Dubai’s DIFC prepares to implement CRS and reform trust laws
The Dubai International Financial Centre is preparing new laws to implement the Common Reporting Standard (CRS), and to reform its rules surrounding trusts and foundations.
Regions
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What to avoid when investing in Europe
A sector that is being disrupted is European consumer staples, said Todd, who leads a six-man London-based team who look at European equities. Large caps such as Nestle and the big tobacco firms, for example, have historically been reliable performers, “but we think that they are too expensive for the growth they deliver. You pay…
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Six expert UK budget predictions
Experts from Old Mutual Wealth and Quilter Cheviot give their budget predictions ahead of 22 November.
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Unsent text is last will says Australian court
An unsent text message has been accepted as an official will by an Australian court.
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Expats in the firing-line on ‘revived dementia tax’
A “scaremongering” comment from a UK government minister to raid property to pay for long term care could have knock-on implications for expats post-Brexit.
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Investors step up European equity ETF buying
September saw renewed appetite for European equity exchange trade funds (ETFs) after flows had dropped in August, according to data from assert manager Blackrock. But it was another asset class that really stole the show.
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China’s fund association lashes out at marketing gaffe
The Asset Management Association of China (AMAC), the fund industry’s self regulatory body, has sharply criticised an online fund marketing campaign launched by a wealth management arm of e-commerce giant Alibaba, involving 16 fund managers.
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Expat pensions at risk admits UK chancellor
UK chancellor Philip Hammond has admitted the government is “alive to the risk” that leaving the EU without a Brexit deal could create “legal uncertainties” for European cross-border pensions and insurance arrangements.
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Why Abenomics will continue to benefit Japan
With Shinzo Abe’s recent announcement of a snap election, Adrian Lowcock, investment director at Architas, assesses the case for investing in Japan.
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Guernsey wealth manager swoops on $1.7bn in US assets
Guernsey-based European Wealth, an integrated wealth management group, is to acquire a US broker network with US$1.7bn (€1.44bn,£1.29bn) assets under management and re-brand itself.
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Abu Dhabi opens the door to cryptocurrencies
Abu Dhabi’s financial regulator has set out its stall as a potential regulated market for crypto currencies and Initial Coin/Token Offerings (ICOs).
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Hong Kong Best Practice Adviser Award winners revealed
The winners in Hong Kong for International Adviser’s Best Practice Adviser Awards 2017 series were revealed on 10 October at the Island Shangri La Hotel in Hong Kong.