Tax experts say advisers of UK taxpayers who own offshore property should take note of HM Revenue & Customs latest tax crackdown announcement, which promises to target, initially, wealthy tax cheats who avoid paying tax on gains from their foreign property holdings.
The UKs Serious Fraud Office has launched a whistleblower hotline to encourage members of the public to help unmask fraud and bribery.
International law firm Conyers Dill & Pearman has appointed Charles Collis as head of its London office.
The Association of International Life Offices has elected Canada Lifes Claudia Lang as its new chairman, replacing Rachel Panagiodis who has completed a full two-year term.
The proposed pension scheme for expatriates in the United Arab Emirates will not be subsidised or guaranteed at a government level, according to an economic adviser at the Dubai Department of Economic Development.
Dubai-based financial advisory group, One International has acquired South African IFA firm, Sterling Associates.
Spokesmen for depositors who lost money in the collapse of Guernseys Landsbanki and the Isle of Mans Kaupthing Singer & Friedlander subsidiaries said they were disappointed by a decision on Friday by an Icelandic court, which will ensure some other losers in the collapse of Icelands major banks will get back most of their money…
Coutts & Co is to drop the RBS branding from its international business from tomorrow, it has been confirmed.
Hong Kongs financial services regulator has borrowed a page from anti-crime organisations like Britains Crimestoppers by starting to post, on its website, the photographs and personal details about individuals it is seeking to interview in connection with possible crimes.
Principal Global Investors has opened a new office in Dubai, its first in the Middle East, and appointed Wassim Nasrallah as managing director.
The number of funds covered by EFAMAs cross-border fund classification has more than doubled in three months, in a bid to provide investors across the continent with more transparent information.
RBC Wealth Management has appointed two US-based directors, to cover the north-east and west coast regions of the country.
