malaysia and uae central bankers sign pact
The central banks of Malaysia and the United Arab Emirates have today signed an agreement to encourage closer economic ties between the two countries, including in the area of Islamic finance.
The central banks of Malaysia and the United Arab Emirates have today signed an agreement to encourage closer economic ties between the two countries, including in the area of Islamic finance.
The Swiss government has signalled that it is close to starting a renegotiation of its savings tax agreement with the European Union and also indicated a more open stance to wider cooperation on tax matters with the rest of the world.
Isle of Man-based Thomas Miller Investment has launched an alternative investments fund, aimed at achieving a return in excess of cash plus 3%pa over rolling three year periods.
Part of Fidelity’s global investment team based in London, Adrian Brass manages the Fidelity Funds America Fund. While he accepts it’s easy to underperform the US market, he insists if you focus on the long term, outperformance can be achieved.
Isle of Man-headquartered trust, fund and corporate services provider First Names Group has named Lorraine Wheeler as its Jersey-based client services director in a newly created role.
HM Revenue & Customs is losing more than £17bn each year by not launching a tax amnesty, according to a report by accountants Crowe Clark Whitehill.
HM Revenue & Customs has come under fire for not getting to grips with the rise in level of complaints against it, which more than doubled over the year to the end of March 2013.
Hong Kong consumers continue to have a pessimistic outlook, according to the latest City University poll conducted between late September and early October.
Eastspring Investments, the Asia asset management arm of Prudential, has opened a UK office aimed at targeting Asia investment expertise to prospective UK and European investors.
The idea of a new professional association which promotes financial advice in the Middle East has been given overwhelming endorsement by advisers in a survey.
Aviva has completed the sale of its US arm, Aviva USA, to Athene Holdings for $2.6bn (£1.7bn) as part of its ongoing international review to focus on the most profitable markets.
Ross Elder has left the international private banking arm of Berenberg as part of a restructuring process to “explore new opportunities”,according to the company.