DSP launches Ucits-compliant European fund
Dalton Strategic Partnership is launching a Ucits-compliant version of its Melchior European fund
Industry
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DIFC and Lux sign MoU
The Dubai International Financial Centre and Luxembourg for Finance have signed a Memorandum of Understanding to promote industry development and regulatory cooperation between the two jurisdictions..
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Tax advisers criticise HMRC for low NDO response rate
The 10,000 responses submitted to HMRC under the New Disclosure Opportunity which shut on Thursday 4 January is disappointingly low, say leading tax experts…
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Pru partners with UOB in east Asia
Prudential has entered into a partnership with Singapore’s United Overseas Bank in an effort to boost its south-east Asian business…
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NatWest launches first offshore Navigator structured product
NatWest International Personal Banking is launching its Navigator Structured Deposit Account into the offshore market for the first time…
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Zurich names replacement Middle East CEO
Zurich International Life (Zil) has announced the replacement of Carlos Sabugueiro, its former Middle East chief executive who unexpectedly left the firm last month (December).
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SLI launches into Spanish market
Standard Life Investments (SLI) has received public distribution status from the Spanish authority for 10 funds from its Luxembourg-domiciled Sicav fund range…
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New global fund launched by Veritas
Veritas Asset Management is making its Dublin-domiciled global hedge fund available to offshore and UK retail investors for the first time…
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HMRC: 10,000 take up NDO
HM Revenue and Customs has revealed around 10,000 people have notified them of their intention to disclose undeclared offshore income and gains under its new disclosure opportunity (NDO)…
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Gibraltar reaches deal with UK government over Qrops
The UK Treasury has agreed to recognise Gibraltar Qrops, following high level talks between Treasury officials and Gibraltar chief minister Peter Caruana, sources told International Adviser. A spokesm
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Investec adds three funds to GSF range
Investec Asset Management has launched three Luxembourg-domiciled Ucits III funds within its Global Strategy Fund range…
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Italy extends Scudo Fiscale to April
The Italian Government has extended the deadline for its offshore tax amnesty, the Scudo Fiscale, to April and introduced a sliding scale for penalties based on when disclosures are made.