News
ESMA called on to complete non-EU AIFMD passport reviews
The European Securities and Markets Authority has come under pressure to complete its assessment on whether nine countries, including the US, Singapore and Hong Kong, should get access to the marketing ‘passport’ under the Alternative Investment Fund Managers Directive (AIFMD).
Structured Products | news 19 Jan 16
Cayman copies US tax haven’s limited liability law
Cayman Islands has introduced limited liability company (LLC) legislation that combines the key features of a company and a partnership, intended to increase the structuring options for US investment funds.
Latin America | news 19 Jan 16
Brazil offshore tax amnesty signed into law
Residents of Brazil with undeclared offshore assets can now voluntarily declare and regularise their tax affairs without facing criminal prosecution and only face a one-off charge and penalty.
European equities – still in strong demand, but for how long?
They have been the most popular asset class since the final quarter of 2014, but for how long will the European equity mania continue? Saturation is setting in slowly, but at the same time it seems investors are seeing few alternatives to the asset class yet.
Tax & Regulation | news 19 Jan 16
UK government moves to cap early exit pension charges
UK chancellor George Osborne has announced plans to introduce legislation to give the Financial Conduct Authority (FCA) the power to cap excessive early exit charges for those eligible to access their pension pots under the new pension freedoms.