Tag: Hong Kong
-
Who Are Wall Street’s Biggest ‘Carbon Offenders’?
Analysis: Top 10 Mutual Fund, ETF Managers All Have Above-Average Carbon Footprints New Web Tool Shows Unexpectedly High Carbon Exposure of Funds As You Sow, YourSRI.com team up to carbon footprint $11 trillion in funds utilizing data from South Pole Group and exposing carbon risk – available now at fossilfreefunds.org OAKLAND, CA, ZURICH & VADUZ,…
-
Sun Life Financial to acquire pension business of FWD Hong Kong
Will strengthen Sun Life Financials’ position in the Hong Kong pension market TORONTO, Aug. 5, 2016 /PRNewswire/ – Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that Sun Life Hong Kong Limited (“Sun Life HK”) will acquire the pension business of FWD Life Insurance Company (Bermuda) Limited (“FWD”), consisting of Mandatory Provident Fund…
-
It’s about to become much easier to open a bank account in Hong Kong
It all started with 9/11. After the twin towers fell in 2001, the US government sprang into action to wage the global war on terrorism. Within days following the attack, Congress pushed through the USA PATRIOT Act, providing unprecedented authority to the US federal government. The legislation also gave several government agencies sweeping powers over…
-
China HNWI invest offshore into USA
Chinese High Net Worth Individuals (China HNWI) living in the PRC and wanting to invest offshore in income producing property in the USA (e.g. office building, shopping mall, apartment complex), can’t find a better opportunity. China HNWI investment money is transferred as a contribution to his Hong Kong (HK) pension via the Shanghai through train…
-
Foreign life insurance for residents of the People’s Republic of China
There is only one protected foreign life insurance policy ownership solution possible for residents of the People’s Republic of China (PRC) because it is Hong Kong government regulated, registered and recognized by the PRC. Tax and regulatory protection you can trust is registered in pension laws which are government regulated, registered and recognized by The…
-
The case for offshore
Eye-popping revelations in the Panama Papers have fanned concerns that the so-called “tax havens” lie at the centre of a giant web of criminal conduct. Some, including UK Leader of the Opposition Jeremy Corbyn, have demanded that these offshore centres be “shut down”, and so disconnected from the global grid. The uproar invites examination of…
-
Seraph Summit to Present the Panama Papers Antidote
IRS Compliant “On the Grid” Offshore Asset Protection Structures Presented at the Seraph Summit The massive leak of documents from a secretive Panamanian law firm… it’s the world’s fourth biggest offshore law firm, Mossack Fonseca, contain details of various world leaders’ offshore companies – over 70 current and former world leaders in fact! This includes…
-
Planning on Hiding Behind Banking Secrecy?
Things have changed that make citizens of the People’s Republic of China (PRC), and all “high net worth individuals” (HNWI) a target now. Hiding assets PRC style (off the grid) and pretending someone else called ”Aunty”, a business, trust or nominee account owns them puts you at criminal risk needlessly. ORSO402(b) legal non-disclosure programming has…
-
Canada Pension Plan to Invest Offshore
Canada Pension Plan Investment Board Invests EUR480 Million in the Mandatory Exchangeable Facility of LeasePlan TORONTO, ONTARIO–(Marketwired – March 30, 2016) – Canada Pension Plan Investment Board (CPPIB) announced today that its wholly owned subsidiary, CPPIB Credit Investments Inc., has completed the funding of EUR480 million in the Mandatory Exchangeable Facility of LeasePlan. This investment…