All articles by Verdict Staff

Verdict Staff

British Virgin Islands signs FATCA pact with US

The British Virgin Islands has officially signed an intergovernmental agreement with the United States for the implementation of the Foreign Account Tax Compliance Act (FATCA).

China grants CNY80 billion RQFII quota to Germany

China has granted a CNY80 billion ($12.9 billion) quota to Germany under the Renminbi Qualified Foreign Institutional Investor (RQFII) program.

South Korea mulls establishing offshore RMB trading center

South Korea is reportedly planning to establish offshore RMB trading center as renminbi has become the second most popular foreign deposit besides the US dollar in the country.

Wealth manager Miller Russell Associates names new client advisor

Miller Russell Associates, a US-based wealth management and registered investment advisory firm, has named Bessie Seeley as new client advisor.

EBA proposes potential regulatory regime for virtual currencies

The European Banking Authority (EBA) published an Opinion addressed to the EU Council, European Commission and European Parliament setting out the requirements that would be needed to regulate ‘virtual currencies’.

Towry launches new office in Cardiff

Towry, a UK-based wealth adviser, has opened a new office in Cardiff, as part of its strategy to strengthen footprint in the country.

Natixis Global Asset Management unveils new equity fund

Natixis Global Asset Management has unveiled a new global concentrated equity fund that focuses on long-term value.

SFC revokes licence of yip wan fung and bans her for life

The Securities and Futures Commission (SFC) has revoked the licence of Ms Yip Wan Fung and prohibited her from re-entering the industry for life.

Barclays and MSCI to offer Green Bond Index as part of ESG Fixed Income Index Family

Barclays and MSCI, a provider of investment decision support tools worldwide, have announced an agreement to launch a new Green Bond Index, expanding on their Environmental, Social and Governance (ESG) fixed income benchmark index family launched in June 2013.

Standard Chartered Saadiq launches first Islamic banking centre in UAE

Standard Chartered Saadiq, the Islamic banking division of Standard Chartered Bank, has opened its first dedicated Islamic banking centre at the Al Khalidiya Branch in Abu Dhabi, UAE.