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Another Aussie state unveils tax on foreign homebuyers

By: Helen Burggraf | 27 Jun 2017

The state of South Australia is to introduce a 4% tax on residential property purchases by foreign buyers and temporary residents, joining a number of other Australian…

Fiduciary rule: from today, US retirement advice must be in client’s ‘best interest’

By: Helen Burggraf | 09 Jun 2017

Two months after it was originally due to take effect, the so-called fiduciary rule – which is designed to ensure US investors are only sold retirement products that…

Australia unveils new tax on foreign owners of residential properties

By: Helen Burggraf | 16 May 2017

Australia is introducing a new tax on foreign owners of “under-utilised residential property”, as part of an effort to ensure that more homes are available to the…

Toronto latest to cool housing market by taxing foreign buyers

By: Helen Burggraf | 24 Apr 2017

Foreigners who buy homes in the greater Toronto area are to face a new 15% extra tax, as the government of the Canadian province of Ontario moves…

Harlequin investor battle seen to fail as key votes counted

By: Helen Burggraf | 12 Apr 2017

An effort by a group of out-of-pocket investors keen to see a plan that would have sought to see a bankrupt Caribbean resort revived, rather than liquidated, is being…

Key Harlequin Property vote now pushed back to 10 April

By: Helen Burggraf | 03 Apr 2017

A key vote expected to have taken place on Friday at a meeting of creditors of Harlequin Property (SVG), the bankrupt Caribbean resort developer, has now been…

Key Harlequin Property creditors meeting tomorrow in London, SVG

By: Helen Burggraf | 30 Mar 2017

Creditors of Harlequin Property (SVG), the bankrupt Caribbean resort developer, will meet tomorrow in London, in the UK, and Kingstown, St Vincent and the Grenadines, to vote on…

Qatar’s sovereign wealth fund to open office in Silicon Valley: report

By: Helen Burggraf | 27 Mar 2017

Qatar’s sovereign wealth fund, the Qatar Investment Authority, is to set up an office “in the Silicon Valley in San Francisco”, the fund’s chief executive told journalists…

Trio of wealth management veterans launch London private office

By: Helen Burggraf | 21 Mar 2017

Three veterans of the multi-family office and wealth management industry have joined forces to launch a new “private office”, known as Owl, in Smith Square, London, to…

Harlequin meeting of creditors set

By: Helen Burggraf | 14 Mar 2017

Creditors of Harlequin Property (SVG), the beleaguered Caribbean resort developer, have been notified that a first meeting has been set for 31 March, to vote on the appointment of…

FSCS says it interjected in Harlequin court case on behalf of compensated investors

By: Helen Burggraf | 08 Mar 2017

The UK’s Financial Services Compensation Scheme said that it became involved in a Caribbean Court case involving the bankrupt holiday resort company, Harlequin Property (SVG), last month because it…

600-plus Harlequin investors sign petition urging FSCS to ‘butt out’

By: Helen Burggraf | 07 Mar 2017

More than 600 mostly UK-based investors have signed a petition, organised by the developer of a bankrupt Caribbean resort in which they are invested, which calls on…

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