28 articles found within the last year.
Displaying results 1 - 20
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Isle of Man plans to end secret interest payments
As governments stepped up their battle against bank ... The move puts the Isle of Man, which ... The announcement came as finance ministers from 18 ... "We have succeeded to agree on a communique ... France, Germany and the U.K. have led a ... The Isle of Man, one of the smaller...
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Hedge fund body conscripts members in battle against EU directive
The trade body for hedge funds has asked ... The Alternative Investment Management Association has criticised an ... Under the draft, EU-based managers running more than ... Escalating its battle against the directive, Aima yesterday ... The body said: "We would like to know...
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Tax haven crackdown to hit offshore financial centres
The number of offshore financial centres could shrink ... Geoff Cook, chief executive of Jersey Finance, ... Cook was responding to a question on the ... These include Jersey, the Cayman Islands and Liechtenstein, ... Cook and others reckon smaller offshore centres will ... Tax havens are being forced to sign anti-secrecy...
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Low-tax nations slam US crackdown proposals
The Obama administration's proposed crackdown on corporate tax ... Jan Kees de Jager, the Netherlands' finance secretary, ... The planned amendments could have “unintended negative consequences”,...
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Storm brewing for Caribbean
The Caribbean holds two big attractions for the ... Half the countries on the Organisation for Economic ... These include familiar names such as the Cayman ... If they fail to meet OECD standards on ... Jay Krause, a tax and trustn partner at ... The magic number of these bilateral tax agreements...
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Cayman Islands law firm hires trio
Cayman Islands-based law firm Conyers Dill & Pearman ... Elizabeth Denman joins from funds group Mello Jones ... Callum Harper joins from law firm Ashurst where ... They are both based in Bermuda. ... Anton Goldstein joins from law firm Sullivan ... They report to John Collis, chairman of Conyers....
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Wealth Bulletin’s Top Tax Havens
With a new crackdown on tax havens by ... Off shore financial centres have never had it ... The run-up to the G20 summit in London ... If they were hoping to avoid draconian measures ... The 38 nations on a “grey” list published ... The best example of how the offshore game...
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The search for the heart of the hedge fund industry
Many believe the beating heart of the global ... Financial News can reveal a new contender: a ... The heart of the UK hedge fund industry ... Europe’s largest hedge fund manager Brevan Howard Asset ... A host of other hedge fund managers, from ... All UK firms must provide registered UK addresses...
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Cayman comes under spotlight after Weavering collapse
A Cayman Islands-based lawyer has questioned whether the ... The lawyer questioned whether the island had enough ... The fixed income fund of London manager is ... PricewaterhouseCoopers, the fund's liquidator, said the fund conducted ... Magnus Peterson, Weavering's founder, was reportedly joined by...
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Tax havens campaign against ‘indiscriminate’ crackdown
Some of the UK’s Crown Dependencies and Overseas ... Deborah Drummond, deputy financial secretary of the Cayman...
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Scotiabank acquires Caribbean wealth manager
The Bank of Nova Scotia on Friday declared ... Five Continents Financial, which manages client assets worth...
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US lawmakers target offshore tax havens through legislation
US Democratic lawmakers on Monday introduced bills in ... Besides outlawing patenting of tax avoidance plans, targeting ... It would also close an offshore tax dividend...
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Odey closes global fund as investment wanes
London-based Odey Asset Management, whose founder Crispin Odey ... The firm’s Tactical Advantage Fund, run by Suren ... It was a global long/short fund, aiming to ... Stewart said: "There was a lack of critical ... The fund only reached about $8m (€6m), but ... Patel is no longer listed on the fund's...
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Comment: The UK, its tax havens – and Switzerland
In the new era of financial morality – ... In an interview in the Observer, a UK ... Switzerland has become an easy target for politicians. ... Politicians - and the Western media - are ... Switzerland’s confidential banking system also provides easy pickings ... But the UK might be well advised to...
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Coutts under shadow of state control
There have been two consistencies in Coutts & ... It is perhaps ironic that after a history ... RBS has received £20bn (€22.7bn) of state support, ... Some observers believe that majority state ownership sits ... Alexander Hoare, managing partner of one of Coutts’...
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Diamonds are an investor's best friend
A fund offering access to physical diamonds is ... The KPR diamond fund capitalises on the price ... The diamond fund aims to provide returns which ... The fund, which is part of KPR Fund, ... The move comes weeks after Alfa Capital, the ... Giovanni Pennetta, chief executive of Goldwinds Asset Management,...
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Letter from the City: UK plans amnesty program for offshore bank accounts
In these lean times, governments are facing pressure ... The UK Treasury will launch an amnesty for ... A similar plan in 2007 brought in around ... The move comes as the UK and other ... Timms said the new plan gives offshore-account holders ... The tide is fast turning against offshore financial...
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Pressure mounts on tax havens
If offshore financial centres were under any illusion ... It emerged last week that Raoul Weil, a ... Grace Perez-Navarro, a deputy director at the Organisation ... In 2000, the Paris-based inter-government agency, the Financial ... There are now just three countries still on...
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Funds of funds take drastic steps to cope with Madoff
Funds of hedge funds entangled in products managed ... Nicola Horlick, manager of fund of funds Bramdean ... Bramdean had about 9.5% of its assets in ... Separately another feeder fund into Madoff, Fairfield Sentry, ... Investors have initiated a class action in New ... Another US fund which invested money with Madoff...
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Cayman Islands hedge funds may suspend redemptions
Investors in Cayman Islands hedge funds may not ... The Cayman Islands Court of Appeal passed the ... The ruling includes the right to "suspend the ... For a decade the Cayman Islands have been ... Nearly 10,000 of the world’s Investment Funds are ... Previously, it had been thought that an investor...
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