Investec Asset Management believes this year's BRICS Summit recently held in South Africa was more about communication between the five countries rather than coordination which is a concept still in its infancy.

Pension payments into Cypriot bank accounts for British expats have been suspended by the UK's Department for Work and Pensions.

Financial administration service provider, Vistra, is to open an office in San Francisco.

The Australian government has introduced legislation which will enshrine in law the terms ‘financial planner' and ‘financial adviser'.

Law firm Carey Olsen has published an explanatory brief on the implications of the draft intergovernmental agreement (IGA) Guernsey is in the process of finalising with the UK covering a tax package of three initiatives.

London & Colonial is on the brink of launching two versions of a Gibraltar-registered QROPS - a ‘lite' version alongside a full QROPS product are planned to come on stream this April.

Jersey's Financial Services Commission (JFSC) has ruled that all advisers working for Jersey businesses registered to give retail investment advice must achieve QCF Level 4 qualifications by the end of this year.

The Daniel Stewart Mercury Forex Currency Fund is set to start trading in April 2013. Aimed at expert and institutional investors, the Gibraltar-based fund has been launched in conjunction with Swiss firm, Mercury Forex.

Dubai's Financial Services Authority (DFSA) has been forced to issue another alert to both the financial services community and members of the public of an email scam distributed in its name.

The stark warning from Cyprus' outgoing finance minister that the island will run out of money come May has panicked depositors into withdrawing funds and causing the new finance minister to issue his own warning that the Cypriot banks will be at risk...