High net worth clients to bear brunt of Belgian tax reform
High net worth individuals might end up footing the bill for the forthcoming corporate income tax overhaul in Belgium.
Belgium
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Belgium introduces tax break for cross-border pension schemes
Belgium’s government has approved a bill that will exempt cross-border pension schemes from tax in a bid to position the country as the number one location for pan-European retirement products.
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Belgian adviser Dunhill merges with rival Cross Border Planning
Two of Belgium’s largest advisory firms for US expats Dunhill Financial and Cross Border Planning have announced they will merge.
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Belgium charges UBS with serious and organised tax evasion
A Belgian judge has charges Swiss bank UBS with money laundering and serious and organised tax evasion, according to media reports.
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Axa sells Hungarian banking operations to focus on retail
Axa Bank Europe, part of the global insurance and asset management giant Axa Group, has agreed to sell its Hungarian operation to OTP Bank in a move that will see it fully focusing on retail banking.
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MnG launches Belgium retail offering
M&G Investments has opened its doors to the Belgium retail market as it aims to acquire 2bn (£1.5bn, $2.3bn) in assets under management in the region.
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devere departs cyprus luxembourg
The deVere Group has closed its offices in Cyprus and Luxembourg, and is now looking after its clients in these markets from its Financial Conduct Authority-regulated UK office, a company spokesman has confirmed.
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devere licence ends in belgium
The deVere Group has ceased to be regulated by Belgium's Financial Services and Markets Authority, as of the end of March, and today announced a reorganisation of its European operations.