United Kingdom | 31 Mar 14
fca faces heavy criticism over inquiry
The board of the FCA has said it will look into how the UK regulator handled plans to investigate the treatment of long standing customers of life insurance companies, following resignation calls for its chief executive over the incident.
rdr effect continued to knock offshore
Changes to the way offshore bonds are sold in the UK, brought about by the Retail Distribution Review (RDR), weighed on offshore bond sales last year, as they declined for the third year in a row.
luxembourg signs fatca agreement
Luxembourg has signed a FATCA agreement with the US, becoming the latest country to put in place legislation to manage the punitive tax rules.
temasek sets up london office
Singapore-based investment company Temasek has set up an office in London to support its investment interests in Europe, Middle East, and Africa.
Amundi buys KAF funds fixed income business
Amundi has acquired the fixed income business of Malaysia-based KAF Fund Management.
