Alternatives | 28 Jun 12
panel to oversee new gibraltar fund regime
Gibraltars Financial Services Commission has announced the creation of a Funds Panel, after recent changes to its laws which are designed to bolster its appeal as a fund jurisdiction, particularly following the introduction of the Alternative Investment Fund Managers Directive.
Tax & Technical | 28 Jun 12
tax avoidance boon or bane
With tax avoidance high on the media agenda, Jersey Finance CEO Geoff Cook calls for a simpler tax system which provides greater certainty for all parties.
Investment | 28 Jun 12
lyxor enters smart beta market
Lyxor Asset Management has launched two risk-balanced ETFs on NYSE Euronext Paris, the first of a range the firm is planning that are based on a new generation of “smart indices” which balance their component assets according to risk.
People Moves | 28 Jun 12
british overseas arrests on the rise says fco
The UK economy may be stagnating, but exports of British crime are booming, according to the latest figures from the Foreign & Commonwealth Office. Some 6,000 British nationals were arrested overseas during the past 12 months, with more than half detained in Spain and the US.
Tax & Regulation | 27 Jun 12
tax net tightening around expatriates
A raft of new taxes affecting expatriate Britons, Canadians, Americans and others living in Italy is forcing many to seek help from advisers and tax specialists there, as they struggle to comply, advisers catering for expats in that market say.