Beijing for Hong Kong IFC

Leaders affirm the central government has been attaching great importance to and supporting the financial development of Hong Kong. They pledged that the central government will actively take measures that would be favorable for the development of Hong Kong’s financial industry, the consolidation of Hong Kong’s status as an international financial center and the cooperation … Read more

Qatar Regulatory Authority Signs MOU with Jersey FSC

The Qatar Regulatory Authority announced today that the Regulatory Authority has entered into a Memorandum of Understanding (“MoU”) with the Jersey Financial Services Commission (“JFSC”). The MoU formalises arrangements for cooperation and information sharing between the two regulators. The Qatar Financial Centre Authority (QFC Authority) is a business and financial centre located in Doha, providing … Read more

Retirement Planning for Expatriots

Financially, expatriates could be said to be in a more privileged position than most – if a company chooses to send an employee overseas, it will usually give higher wages, expenses, and other perks. Expatriates can also find themselves with greater freedom when it comes to making investment decisions, as they are not usually restricted … Read more

Malta FSA Guidelines to Convert Share Capital into Euro

The Malta FSA (Financial Services Authority) publishes guidelines for companies on how to convert share capital from Malta Lira into Euro when the latter becomes the sole legal tender in Malta. The conversion exercise is applicable to all limited liability companies as well as the en commandite partnerships, while companies listed on the stock exchange … Read more

Chinese Renminbi futures contract

CME Expands Global FX Product Line With New Chinese Renminbi Futures Contracts – Exchange Strengthens Asia Presence with New Office in Hong Kong HONG KONG and CHICAGO, June 20 /PRNewswire-FirstCall/ — CME, the world’s largest and most diverse financial exchange and the largest regulated marketplace for foreign exchange (FX) trading announced today that it plans … Read more

Offshore Investing Benefits

Throughout history, those with substantial assets have often been faced with outside forces intent on the erosion of those assets. Often, these attacks have come from within one’s home country. Unfortunately, the lessons of the past are often not taken into account when planning for the realities of the future. Because of unforeseen risks, many … Read more

Mellon Global Investments Japan Launches $3.0 Billion Fund

PITTSBURGH — Mellon Global Investments, the international distribution subsidiary of Mellon Financial Corporation has announced the launch of the Nikko Mellon GW Select Best Nine Fund* managed by its Japanese business, Mellon Global Investments Japan, and distributed in Japan by Nikko Cordial Securities Inc. This new launch is the largest fund launch Mellon has ever … Read more