News
Commission-free insurance available
The Monetary Authority of Singapore (MAS) has today announced the features of standardised life insurance products which will be possible to purchase directly from insurance companies by early next year.
People Moves | news 30 Jul 14
rbs job losses on offshore jurisdictions
RBS International today announced 55 job losses across all of its offshore jurisdictions.
United Kingdom | news 30 Jul 14
HMRC claims victory over NT Advisors
HM Revenue & Customs has claim its eighth tribunal win over tax avoidance schemes run by NT Advisors, bringing the total amount of UK tax it claims to have protected to £750m.
United Kingdom | news 30 Jul 14
UBS and Deutsche Bank embroiled in dark pool probe
UBS and Deutsche Bank have become the latest financial institutions to join the so called dark pool probe, initiated last month when Barclays was sued over the operation of its electronic trading division.
North America | news 30 Jul 14
FATCA seen as an opportunity not a burden
Contrary to common perception, many wealth management firms in the UK are embracing the controversial Foreign Account Tax Compliance Act (FATCA) legislation, which began its implementation on 1 July, with some carving out a niche specifically advising orphaned American clients.