News 17 Nov 17
Mauritius acquisition boosts Sanlam’s pan-Africa strategy
South African financial services group Sanlam is focusing on Mauritius offshore services as part of its pan-African growth strategy.
Analysis 27 Oct 17
Analysis: South Africa’s commission conundrum continues
Upfront commission remains a burning issue in South Africa, as the nation’s financial advice sector awaits the regulator’s next move following the signing of the ‘Twin Peaks’ legislation into law.
News 26 Oct 17
Trust acquisition adds Asia presence to $95bn offshore specialist
Bermuda-based Bank of N.T. Butterfield & Son will establish an Asia presence following its acquisition of Deutsche Bank’s Global Trust Solutions (GTS) business.
Gallery 20 Oct 17
Guernsey waives promoter licences for over 100 territories
Investment promoters from a host of countries and territories will no longer have to obtain a licence from the Guernsey Financial Services Commission (GFSC) if their main place of business is in one of more than 100 jurisdictions.
News 16 Oct 17
South Africa’s Sanlam Life buys Barclays-owned consulting arm
South Africa-headquartered Sanlam Life Insurance has agreed to buy Barclays Bank owned subsidiary Absa Consultants and Actuaries (ACA) for R285m (£16.1m, $21.4m).
News 4 Oct 17
DeVere expands fintech offering with investment app
Clients will be able to buy structured notes, ETFs and mutual funds via an execution-only investment app launched by deVere Group on Wednesday.
News 31 Aug 17
Issuing tax laws by press release perilous for South Africa
Introducing tax legislation by press release and putting changes into place with immediate effect puts South African taxpayers in an “impossible position”, a tax expert has warned.