Bahamas private bank buys rival
Deal allows the acquirer to ‘expand our reach and capacity’
Bahamas
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Swiss private bank sells off Bahamas wealth arm
As a ‘select number of key investment managers’ become minority shareholders at its Italian subsidiary
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Bahamas to introduce 90-day minimum residency for tax status
Move followed criticism of the country’s residence-by-investment programme
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Hansard Global inches closer to Japan licence
But long-term savings provider reports ‘mixed results’ as it repositions its business
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Hansard’s Bahamas move branded ‘disappointing’
Senior figures in the Isle of Man life insurance sector have criticised Hansard’s decision to set up a company in the Bahamas, which the insurer admits was partly driven by the looming commission disclosure rules.
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EU tax haven blacklist to lose two more names
The much-maligned European Union tax haven blacklist is set to shrink to seven jurisdictions following the removal of the Bahamas and St Kitts & Nevis.
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Isle of Man ‘constraints’ key to Hansard Bahamas move
Hansard’s strategic move to set up a licenced company in the Bahamas was partly driven by the Isle of Man’s sweeping Conduct of Business Code rules which go live in January 2019, the London Stock Exchange-listed company chief executive Gordon Marr has revealed.