Jersey Parliament expected to give final approval to draft depositor compensation scheme next month
The Jersey States Assembly is expected to give final approval to a draft depositor compensation scheme on 20 October.
News
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DIFC licence for Mena absolute return house
Gulfmena Alternative Investments, a Middle East North Africa region absolute return fund house, has received an asset management licence from the Dubai International Financial Centre (DIFC).
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UK residential property Sicav goes on the market
Garratt Property Group is boldly targeting an aggregate return over five years of 70% to 100% with its first Sicav, Residential Property Fund.
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Make advice tax deductible to boost take-up, Australian government told
Fees paid for financial advice should be fully tax-deductible in order to encourage more people to consult professional advisers when arranging their financial affairs, an association representing the
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Standard Chartered launches private banking services for HNWIs in Taiwan
Standard Chartered has begun offering private banking services in Taiwan to high net worth individuals with investable assets of more than $1m.
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VAM Funds ramps up distribution strategy
VAM Funds has ramped up its distribution capabilities, creating a new director of sales role and appointing a Far East-based distribution partner.
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Jersey rejects claims it will seek UK bailout to plug deficit
Jersey has denied it is suffering similar financial problems to the Cayman Islands, which has had a request to increase borrowing denied by the UK government.
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Sweden critical of proposed EU regs on alternative funds as Myners meets with lawmakers in Brussels
British and American critics of the European Commissions draft directive aimed at regulating alternative investment funds gained an important and not-unexpected ally, after Swedish policymakers reco
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Expat parents think their children gain from living abroad: NatWest International study
Children whose parents take them abroad to live are typically reluctant, at first, to leave their friends and the security of their home culture and language. But data compiled as part of a larger rep
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Abbey Intl boosts sterling rates for account holders
Abbey International (AI) has boosted the interest rates it pays to sterling customers of its so-called Gold current accounts.
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Switzerland agrees to exchange tax data with UK
Switzerland has agreed a tax information protocol with the UK, as it moves to reinvent itself ahead of the next G20 symposium in a little over two week’s time.
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Guernsey Finances Niven speaks out on his Resolution, F&C directorships
Guernsey Finance chief executive Peter Niven told International Adviser on Friday that he did not see a conflict in his role as a non-executive director of Guernsey-domiciled Resolution the company