Jersey
Two charged in $150m Providence scam
The chief executive of Providence Companies Group has been federally indicted, along with its chief operating officer, for orchestrating a $150m (£112.5m, €125.8m) fraud that saw the firm’s operations in Guernsey and a Jersey-based IFA firm shut down in 2016.
Italian princess to appeal $200m trust fund ruling
An Italian princess is disputing a Jersey Royal Court judgement that she conspired with her film-star mother to secretly direct $200m of family wealth away from her sister.
Appleby family law head exits to found own firm
The head of family law at Appleby, the firm at the centre of the Paradise Papers, has left the business and set up her own firm in Jersey.
Tax & Technical | 20 Nov 17
Jersey and IoM join 19 jurisdictions rated ‘compliant’ by OECD
Jersey and the Isle of Man have topped the Organisation for Economic Cooperation and Development’s compliance table for the exchange of tax information.
Jurisdictions face critical EU tax haven blacklist test
A ‘substance’ test that determines whether actual business activities of offshore structures take place in a jurisdiction could be the make or break factor for 53 countries facing the prospect of being added to an EU-wide tax haven blacklist.