International bodies extend tax evasion protocol
The OECD and the Council of Europe have extended tax evasion co-operation agreement.
Industry
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Royal London unveils revamped Quantum savings product for international investors
Royal London360° is launching Quantum, a new savings product aimed at international investors.
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Royal London launches trust with IHT appeal
Royal London 360° is launching a trust which aims to reduce the value of an individuals estate
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Kaupthing IoM directors defend their actions in 08 collapse, paper reports
Kaupthing Singer & Friedlander(IoM) bank officials have defended their handling of its collapse.
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IMA adds offshore funds to its sector classification system
The Investment Management Association (IMA) has added offshore funds to its classification system
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RBC opens advisory office in Barbados
RBC has opened an international investment advisory office in Barbados
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UK Parliamentary report recommends self determination for Crown Dependencies
Commons committee report recommends improving UK’s relationship with its Crown Dependencies
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FSA charges seven over insider dealing
The UK’s FSA has charged seven people with 13 counts relating to dealing on inside information
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US Living Trusts may trigger UK trust tax liability
UK nationals living and working in the US may be face UK tax liabilities through Living Trusts
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Jersey Finance backs growing list of TIEAs
Jersey Finance has given its backing to the signing of a TIEA with Indonesia
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Midas Capital offloads overseas units
Midas Capital is to offload two subsidiaries in Guernsey and South Africa.
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RBC continues onshore expansion
Offshore firm RBC Wealth Management has made a further hire to its UK business.