Guernsey removed from Italian tax blacklist
The Italian Ministry of Finance has taken Guernsey off its revised tax blacklist of tax havens as a result of improved standards on exchanging tax information.
Guernsey
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Generali merges Guernsey operations to increase expat focus
Generali International and Generali Worldwide Insurance Company will merge to capitalise on the globally expanding expat market, although the move will see the newly created firm withdraw from around 14 jurisdictions.
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MitonOptimal launches UK-focused fund of funds
Guernsey-based asset manager, MitonOptimal, has launched an offshore fund of funds which gives its international clients the opportunity to invest in the UK stockmarket.
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Concept removes upper limit on Aurora Lite offering
Guernsey-headquartered QROPS provider Concept Group has removed the upper limit on its Aurora Lite offering and waived transfer fees into and out of its Gibraltar-based schemes.
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Momentum waives QROPS transfer fee
Pensions provider Momentum has waived set-up and first year fees for clients looking to move their existing QROPS products following a surge of requests in the run up to Aprils UK pension reforms.
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Guernsey to enable transfers
Guernsey QROPS will benefit from full flexibility following a legislative change that will enable policyholders locked into schemes on the island to transfer funds into other jurisdictions.
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guernsey notches up 800 insurers
Guernsey licensed 85 new international insurers during 2014, including eight limited companies.
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FSC Gibraltar and FINMA reach
The Gibraltar Financial Services Commission (FSC Gibraltar) and the Swiss Financial Markets Supervisory Authority (FINMA) have reached an agreement ensuring the mutual oversight of cross border alternative investment fund managers.
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Providence acquires Fund Corporation
Financial services firm Providence has bought Guernsey based Fund Corporation and is set to establish a new headquarters on the Channel Island.
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BMI appoints senior investment manager
Brooks Macdonald International (BMI) has appointed a new senior investment manager for its growing operations in Guernsey.
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guernsey gains sp rating after agency hiatus
Guernsey has been given a Standard & Poor's credit rating of AA+ after a spell in which the island has not used any ratings agency to assess its borrowing capabilities.
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EEA accused of deliberately
EEA has been accused of deliberately withholding information after an action group discovered its troubled EEA Life Settlements fund is unlikely to repay outstanding portfolios.