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Index-Tracking ETFs Grow In Appeal For Singapore Investors

Index-Tracking ETFs Grow In Appeal For Singapore Investors

January 30, 2014 4:16 pm

Index-tracking ETFs grow in appeal for Singapore investors Moving forward, some financial analysts expect the local exchange-traded funds market to expand as investors shift their asset location to favor equities over bonds. SINGAPORE: Singapore investors are moving away from gold ETFs (exchange –traded funds) to having their bet placements on ETFs that track equity indices. […]

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US IRS Confirms That Cyprus Resident Holding Companies May Qualify For The Reduced Tax Rate On Dividends From Qualified Foreign Corporations 1

Dubai Regulator Strengthens Links With Hong Kong

January 30, 2014 5:44 am

For purposes of strengthening relations in financial services between Hong Kong and Asia, Mr. Saeb Eigner, the chairman of the Dubai Financial Services Authority (DFSA), delivered an address in Hong Kong on the opening morning of the 7th Asian Financial Forum. The DFSA announced that 2,400 delegates from Asia, Europe and America attended the forum […]

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US IRS Confirms That Cyprus Resident Holding Companies May Qualify For The Reduced Tax Rate On Dividends From Qualified Foreign Corporations 2

US IRS Confirms That Cyprus Resident Holding Companies May Qualify For The Reduced Tax Rate On Dividends From Qualified Foreign Corporations

January 30, 2014 5:44 am

The office of Associate Chief Counsel of the US Internal Revenue Service announced in September 2013 that a Cyprus resident holding company has the necessary qualification for benefits under the US –Cyprus double tax treaty (Treaty) and reduced tax rate on dividends from “ qualified foreign corporations” , despite the company not meeting the set […]

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UAE Sets Rules To Develop Covered Bonds Market

UAE Sets Rules To Develop Covered Bonds Market

January 28, 2014 9:07 am

The UAE (United Arab Emirates) issued rules for the issuance and trading of covered bonds, potentially a key step towards developing its debt market and providing a new source of funding for commercial banks. The state news agency WAM on Sunday reported that the Securities and Commodities Authority, the UAE’s financial market regulator, set requirements […]

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