determining residency
Prudentials Gerry Brown describes a recent court case in which residency needed to be determined.
Singapore
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commission ban in singapore not a given says
The pending review of Singapores financial services industry may not lead to a ban on commission payments to financial advisers, according to a senior figure leading the review.
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singapore authority relaxes rules on sale
The Monetary Authority of Singapore has reduced the number of investment funds which are subject to new investor protection rules which came into force at the beginning of this year.
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prudential granted asset management licence
Prudential Asias asset management arm, Eastspring Investments, is to enter the Indonesian market, having been granted a licence by the countrys financial markets regulator, Bapepam LK.
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regulation takes root
Helen Burggraf explores how the financial crisis has encouraged regulators around the world to re-examine consumer protection and how advisers are increasingly feeling the pressure.
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singapores fair highlights globalisation
David Bellingham, chief executive, director and responsible officer of Singapore advisory firm Professional Investment Advisory Services, is currently writing a PhD thesis on globalisation. Here, he shares his thoughts on Singapores pending review of its financial services industry
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convoys 21m acquisition of ipp falls through
A deal that would have seen one of Asias largest advisory companies, Hong Kong-based Convoy Financial Services, become even larger, has fallen through, after it failed to be completed in the time frame stipulated in the sale agreement.
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bank indonesia applies brakes to dbs plan
Bank Indonesia, Indonesias central bank, will not approve a proposed acquisition by Singapores DBS Group Holdings of Bank Danamon Indonesia until it has established new foreign ownership rules for banks in the country and a reciprocity arrangement with Singapore, according to reports.
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singapores life insurance assn comments on fair
The Life Insurance Association of Singapore today used the city-states main newspaper, the Straits Times, to explain its support for a pending review of Singapores financial advisory industry unveiled last month at its 50th anniversary dinner.
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pru singapore had record breaking 2011
Prudential Singapore, a subsidiary of UK-based insurer Prudential, achieved new business premiums of $473m last year, representing a 29% increase on 2010.
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dbs private bank expands asia hnwi operation
The private banking arm of Singapore-based DBS Bank is creating a new international private banking team to tap what it said is a rising demand from international high net worth individuals keen to invest in Asias growth.
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rosiip was not a qrops uk court rules
The parent of the Panthera QROPS range on Friday lost its appeal against a High Court ruling last May, which found that HM Revenue & Customs was within its rights in stripping its Recognised Overseas Self Invested International Pensions Retirement Trust (Singapore) of its QROPS status in 2008.