As of the end of June, banks in Hong Kong will be required to make use of a standardised Important Facts Statement (IFS) when selling investment-linked assurance scheme (ILAS) products.
A new study by the CFA Institute has highlighted the need for more coherent standards in fund performance reporting.
Following strong interest from taxpayers and tax practitioners after the closure of its 2011 and 2009 programmes, the US Internal Revenue Service has reopened the Offshore Voluntary Disclosure Program to help people with offshore accounts get current with their taxes.
Nick Good of BlackRock discusses the key regulatory reforms needed in the ETF market to enhance disclosure and transparency in a bid to improve investor understanding and the overall market landscape.
To retrieve undisclosed assets held in overseas tax havens, the Indian government is working out the details of a voluntary income disclosure scheme, according to local news reports.
The Securities and Futures Commission plans to conduct a review of key facts statements (KFS) issued by mutual funds and unit trusts which are marketed to the public.
Singapore Exchange is introducing new product disclosure templates to enhance the readability of term sheets for structured warrants, debentures and funds.
Brendan Harper of Friends Provident International explains recent developments in tax agreements between Hong Kong and the UK, and looks at the implications for individuals.
Brendan Harper of Friends Provident International looks at developments in tax transparency and information exchange agreements globally, including what this means for individuals.
Marcus Leese of Ogier explains how financial institutions in Asia can deal with the increasing scrutiny they will face on tax non-compliance of their clients as the focus of regulators’ attention shifts East.
Marcus Leese of Ogier discusses how private clients and their advisers should respond to the crackdown on tax avoidance by thorough planning and being compliant.
Edmund Leow of Baker & McKenzie.Wong & Leow explains some of the main implications of recent moves towards governments sharing more tax information about wealthy individuals.
In the final part of this product briefing, several market practitioners discuss the value and role of high yield bonds in investment portfolios – and explain the various issues and considerations for investors and advisers to ensure they make appropriate buying decisions.
In Part 2 of this three-part product briefing, several market practitioners explain the steps and players involved in the process of structuring and pricing high yield bond deals, and also look at the components of successful deals as well as what to watch out for.
