Middle East | 5 Jun 13
morocco faces msci downgrade as uae
MSCI is preparing to announce the results of its annual classification review next week which will reveal whether the United Arab Emirates and Qatar will finally be upgraded to emerging market status.
sesame could have presided keydata
The FCA has fined UK-based advisory network Sesame more than £6m for failings related to Keydata life settlements products and for systems and controls weaknesses which could have allowed similar mis-selling scandals to occur.
North America | 5 Jun 13
irs targeted americans living overseas
A Geneva-based group representing Americans living abroad has taken advantage of a US congressional investigation into the Internal Revenue Service to explain how the IRS has taken to targeting Americans living overseas.
canada life cuts onshore bond charge by half
Canada Life is reducing the establishment charge on its Flexible Investment Bond by 50% until September 6 this year.
fca reveals details of Ucis marketing ban
Enterprise investment schemes, venture capital trusts and ETFs are among the fund structures exempt from the Financial Conduct Authority's ban on the marketing of Unregulated Collective Investment Schemes (Ucis) to retail investors, much to the relief of industry experts.