Standard Chartered appoints head of trust and fiduciary to oversee expansion
Standard Chartered Private Bank plans to expand its trust and fiduciary operations beyond the existing Guernsey and the Cayman Islands bases.
Industry
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Spectre of fund taxation in offshore centres boosts Malta
Malta has published new guidelines for redomiciling offshore funds to the Mediterranean island state, amid what it said was growing demand from providers for its services.
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Confidence on rise among trust and estate professionals
Confidence within the trust and estate planning sector is recovering from all-time lows seen last winter, according to an industry body.
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Appleby to open Guernsey base
Offshore law firm, Appleby, is set to open a new office in Guernsey making it the only fiduciary and administration service provider with a foothold in eight of the world’s leading offshore business c
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DSP launches Ucits-compliant European fund
Dalton Strategic Partnership is launching a Ucits-compliant version of its Melchior European fund
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Tax advisers criticise HMRC for low NDO response rate
The 10,000 responses submitted to HMRC under the New Disclosure Opportunity which shut on Thursday 4 January is disappointingly low, say leading tax experts…
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Pru partners with UOB in east Asia
Prudential has entered into a partnership with Singapore’s United Overseas Bank in an effort to boost its south-east Asian business…
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NatWest launches first offshore Navigator structured product
NatWest International Personal Banking is launching its Navigator Structured Deposit Account into the offshore market for the first time…
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DIFC and Lux sign MoU
The Dubai International Financial Centre and Luxembourg for Finance have signed a Memorandum of Understanding to promote industry development and regulatory cooperation between the two jurisdictions..
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Zurich names replacement Middle East CEO
Zurich International Life (Zil) has announced the replacement of Carlos Sabugueiro, its former Middle East chief executive who unexpectedly left the firm last month (December).
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SLI launches into Spanish market
Standard Life Investments (SLI) has received public distribution status from the Spanish authority for 10 funds from its Luxembourg-domiciled Sicav fund range…
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New global fund launched by Veritas
Veritas Asset Management is making its Dublin-domiciled global hedge fund available to offshore and UK retail investors for the first time…