Search Results for: assets
U.K. Regulator ‘Comfortable’ With Fund Managers Earning Millions
August 20th, 2014
Fund managers are entitled to be paid millions of pounds if they’re delivering high returns for investors, the U.K. markets regulator said, the first sign it won’t seek to impose wage caps on the industry. Regulators around the world ...
New criminal offence proposed to catch tax evaders
August 19th, 2014
People who fail to declare offshore tax liabilities could face prosecution under proposed new laws published for consultation today. HM Revenue & Customs has urged wealthy individuals to come forward and pay what they owe in advance of the ...
Finanstilsynet warns against unauthorised firm
August 18th, 2014
MFSA issued a press release informing that Finanstilsynet (The Financial Supervisory Authority of Norway) warns against investment offers promoted by Benison Asset Management. Finanstilsynet has been informed that Benison Asset Management (address: Minatomirai Center Building 15F, 3-6-1, Nishi-ku, Yokohama, ...
Restriction of Liechtenstein route for tax disclosure
August 18th, 2014
The UK Government has acted to restrict the situations where taxpayers can use a government agreement with Liechtenstein to get a more generous settlement from HMRC. A joint decision between HMRC and the Government of Liechtenstein has resulted in ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
More companies subject to U.S. sanctions due to new rule
August 14th, 2014
Owners of companies sanctioned by the U.S. government could find themselves blacklisted because of a change of a rule announced by the Treasury, which has the power to apply and enforce U.S. sanctions. According to the new rule, if ...
New Tax Threatens to Destroy Gas Production in Ukraine
August 13th, 2014
Independent gas producers in Ukraine are joining forces to pressure the government in Kiev to re-think its new gas tax before everyone makes a run for the border in search of new assets in a more stable environment. Private ...
Gold Remains Close to $1310 as Geopolitical Concerns Weigh
August 13th, 2014
Gold ended modestly higher on Tuesday, supported after two days of declines by signs that the stand-off between Russia and Ukraine was hurting economic confidence in the euro zone economy. Analyst and investor morale in Germany, Europe’s largest economy, ...
Asian shares sluggish, Ukraine anxiety fans growth worries
August 13th, 2014
Asian shares were tentative on Wednesday, and copper prices slipped to six-week lows on worries about global growth, as investors remained cautious as the crisis in Ukraine threatened a fragile economic recovery in Europe. Adding to the fragile mood, ...
SEC to examine alternative funds
August 13th, 2014
The U.S. Securities and Commission (SEC) is examining alternative mutual funds that use strategies from hedge funds. The funds are popular to both investment advisers and the public. Net new inflows to alternative funds were $27.8 billion the first ...
