ireland signs fatca agreement
Irish and American officials today signed an agreement whereby Ireland has pledged to collect data on accounts in Irish financial institutions held by Americans, and provide it to the US tax authorities.
Irish and American officials today signed an agreement whereby Ireland has pledged to collect data on accounts in Irish financial institutions held by Americans, and provide it to the US tax authorities.
Kuala Lumpur headquartered asset manager Kenanga Investors has bought ING’s Malaysian fund management business, part of a strategic sell-off by ING which also saw it complete the sale of ING Malaysia to AIA Group earlier this week.
The main Irish and Luxembourg funds industry associations have largely welcomed the publication, on Wednesday, of the final so-called AIFM Directive Level 2 regulations, saying that they bring much-needed clarity to the situation.
Swiss wealth and asset management company Mirabaud has opened an office in Valencia, joining its existing Spanish premises in Madrid and Barcelona.
The Retail Distribution Review was a hot topic last year, as were the plague of so-called ‘gripe sites’ causing some IFAs a PR headache. See below for the most viewed features of 2012…
Here are the most viewed videos of the last year from International Insight, including an interview with deVere’s Nigel Green, AES International’s Sam Instone and an insight into the UAE from Killik & Co’s Sarah Lord…
Emirates NBD has signed a deal to buy BNP Paribas Egypt for $500m, subject to approval from the Central Bank of Egypt and other approvals in Egypt and the United Arab Emirates.
The European Commission has published what is said to be the final text of how the long-debated Alternative Investment Fund Managers’ Directive is to be implemented, and sparked an immediate response from Europe’s fund management industry.
Julius Baer said it is expediting changes it plans to make to top management as part of its purchase of the non-US business of Merrill Lynch from Bank of America.
Invesco Perpetual’s CIO Nick Mustoe is to take over the interim running of the group’s Global Equity Income Fund after the departure of co-managers Paul Boyne and Doug McGraw.
Wells Fargo Asset Management, part of the US-headquartered bank, has bought a minority ownership stake in Washington D.C. based fund of hedge funds manager The Rock Creek Group.
HM Revenue & Customs has quietly, and at last, published three major and eagerly-awaited documents pertaining to the pending introduction of the American tax regulations known as FATCA.