man-based insurers do business is likely to urge firms to only operate in regions where they are appropriately licensed, according to a highly placed industry source.
Tax & Regulation | news 26 Jan 16
Bank of England’s Bailey named FCA chief executive
The new chief executive of the UK’s Financial Conduct Authority (FCA) has been named as Andrew Bailey, the Bank of England’s deputy governor for prudential regulation and chief executive of the Prudential Regulation Authority (PRA).
UBS WM launches UHNW Academy in Asia Pacific
UBS Wealth Management is targeting its senior ultra-high-net-worth (UHNW) advisers with the launch of the investment bank’s UHNW Academy in Asia Pacific, as part of the training programme’s global roll-out.
HKEX to push ahead with cross-border bond trading scheme
Hong Kong Exchanges and Clearing (HKEX) has outlined plans to push ahead with the introduction of a ‘Bond Connect’ scheme to give foreign investors wider access to the Chinese debt market, similar to the way the Stock Connect program bolsters trading between Hong Kong and Shanghai.
DV Global tie-up targets expat market
International distribution company DV Global has partnered up with platform provider Novia Global and DFM TAM Asset Management as part of a formal launch of its panel of products and services aimed at expat-focused financial advisers.