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Officials from the three UK Crown Dependencies have been calling attention to a House of Commons statement by Britain’s Prime Minister, David Cameron, in which he said they were not tax havens.
Officials from the three UK Crown Dependencies have been calling attention to a House of Commons statement by Britain’s Prime Minister, David Cameron, in which he said they were not tax havens.
The total value of bank deposits held in Jersey decreased by around 2.8% in the second quarter, while the total net asset value of funds under administration slid by just under 2%, as sterling weakened and global commodity prices rose.
London-based wealth management firm Bestinvest has agreed a deal with one of Jersey’s largest IFAs by offering it access to five bespoke portfolios on the Praemium International platform.
Jersey ministers have held urgent talks with their counterparts in Paris to find out why Jersey has been placed on an official French blacklist of uncooperative tax havens.
The French Government has added Jersey, Bermuda and the British Virgin Islands to its list of uncooperative tax jurisdictions according to an entry in France’s gazette for official decisions dated August 21.
Andreas Kistler and David Crosland have been made partners at Carey Olsen in the Channel Islands.
Coutts & Co is shifting its “growing” international trust business to Jersey, and as part of this strategy is looking for a buyer for its trust operations in the Cayman Islands.
The number of foundations based in Jersey has grown to more than 200 in the less than four years since they were introduced.
JTC Group, a Jersey-based fund administrator and private client and corporate benefit services, has acquired Guernsey’s Ardel Fund Services (AFSL), as it looks to expand its footprint and range of expertise.
Gerry Brown, technical manager of Prudential, says in years to come, George Osborne's 2013 Budget might come to be regarded as one of the most memorable Budgets – at least from an "offshore" perspective.
Jersey has ‘initialed an agreement with the US’ to comply with its pending Foreign Account Tax Compliance Act, and has also agreed an information reporting “package” with the UK.
Jersey Finance confirmed the jurisdiction's intention to introduce new fund regulations in April as part of its strategy to meet the requirements of the AIFMD, at its annual funds conference in London this week.