collas crills hinkley relocating
Collas Crill’s Guernsey-based trust and fiduciary specialist Marcus Hinkley is moving to Singapore, in September, to lead the firm’s Singapore practice.
Guernsey
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unprecedented level of offshore litigation
Investors and creditors seeking redress for losses sustained in the global financial crisis have created an unprecedented level of litigation in offshore jurisdictions, a special report published by The Lawyer finds.
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guernsey will remain a crown dependency
The chief minister of Guernsey has told the islands local newspaper that Guernsey has no plans to change its constitutional relationship with the UK, even though it has “restarted a review” of that relationship.
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guernsey finance responds to dispatches programme
Guernsey Finance, the marketing arm of Guernseys financial services industry, has responded to a UK television programme which referred to Guernsey as a tax haven used for tax avoidance purposes by UK companies by suggesting that the programmes creators had failed to fully understand the way the investment model in question actually worked.
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hmrc execs in tv press spotlight for alleged
Two top officials at HM Revenue & Customs are being linked to companies that have sought to use offshore structures to avoid UK tax, or which advised clients on stamp duty avoidance.
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guernsey growth of 50 insurance licences
The number of international insurance entities licensed in Guernsey grew by 52 during the first five months of this year.
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mfsa brushes off fears of qrops influx
The chairman of the Malta Financial Services Authority has denied that a wave of QROP schemes are planning to relocate to the jurisdiction.
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channels of communication
The Channel Islands are facing some significant headwinds, with the loss of tax export breaks and a clampdown on QROPS to name but two. Will Jackson explores how the jurisdictions are faring.
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Guernsey banking deposits fall 10
The value of banking deposits in Guernsey are more than 10% less than they were at the end of the first quarter of last year, according to figures released today.
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guernsey tax office indicates hmrc may permit
HM Revenue & Customs has told Guernsey officials that it is willing to reconsider allowing some “domestic” Guernsey QROP schemes that were delisted in April to regain their status, following negotiations with Guernseys Income Tax Office.
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Idea of shared commissioner for Jersey and Guernsey
As the global financial situation remains challenging, and governments around the world increasingly take action aimed at preventing tax leakage to tax havens, Jersey and Guernsey have begun talking seriously about moving towards a single financial services regulator beginning with a shared commissioner.
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guernsey fund business grows by almost 9bn
The total value of the funds business in Guernsey grew by almost £9bn in the first quarter of this year, according to figures published by the Guernsey Financial Services Commission.