News
Middle East | news 30 Dec 15
Middle East market feels wind of regulatory change
Regulatory change, whether from growing enforcement of existing rules or the emergence of new ones, had a major impact on international life companies and financial advisory businesses in the Gulf during 2015.
Zurich exit from Singapore highlights industry change
The Zurich Insurance Group’s decision to pull out of the international life business in Singapore, where it had been a big part of the market for a long time, was the top story from Asia, among a series about industry restructurings which dominated coverage in 2015.
Retirement | news 28 Dec 15
UK Qrops scheme closures rock the IFA industry in 2015
The decision by HM Revenue & Customs (HMRC) to drop thousands of Qrops from its list of recognised overseas pension schemes was one of the biggest stories of 2015.
Asset managers ignore digital distribution at their peril
When it comes to a move toward electronic fund distribution, for the asset management sector, change is mandatory, says EY.
Middle East | news 23 Dec 15
Qatar streamlines financial rules, targets Islamic banking
The Qatar Financial Centre (QFC) Regulatory Authority has introduced a new set of Islamic banking regulations and a revised set of its Conduct of Business rules to boost the Gulf nation’s appeal to financial businesses and investors.