The Swiss government is to introduce new laws to ease the sharing of tax information with other states in line with OECD standards, but is to keep in place measures which mean targets must be notified of an investigation.
Henderson Global Investors has named Rob Gambi chief investment officer, a new position created as part of a move by the company to boost its presence in non-UK markets, including Asia and the US.
The City regulator has revealed it will publish the details of ongoing investigations, following on from its vow earlier this year to get tough on errant firms.
Neil Woodford is to leave Invesco Perpetual next April.
The Channel Islands Stock Exchange has suspended all new listings while an investigation begun 20 months ago is completed, it has emerged.
Andrew Penman, a director and head of London Private Client Tax Services for PKF’s UK operation for three years until it merged in April with BDO, at which point he remained with the combined entity for five months has taken a similar role with Mercer & Hole.
The number of UK-based advisers outsourcing some or all of their client investment proposition has increased by just 3% over the past three years, although this still represents a high number of advisers.
As US financial institutions become increasingly aware of FATCA and its implications, a growing number of them are urging Congress to think again, says David Kuenzi, of US-based Thun Financial Advisors
HSBC Global Asset Management has launched the GIF Global Short Duration High Yield Bond Fund, which is designed to produce a relatively high income, while minimising interest rate risk.
As a South East Asia-based financial adviser for the past nine years, many of them spent in Bangkok, Infinity Financial Solutions’ managing director Trevor Keidan is no stranger to Thailand’s political instability.
City Financial is to launch an Asian macro fund in the first quarter of 2014 to be managed by Geoffrey Barker in a joint venture with the group's Hong Kong subsidiary.
Speaking at the Manx Insurance Association dinner last Friday, MIA chairman David Kneeshaw described the Isle of Man as a “David” taking on the “Goliath” might of countries such as the US and the UK.
