coutts opens new uae office in difc
Coutts & Co, the London-based private bank and wealth manager, has opened an office in the Dubai International Financial Centre today, 13 years after it first entered the UAE market in Dubai.
Author: International Adviser
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expats and their saudi employers confront
A new Saudi Arabian scheme to boost employment of Saudi nationals by fining companies that draw more than half their staff from expatriate circles has caused controversy and debate in the six days since it came into force.
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turning away us clients will not save you
The Chartered Institute for Securities & Investment (CISI) has accused the US of "behaving like a bully" in imposing unfair costs on UK investment managers through the implementation of FATCA.
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osborne considers new raid on uk pensions
UK chancellor George Osborne is reportedly considering increasing the amount of tax paid by wealthy Britons on their pensions, the second time he will have done so since the Tory-led coalition came to power in 2010.
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ignis appoints sales director for benelux region
Ignis Asset Management has appointed Roger de Passe as regional director for the Benelux region, within its European sales team.
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fatca model 2 agreement explained
International law firm Withers Worldwide explains the “Model 2” intergovernmental agreement for FATCA facilitation released by the US Treasury yesterday.
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natixis uk push gathers pace
Natixis Global Asset Management (NGAM) has announced two new appointments to its UK wholesale and retail team as it boosts its headcount in the department ahead of its official retail launch in January 2013.
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dont be docile about domicile
Determining a client’s domicile should be the starting point for any adviser who is establishing an individual’s tax liability, says Prudential's technical manager Gerry Brown.
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qatar investment fund chairman david von
The board of the Qatar Investment Fund has appointed Nicholas Wilson has its new chairman, following the sudden death of former chairman David von Simson.
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lm launches attack on corporate fund raider
LM Investment Management has hit back at fund management group Trilogy, which took control of the LM Wholesale First Mortgage Income Fund from it earlier this month, calling Trilogy’s behaviour “woeful”.
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Santander reported considering Jersey
Spanish banking group Santander is said to be looking into the possibility of selling its private banking operation in Jersey.
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us unveils 2nd model fatca iga
The US Treasury has quietly unveiled what it is calling its "FATCA Model 2 template" agreement, as an alternative to a FATCA "intergovernmental model agreement" released earlier this year.