sfc fines asian capital resources
Asian Capital Resources Holdings (ACR) and its former company secretary Andrew James Chandler were today convicted of providing false or misleading information to the Hong Kong Stock Exchange.
Author: Mark Battersby
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isle of man govt goes public on loss of 50c QROPs
The Isle of Man government has expressed disappointment that its 50c pension schemes can no longer be QROPs.
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burma stock exchange planned for 2015
Burma is to get a new stock exchange, after the Tokyo Stock Exchange and Daiwa Securities received preliminary approval to help set one up.
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global admin provider kane for sanlam bond
Kane LPI, an arm of global specialist insurance management services Kane, is to provide end-to-end administration services for the South African group Sanlams new offshore bond offering in the UK.
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hsbc in talks about sale of its korean business
The Hongkong and Shanghai Banking Corporation Limited (HSBC), the wholly-owned subsidiary of HSBC Holdings plc, has confirmed that it is in discussions concerning a possible sale of its retail banking and wealth management business in Korea to The Korea Development Bank, a member of the KDB Financial Group.
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hong kong financial planner of the year
The Institute of Financial Planners in Hong Kong has today launched its annual financial planner awards with a rigorous looking application format aimed at recognizing financial planning practitioners and rising talents who excel in their professional knowledge in Hong Kong.
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sanlam makes uk debut with offshore bond
South African financial services group Sanlam is launching an offshore bond into the UK for the first time, with an option to protect against downside risk in falling markets.
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lombard targets asia as friends reports results
John Van Der Wielen, managing director international at Friends Life, has outlined his aspiration for growth in the Asian region, notably for the European focused tax planning business Lombard, against the backdrop of poor results for parts of the international division.
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future unclear aegon uk canada life bonds
Aegon UK and Canada Life have no updates so far today on their compact statements issued last week explaining that an offshore bond product in each of their ranges had to be suspended from sale on Budget Day.
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multi manager funds do not show well defaqto
Advisers looking to outsource their investment decision making to a multi-manager fund in the lead up to Retail Distribution Review implementation should choose carefully, as very few of these funds have managed to perform consistently since 2008, according to independent research company Defaqto.
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entrepreneurs get integrated soc gen service
Societe Generale is launching a new integrated service offering private banking aimed at wealthy entrepreneurs who have a holding company or family office.
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luxembourg acquisition for kinetic partners
Global professional services firm Kinetic Partners has acquired Luxembourg-based fund advisory firm AB Fund Services as part of its bid to serve clients who operate in multiple jurisdictions.