MediCare International is introducing a new voluntary excess charging structure to its international private medical insurance policies that it says may give policyholders a discount of as much as 50% on their premiums, in return for agreeing to pay a portion of the costs incurred in the event of a claim.
Vistra, a Geneva-based fiduciary and corporate services provider, has made its second acquisition in China, with the purchase of Cynosure.
Americas Securities and Exchange Commission and the Monetary Authority of Singapore have taken punitive action against several China-based insider traders.
BSI, the Lugano, Switzerland-based bank owned by Generali, has been granted a banking licence in Hong Kong by the Hong Kong Monetary Authority.
Threadneedle Investments has launched a UK Equities Fund in its Luxembourg-domiciled Sicav range.
HM Revenue & Customs has published a series of proposed legislative changes to the Qualifying Recognised Overseas Pension Scheme regulations.
Platform One, the recently-launched wrap platform aimed at advisers with high net worth clients and multiple family offices, says it is finding an unexpectedly high interest, and take-up, from offshore firms, and among UK advisers with offshore clients.
A raft of advantages generally open to expats and the kind of jobs they do, means they are financially resilient despite the bleaker global economic outlook, it is claimed.
The UK Treasury has decided to postpone the publication of eagerly awaited draft legislation which would have established a statutory residency test.
Standard Bank has appointed Deon de Klerk to the newly created role of head of international private clients, following a restructure of its personal and business banking international division.
Investec Asset Management has unveiled an Emerging Markets Multi-Asset Fund in its Luxembourg-domiciled GSF product range.
International advisory company, AES International, has been ranked 11th in the Sunday Times Fast Track 100 list of the fastest growing UK companies.
