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New register to require public disclosure of identity of ‘ultimate owners’ of UK properties

By: Helen Burggraf | 19 Jan 2018

The UK this week has unveiled details of a new public register that, beginning in 2021, will require overseas companies that own or buy property in the…

FCA strikes back against MP’s claims of ‘sleepwalking into a mis-selling scandal’

By: Eugene Costello | 19 Jan 2018

The UK regulator fought back hard this week against a suggestion by the chair of the Committee for Works and Pensions that it was was “grossly inadequate”…

New StanChart entity to invest in fintech, ‘promote innovation’

By: Helen Burggraf | 19 Jan 2018

Standard Chartered, the London-headquartered and listed banking group with a major presence in Asia, has established a new business unit that it says will promote innovation and…

FSCS: levy on UK financial, pensions advisers to rise again; SIPP claims cited

By: Helen Burggraf | 19 Jan 2018

The UK’s Financial Services Compensation Scheme said today that it plans to increase the amount it levies on UK financial services businesses by 5%, even though the…

People Moves: PineBridge Investments; Withers LLP; Premier Assurance Group; Carey Olsen

By: International Investment Staff | 18 Jan 2018

Pine Bridge Investments  PineBridge Investments, the US$88.6bn, New York-based asset management division of Hong Kong’s Pacific Capital Group, has named Petra Lugones Targarona, pictured left,  to head…

HMRC’s annual list of best excuses for not filing on time: ‘aliens, vertigo, Glasgow nightclub’

By: Helen Burggraf | 18 Jan 2018

Over at HM Revenue & Customs, you’d think they’d have heard every conceivable excuse for why people said they missed the 31 January Self Assessment deadline for…

Lloyd’s of London cautions sector to prepare for cyberattacks

By: Christopher Copper-Ind | 18 Jan 2018

Lloyd’s of London chief executive Inga Beale has said that the financial sector is inadequately prepared to defend itself against cyberattacks. Speaking at the Asian Financial Forum…

MitonOptimal acquires investment advisory business

By: Gary Robinson | 18 Jan 2018

MitonOptimal has announced that it has agreed the acquisition of Central Investment Planning (CIP) in order to enhance its investment capabilities. The specialist global multi-asset management company,…

House of Lords rejects public beneficial ownership registers for six overseas territories

By: Helen Burggraf | 18 Jan 2018

The UK’s House of Lords yesterday voted down a proposal that would have called for six overseas territories to implement a publicly-accessible register of beneficial ownership by…

Franklin Templeton Investments to acquire Edinburgh Partners

By: Adrien Paredes-Vanheule | 18 Jan 2018

Franklin Templeton Investments, the the San Mateo, California-based, New York-listed global asset manager, has agreed a deal to acquire Edinburgh Partners, a Scottish boutique asset manager founded in…

Thailand unveils ‘Smart Visa’ to attract skilled expats

By: Helen Burggraf | 17 Jan 2018

At a time when a number of G20 countries have recently been tightening up on their visa programmes and other avenues used by foreigners seeking to work…

Momentum Wealth Int’l platform adds 35 new funds to Select range

By: Gary Robinson | 17 Jan 2018

Momentum Wealth International has introduced an updated Select Fund range for the first quarter of 2018, with 35 new funds added and 21 funds removed from the platform…

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