Cyberport and Hong Kong Monetary Authority lead Hong Kong’s largest FinTech Delegation to London

19 Sep
Hong Kong Monetary Authority - Tech, Processor, Computers, Motherboard, Technology

HONG KONG, Sept. 20, 2017 /PRNewswire/ — Hong Kong Cyberport (Cyberport) and the Hong Kong Monetary Authority (HKMA) bring the largest FinTech delegation to London from 19 to 21 September to expand partnership network for FinTech industry players between the two cities. This is part of the annual ICT delegation co-organised by Cyberport and the Hong Kong Information Technology […]

Safe Harbor and CanPay Launch Statewide Cannabis Banking in Hawaii

13 Sep
Cannabis Banking in Hawaii

In an Unprecedented Move, Banking Partners and Regulators Come Together to Provide Access to Financial Services for Cannabis Businesses LITTLETON, Colo., Sept. 13, 2017 /PRNewswire/ — CanPay, the first legitimate debit payment solution for the cannabis industry, and Safe Harbor Private Banking, the leading compliant banking program for cannabis businesses, today announced banking services and cashless payments are available […]

Global Currency Exchange Software Market

11 Sep
global currency exchange software

NEW YORK, Sept. 11, 2017 /PRNewswire/ — About Currency Exchange Software Currency exchange software is a solution used to exchange currencies and sell and buy e-currencies. It manages every step from sign up to automatic pay-out. The software facilitates the purchase and sale of foreign currency. The software has highly-customizable features and compliance functionality. It features a […]

Asian outbound investment into global real estate continues to grow

05 Sep
Global real estate

Asian Investors Continue to Favor Big Ticket Deals and Diverse Geographic Mix When Deploying Capital into Global Real Estate London, New York, Hong Kong the Leading Global Destinations for Asian Investors Global real estate continues to serve as an attractive asset class for investors, with Asian outbound investment into the sector posting significant year-on-year gains […]

New OECD report rates Cayman Islands as ‘largely compliant’ on tax information exchange

25 Aug
Tax information exchange

GEORGE TOWN, Cayman Islands — A new peer review report by the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has rated the Cayman Islands as “largely compliant” with the international standard (tax information exchange) – the same rating as Canada, Germany and Australia. “By rating the Cayman Islands as ‘largely […]

Global Wealth Migration Review 2016-2026

17 Aug
Global Wealth Migration Review -Dublin Puente Samuel

Top 30 Countries & Top 25 Cities by HNWI Net Inflows/Outflows DUBLIN, August 17, 2017 /PRNewswire/ — The “The 2017 Global Wealth Migration Review” report has been added to Research and Markets’ offering. Scope Wealth migration trends over the past year (2016). Top 30 countries by HNWI net inflows/outflows in 2016. Top 25 cities by HNWI net inflows/outflows in 2016. Future wealth […]

Internet Banks vs Brick & Mortar

08 Aug
Internet Banks vs Brick & Mortar

New Study Finds Online Banks Offer Savings Yields Four Times Higher than Traditional Banks & Credit Unions For those looking to earn more interest on savings accounts, internet banks are increasing APYs at a faster rate than traditional counterparts CHARLOTTE, N.C., Aug. 8, 2017 /PRNewswire/ — A new study by DepositAccounts.com, now part of LendingTree®, […]

IMF Executive Board Completes Second Review of Iraq’s Stand-By Arrangement and the 2017 Article IV Consultation

02 Aug
Fifty Dinars - Iraq and the IMF

The authorities are appropriately maintaining the peg of the Iraqi dinar to the U.S. dollar, which provides a key anchor to the economy. Measures to prevent money-laundering, counter the financing of terrorism, and strengthen the anti-corruption legislation need to be implemented. The authorities are implementing a sizable fiscal adjustment, mostly through retrenchment of inefficient capital […]

Canada Overseas Retirement Plan and Hong Kong Pension Law

31 Jul
Hong Kong pension law

A specific type of Hong Kong pension law framework, when structured compliantly, can produce a cross-border financial structure that is government regulated, registered and recognized to reduce the cost of tax for cross-border investment into and out of Canada. A Hong Kong ORSO is after tax contribution with the idea that withdrawals after age 55 […]

The Netherlands is world’s biggest conduit to offshore tax havens

27 Jul
Offshore Tax Havens

‘Only five big countries act as conduit-OFCs,’ the researchers from Corpnet said in a new report. ‘Together these five conduits channel 47% of corporate offshore investment from tax havens, according to the data we analysed.’ The two biggest conduits by far are the Netherlands (23%) and the United Kingdom (14%), followed by Switzerland (6%), Singapore […]

2017 CGAP Photo Contest Seeks Entries on Financial Inclusion, Microfinance, Digital Finance

24 Jul
Digital Finance

WASHINGTON, D.C., July 25, 2017: Help capture and share the impact of financial inclusion around the world by submitting photos to the 2017 CGAP Photo Contest, now open for entries. Financial services play an important role in helping reduce extreme poverty and increase prosperity, yet two billion people remain financially excluded. They lack access to […]