Transparency and substance is the new staple for a modern and successful IFC, while continuous subscription to the highest money laundering and terrorism financing standards a given.
Anthony Egerton, Principal Officer of Huntington Underwriting Limited shares the ins and outs of captive insurance and how corporates could benefit from it.
The Labuan Business Activity Tax (Amendment) Act 2017 (LBATA) will soon entail the publication of AEOI regulations for Labuan entities paying taxes under the LBATA, similar to the AEOI regulations published on 23 December 2016 for taxpayers paying taxes under the Income Tax Act
The director-general of Labuan Financial Services Authority, Ahmad Hizzad Baharuddin, spoke to AsianInvestor about the changing environment for tax transparency.
The overall growth of global private wealth picked up momentum in 2016, allowing for a good deal of regional variation. Asia Pacific was nonetheless the most robust region, achieving an increase that was just shy of double digits.