controversial cayman tax axed
A controversial tax in the Cayman Islands appears to be off the table after a viable alternative was offered by the private sector.
Author: International Adviser
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800m vote of confidence in threadneedle
Threadneedle has won a mandate in excess of $800m with South African Investment manager Stanlib, running global and emerging market equity portfolios.
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confusion as uaes esca unveils funds rules
Asset managers in the United Arab Emirates said today that they were struggling to get clarity on new regulations covering investment funds that were unveiled at the end of July by the Emirati Security & Commodities Authority.
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standard chartered hid dealings worth 250bn
London headquartered bank Standard Chartered has been accused by New York State’s financial watchdog of hiding 60,000 transactions worth $250bn with the Iranian government, which it said left the “US financial system vulnerable to terrorists, weapons dealers, drug kingpins and corrupt regimes”.
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modern construction a profile of totus p2
uncertain about his tax position and residency.” Unified business Although Hopkins Consulting had functioned “perfectly well” as a joint venture tax consultant for Totus, “it has always been my intention to bring our joint ventures into mergers [eventually], where possible,” De Stefano says, explaining the thinking that led to last year’s merger. “Because it is…
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modern construction profile of totus p1
The Totus wealth management group is being transformed to ensure its future growth, with new offices across Europe and a greater focus on tax expertise, reports Helen Burggraf.
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de forest brown leaves states of jersey
Martin De Forest-Brown has left the States of Jersey government, where he has been director of international finance for more than five years, to take up a regional directorship with the FD Centre.
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interglobal adds sales and marketing capability
InterGlobal has appointed two senior marketing professionals and two marketing executives.
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new regulatory regime for singapore
Singapores City watchdog is due to implement an enhanced regulatory regime for fund management companies tomorrow, which will include increased capital requirements and stricter business conduct rules.
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aquila capital expands 1bn strategy
Hamburg-based Aquila Capital has expanded its risk parity offering with the introduction of the AC – Risk Parity 17 Fund, which will have the highest target volatility of the range.
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real estate transactions in dubai
Land and property transactions in Dubai increased by 21% in the first half of this year compared to the first half of 2011, reaching AED63bn ($17bn, 14bn).
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weekly currency update w e 3 august 2012
Sterling survives a week of poor economic data, while the dollar was boosted by a lack of positive news in the eurozone Moneycorp takes us through last weeks currency moves