TAX - New tax incentives prop Istanbul as a finance hub

www.hurriyetdailynews.com - The proposed bill provides government incentives for asset management funds established in Turkey and the international funds run by these companies

As a part of the Turkish government’s project to transform Istanbul into a regional financial hub, a draft bill passed Parliament’s General Assembly on May 31 that will change some tax regulations that have been seen as an obstacle preventing fund management firms from opening offices in Turkey.

The new bill provides government incentives and related regulations for asset management companies founded in Turkey and the international funds run by these companies. The bill also encourages the management of foreign funds from Istanbul, to develop and deepen local financial markets. (source)

WEBINAR - Islamic Asset Management Industry - A promising future ahead

Frost & Sullivan Hosts Webinar
 There is an interesting Webinar coming up next week.  I would advice anyone who could spare the time to attend.

Islamic Asset Management Industry – A Promising Future Ahead

WHEN: Wednesday, Oct. 20, 2010 at 11 a.m. ET
LOCATION: Online, with free registration
SPEAKERS: Kavitha Chakravarthy, Research Analyst for Frost & Sullivan’s Business & Financial Services Group Frost & Sullivan

CONFERENCE - announce - Nov 2010 - Asset Management

IQPC - venue to be confirmed
Date - Nov 1-4, 2010

Asset Management Turkey

(Islamic asset management probably included - Sheikh Mohammed Daud Bakar - Sharia Scholar - is announced as a speaker)