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AML ‘loopholes’ to be closed in British Columbia: BC attorney-general

By: Helen Burggraf | 20 Feb 2018

A top lawmaker in the Canadian province of British Columbia says the government will bring in new, concrete measures to “close loopholes” that a major Canadian newspaper has…

New Zealand raising bar to foreign property owners, with tax on gains

By: Helen Burggraf | 19 Feb 2018

New Zealand lawmakers are introducing a disincentive to foreigners seeking to buy New Zealand residential property as an investment, by raising the threshold at which tax will…

Millions of Canadians have pension money offshore — without knowing it: report

By: Gary Robinson | 21 Dec 2017

Millions of Canadians have had their pension pots allocated into offshore funds — without being properly informed about it according to report released yesterday. Canadian news organisation CBC conducted…

UK tax lobbying group dismisses EU blacklist as ‘politically led’ charade

By: Eugene Costello | 05 Dec 2017

The publication of the European Council’s so-called tax haven blacklist served to show a “lack of effective action being taken” by the European Union on widespread tax…

Relief for Crown Dependencies and BOTs as EU blacklist fears prove unfounded

By: Eugene Costello | 05 Dec 2017

The long-awaited European Council’s Code of Conduct (COC) was published today, with relief for UK Crown Dependencies and British Overseas Territories (BOTs) who do no feature on…

Manulife names Khoo Kah Siang to head up Singapore outpost

By: Helen Burggraf | 20 Nov 2017

Manulife, the Canadian insurance and financial services giant with a significant presence in Asia, has named Khoo Kah Siang to head up its Singapore operations as chief executive officer.…

Canada’s Trudeau takes heat on proposed small biz tax concessions

By: Eugene Costello | 18 Oct 2017

Canadian prime minister Justin Trudeau and his finance minister Bill Morneau have  sought this week to placate criticism of the government’s controversial tax reform proposals, pledging, among…

Manulife enters Chilean market with range of UCITS sub-funds

By: Helen Burggraf | 09 Oct 2017

Manulife Asset Management, the global asset management arm of the Toronto-based Manulife group, has announced that a selection of its funds are now being made available to…

Neuberger Berman acquires Toronto’s Breton Hill Capital

By: Helen Burggraf | 25 Sep 2017

Neuberger Berman, the New York City-based asset manager, has acquired Breton Hill Capital, a Toronto-based investment manager with approximately US$2bn in assets under management. Details of the deal,…

Canaccord completes acquisition of Hargreave Hale

By: Ridhima Sharma | 19 Sep 2017

Canaccord Genuity, the listed, Toronto-based financial services group, said it has now completed its previously-announced acquisition of UK-based Hargreave Hale.  The deal sees Canaccord Genuity Wealth Management…

‘Drop in confidence’ cited as latest GFCI ranking published

By: Helen Burggraf | 11 Sep 2017

There has been an “overall drop in confidence” among the world’s top financial centres over the past six months, although in terms of points, Brexit-battered London only…

PEOPLE MOVES: Santander Asset Management, Tilney Group, Sun Life

By: International Investment Staff | 11 Sep 2017

Santander Asset Management Santander Asset Management, the asset management arm of the Spanish Santander banking group, has named Cipriano Sancho to its Madrid-based fund selection team, as…

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