The International Financial Services Centres Authority (Ifsca) plans to set up an independent arbitration centre in GIFT City to improve the ease of doing business and strengthen dispute resolution in India’s flagship global financial services hub, according to a government official. “This is the biggest reform that Ifsca is working on and…
This week’s top headlines: Surge in switching following FCA rule change and Rayner returns to Housing Secretary role. Explore these and other major industry updates below: Surge in switching following FCA rule change: Stonebridge New FCA affordability rules are helping more borrowers switch to a new mortgage lender rather than remain with their existing provider,…
The city of Chester, on the Pennsylvania side of the Commodore Barry bridge, filed for Chapter 9 in 2022.Adobe Stock An appellate court ruled in favor of Chester, Pennsylvania last week, determining that pre-existing liens backing bonds did not survive the city’s 2022 bankruptcy. The decision gives Chester access to the revenue streams that bondholders…
In our article in last month’s issue,1 we provided an overview of the basics of private placement life insurance (PPLI). Now, we’ll explore the practical considerations involved in purchasing and structuring a PPLI policy. An insurance agent should provide an illustration of the insurance product. The purpose of this illustration is twofold: It outlines hypothetical…
The Trump administration’s trade fights are far from over, even after its big move on Thursday evening to maintain its elevated tariffs for 60 economies.
The Independent If they are anything like most Oscar winners, the team behind The Artist will have spent the first day of the rest of their lives conforming to the grandest, and most lucrative, of Hollywood traditions. Having woken up, pinched themselves, and made sure that -oui! – it really was a gold statuette on…
Trump: I trust Xi and Putin when it comes to selling munitions to Iran !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Senior Living Transformation Company (SLTC) and Sabal Investment Holdings have secured $50 million to acquire and improve two senior living communities that specialize in assisted living and memory care: Daylesford Crossing in Paoli, Pa., and the Villages of Windcrest in Fredericksburg, Texas. Protective Life provided debt on the Villages of Windcrest, while Berkadia financed the…
The Pentagon is moving to reduce the US defense industry’s reliance on geopolitical adversaries for critical military materials. Under Executive Order 14415, signed by President Donald Trump on Monday (July 20), national security waivers that have allowed defense contractors to source certain strategic metals from foreign adversaries will face tighter restrictions beginning January 1, 2027….
President Donald Trump’s sweeping tariffs have become a defining feature of his second term, central to his strategy for reshaping global trade, even after the Supreme Court struck down many of his tariffs in February. Aggressive tariff policies have been rare at the White House in recent decades, but history offers clues about how they…