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The Channel Islands are facing some significant headwinds, with the loss of tax export breaks and a clampdown on QROPS to name but two. Will Jackson explores how the jurisdictions are faring.
The Channel Islands are facing some significant headwinds, with the loss of tax export breaks and a clampdown on QROPS to name but two. Will Jackson explores how the jurisdictions are faring.
Lombard International Assurance has hired long-time Aegon executive John Bissett to further strengthen its private banking team, and signalled that it is planning to make additional appointments.
Carey Olsen is to extend its legal services to include the Cayman and British Virgin Islands, and is set to open a new, purpose built, office in the Cayman Islands in September.
Cazenove Capital has appointed a new portfolio manager to its Jersey office.
The deVere Group has named a Guernsey wealth management expert, Adrian Flambard, to head up its New York City office, which the company says it sees as its base for a major push into the US market.
Tax experts with French tax-resident settlor clients told International Adviser today that confusion surrounding the reporting of trust information to the French tax authorities remains, even as the reporting deadline arrived as of midnight.
Earlier this week, the UK Government announced it would finally be introducing a general anti-abuse rule to combat tax avoidance, but not before it has completed one last industry consultation. Here our tax panellists Rachael Griffin and Mark Green talk us through the proposals and the accompanying draft legislation.
A requirement within MiFID II to isolate purely execution-only transactions from those on which advice has been given, has been raised as a point of concern by a former member of the European Commission Securities Markets Experts Group.
Standard Life has re-shuffled its top management, with current SL International chief executive Nathan Parnaby taking up the new position of CEO for Standard Life Asia and Emerging Markets.
Ensuring an offshore bond has the right features for a client should be much higher on an advisers agenda than the associated costs, according financial research company Defaqto, which has released a guide to using the vehicles.
David Park has been named as co-manager of the Carmignac Gestion Emerging Discovery Fund.
Frances biggest listed bank, BNP Paribas, may be looking to sell its Egyptian retail banking operations, according to Reuters.