Fund consultant Amin Rajan has warned that a fierce rivalry among jurisdictions to attract fund investors is leading to “inevitable regulatory lapses” in funding that may end up costing investors millions of Euros.
The Gibraltar government has launched a website that it says is designed to “serve as a directory” of Gibraltarians who have left the territory, “who could be called upon to provide services to the government and to Gibraltar as and when required”.
A Mauritius domiciled fund, managed by a Swiss investment manager and administered in the Channel Islands, has run into difficulties and has suspended trading.
Canada Life International's Paul Thompson looks at adviser charging for offshore bonds in the post-RDR world.
The UK’s prime minister has written to the leaders of ten Crown Dependencies urging them to beef up their information exchange and beneficial ownership plans ahead of Britain’s G8 Summit next month.
The latest attempt by US lawmakers to crack down on Americans who have offshore income they do not report stands a good chance of being signed into law within months or even weeks people who are monitoring the situation in Washington say.
DeVere Group’s chief executive Nigel Green has heavily criticised the American government’s Foreign Account Tax Compliance Act in an interview with a US based news organisation.
The husband and wife directors of the beleaguered Harlequin Property investment fund have had their assets frozen by the UK’s High Court.
French insurance company AG2R La Mondiale is to buy MassMutual Europe, a Luxembourg based life insurance company with around 700m in assets under management.
The UK has become a more attractive investment destination in the past year due in part to the wider range of choice offered to investors as a result of RDR, according to research from Morningstar.
Plans to stop spouses of Britons overseas from receiving a UK funded state pension are misguided and will negatively impact the vulnerable, says Guardian Wealth Management’s David Howell.
HM Revenue & Customs has won a court case against pressure group UK Uncut over claims that a backroom deal it struck with Goldman Sachs, in which it agreed to let the bank off a £20m interest payment, was unlawful.
