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Old Mutual says it’s considering a ‘small IPO’ for OMW

By: Helen Burggraf | 25 May 2017

Old Mutual, the British-South African financial services group that owns Old Mutual Wealth, said today it is considering “the possibility of a small initial public offering” for…

Isle of Man unveils ‘guidance note’ on collective investment scheme governance

By: Helen Burggraf | 23 May 2017

The Isle of Man Financial Services Authority has unveiled what it is calling a “Draft Guidance Note” on how collective investment schemes should best be regulated in the…

Hansard: holding its own in challenging industry during turbulent times

By: Gary Robinson | 23 May 2017

Surviving the past 30 years in global financial services is an achievement that has eluded many big name banks and financial services firms, particularly after the financial…

PEOPLE MOVES: RL360°, Franklin Templeton, Generali

By: Gary Robinson | 22 May 2017

RL360° Steve Noon has joined RL360°’s Dubai office as regional sales manager, succeeding James Parsons, who recently moved to Ardan International – the Isle of Man-based international…

IASB publishes long-awaited insurance accounting standard

By: Helen Burggraf | 18 May 2017

The International Accounting Standards Board has today published what one accounting industry expert is calling a “once-in-a-lifetime regulatory change”, and the IASB says is the world’s “first…

Fresh blow hits UAE insurance providers, as Central Bank cracks down

By: Helen Burggraf | 18 May 2017

As the UAE insurance industry was still coming to terms with a package of regulations contained in a recently-published UAE Insurance Authority circular,  it has now been…

Simon Willoughby leaving Utmost Wealth, in wake of ‘restructure’

By: Helen Burggraf | 17 May 2017

Simon Willoughby, head of proposition at Utmost Wealth Solutions, the Isle of Man-based insurance-based investment product provider that was created out of AXA Isle of Man, is…

New insurance regs in Qatar: Clyde & Co’s take

By: Roger Phillips, Clyde Co Legal Director | 17 May 2017

The United Arab Emirates isn’t the only Gulf country in which insurance company executives are agonising over the exact meaning of new regulations affecting their industry. A…

AXA reveals plans to list US business

By: Helen Burggraf | 10 May 2017

AXA, the Paris-based, CAC-40 insurance giant, said today that it plans to list its sizeable US life insurance operations, which include its 64% stake in the AllianceBernstein asset management…

Zurich in 10-year ‘exclusive’ UAE deal with StanChartered

By: Helen Burggraf | 09 May 2017

The Zurich arm of the Swiss Zurich insurance group has agreed a 10 year “exclusive’ deal with the Standard Chartered banking group to provide Standard Chartered’s United…

European distributors to reduce fund choice due to MiFID II: report

By: Gary Robinson | 09 May 2017

The European fund landscape is set to change forever, with a narrowing of investment choices and a lack of fresh launches in the future, set to reduce the options further, following the introduction of…

IoM publishes final draft of ‘Roadmap’; calls for comments

By: Helen Burggraf | 08 May 2017

The Isle of Man Financial Services Authority has at last published its long-awaited, final draft insurance industry “Roadmap”  for updating the Isle of Man’s regulatory framework for…

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