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Although the budget statement contained a variety of measures referring to work being carried out to bolster wealth management, for example, one eye-catching feature was a new top tax rate. Hong Kong’s
China’s securities regulator said on Wednesday it will tighten scrutiny of derivative businesses in the stock market, and announced punishment of a hedge fund company for excessive, high-frequency
The UK’s non-domiciled tax status faces scrutiny as Chancellor Hunt considers its abolition. Discover the controversies, financial implications, and potential outcomes of this policy debate. The
Bitcoin is once again on the ascendency, rising more than 20 per cent over the last week to take it close to its all-time high. Reaching above $63,000 on Thursday, the world’s leading cryptocurrency
With an investment of $65 million, the Development Bank of Latin America and the Caribbean (CAF) together with the Development Finance Institution of Canada (FinDev Canada) and IDB Invest will promote
In 2024, the Intergovernmental Fintech Working Group, a consortium of South African regulators that unveiled a position paper on crypto assets in 2021, is expected to “publish additions to include
An international watchdog said Friday that it was removing the United Arab Emirates from its so-called gray list of countries that don’t take full measures to combat money laundering and terrorism
Nvidia’s blockbuster earnings report last week has been followed by big outflows from the tech sector among hedge funds as they look to take some chips off the table after piling in ahead of the
In a world where the economy’s color is increasingly turning green, a recent seminar in Luxembourg has brought to light a burgeoning partnership that could redefine the global financial landscape.
The Hong Kong Monetary Authority (HKMA) is preparing a transition finance framework to classify whether activities can help carbon-intensive firms reach net-zero emissions, to support the development