Guernsey follows Isle of Man and Jersey in seeing
Guernseys zero-10 corporate tax regime has been deemed harmful by the European Unions Code of Conduct Group on Business Taxation.
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when the shoreline gets blurred
A Canadian court recently ruled that a trust can be viewed similarly to a company, with its activities judged on where they take place. Prudentials Gerry Brown says in light of this it is important to ensure offshore activities remain offshore.
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nordea opens sov bond fund with real view of risk
Financial services group Nordea has launched an actively-managed European government bond fund which assesses risk based on credit default swap spreads, rather than relying on data from third-party credit rating agencies such as Fitch, Moodys and Standard & Poors.
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centurion brings global population strategy
Centurion Fund Managers is launching its Global Population Index Structured Note into the European market, following a launch into Asia last month.
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hsbc bank middle east agrees deal to merge
HSBC Bank Middle East, a wholly-owned subsidiary of HSBC Holdings, has entered into an agreement to merge its Oman branch and HSBC Oman with Oman International Bank.
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singapores life insurance assn comments on fair
The Life Insurance Association of Singapore today used the city-states main newspaper, the Straits Times, to explain its support for a pending review of Singapores financial advisory industry unveiled last month at its 50th anniversary dinner.
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latin america is next stop for jersey ozouf says
Having established business links with China, India, Russia and the Gulf, Jersey will shortly be exploring opportunities to promote its interests in Latin America, the Channel Islands Treasury & Resources minister, Philip Ozouf, revealed yesterday.
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guernsey minister calls for rethink economy
Guernsey urgently needs to reposition itself as a different type of economy, according to the retiring Treasury and Resources minister Charles Parkinson.
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mg new big hitter role for asia
M&G Investments has appointment Andrew Hendry to the newly created position of managing director, Asia, to build a service team in Singapore and Hong Kong.
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forest schroders isf global multiasset income fund
Schroders has unveiled its new go-anywhere Global Multi-Asset Income Fund for manager Aymeric Forest.
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globaleye opens uae insurance employee bens
Dubai-headquartered wealth manager Globaleye has opened a general insurance and employee benefits division in the United Arab Emirates.
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Zurich launches Singapore insurance operation
Zurich, the Swiss insurance giant that has had a limited, defined market segment licence to operate in Singapore since 2006, today announced that it has just been awarded a direct insurance licence there.