uk treasury delays residency test legislation
The UK Treasury has decided to postpone the publication of eagerly awaited draft legislation which would have established a statutory residency test.
News
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standard bank appoints head of ipc
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.
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investec unveils em mult asset fund
Investec Asset Management has unveiled an Emerging Markets Multi-Asset Fund in its Luxembourg-domiciled GSF product range.
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aes intl 11th fastest growing uk company
International advisory company, AES International, has been ranked 11th in the Sunday Times Fast Track 100 list of the fastest growing UK companies.
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axa im relaunches indian jv
Axa Investment Managers is to change the partner it uses for a joint venture in Asia and team up with Bank of India for its asset management business in the region.
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citibank and prudential lead firms fined by mas
The Monetary Authority of Singapore has taken regulatory action against 15 financial institutions, including Prudential Singapore and Citibank which both received significant fines.
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adviser slams fsas decision over tlps
In an open letter to Hector Sants Neil Shillito attacks the City watchdog over its treatment of life settlement plans and the organisations decision to publically announce an intention to ban the products sale to retail investors.
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concerns voiced about low morale at uk tax office
Concerns are being raised about low staff morale at the UKs tax department affecting the level of service taxpayers receive.
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aviva pulls out of middle east
Aviva is to pull out of the Middle East and has written to regional and international IFAs informing them of its decision to terminate its business partnership with a Dubai-based insurer.
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american expats in canada may get reprieve
Americans living in Canada who owe back taxes to the US may be about to get a break from the Internal Revenue Service, the Toronto Globe and Mail is reporting, citing as its source the US ambassador to Canada.
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hsbc bank international rebrands
HSBC Bank International has today been renamed as HSBC Expat.
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expats earning more despite tough outlook survey
Expat wealth remains robust despite the tough global economic conditions and political unrest experienced in some regions in 2011, a survey of hundreds of countries has found.