Brussels

Investment Association to open Brussels office

The Investment Association (IA), the trade body for the UK’s fund industry, is set to launch a new office in…

Schroders appoints deputy head of public policy

British fund manager Schroders has hired Elisabeth Ottawa as its new deputy head of public policy. Ottawa will take up…

Lombard International Assurance to open branch office in Belgium

Lombard International Assurance, a provider of wealth structuring solutions, is planning to open a branch office in Belgium in the…

Finvex Group buys alternative UCITS funds data provider LuxHedge

Finvex Group, a Brussels-based financial consulting firm, has purchased a 100% stake in LuxHedge, a Luxembourg-based alternative UCITS funds data…

European Commission adopts detailed rules on contributions of banks to resolution funds

The European Commission has adopted a delegated act and a draft proposal for a Council implementing act to calculate the…

Council confirms agreement with EP on transparency rules for investment products

The Permanent Representatives Committee today approved, on behalf of the Council, an agreement reached with the European Parliament on a…

Cross-border funds automation volume rises in H1

Overall volume of processed orders of cross-border funds grew by 15% to 14.3 million in the first half of 2013,…

KNEIP moves to new offices in Brussels

KNEIP, a Luxembourg-based service provider to the fund management industry for the production and disclosure of legal, regulatory and contractual…

New York Life Investments to buy Dexia Asset Management for €380 million

New York Life Investments has agreed to acquire Dexia Asset Management for €380 million (US$512 million), less than a week…

Libor to stay under London’s control: report

Libor control may remain with London as Brussels has rejected its plan to put the scandal-mired Libor lending rate under…

Osborne Clarke opens in Brussels

Law firm Osborne Clarke has expanded its international organization, with a ten-strong team opening an office in Brussels.With the addition…

Arendt & Medernach to close Brussels office

Luxembourg-based law firm Arendt & Medernach is planning to shut its office in Brussels, Belgium, according to a report by…

European Union summit produces fiscal plan, Britain isolated

Initially, nine European states - Bulgaria, Czech Republic, Denmark, Hungary, Latvia, Lithuania, Poland, Romania UK, and Sweden - opted not…

EU pressures Singapore to ease bank secrecy laws

Singapore may bow to European demands to ease its strict bank secrecy laws, a major driver behind the city-state’s rapid…

Blow for havens as EU moves to strengthen savings tax rules

In a further move against Europe’s embattled tax havens, European Union finance ministers have given the green light to a…

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