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First Names acquires fiduciary arm of IoM law firm

By: Helen Burggraf | 12 Jul 2017

First Names Group, the Jersey-headquartered provider of trusts, funds and corporate services, has acquired the fiduciary arm of Cains, an Isle of Man law and professional services group,…

Praemium shares surge as Ohanessian-led ‘step change’ leads to record sales

By: Eugene Costello | 07 Jul 2017

ASX-listed, Melbourne-based platform services provider Praemium achieved record inflows in the quarter to June, representing vindication for formerly beleaguered chief executive Michael Ohanessian. Inflows across all platforms…

UK to its expats in EU: ‘we’ll up-rate state pensions in Europe and seek to keep recip healthcare deal’

By: Helen Burggraf | 26 Jun 2017

The UK Government today sought to reassure the estimated 1.2 million British expats currently living in Europe by stating that it plans to continue to ‘uprate’ their…

European Commission unveils tax avoidance crackdown proposal

By: Helen Burggraf | 22 Jun 2017

Tax advisers, accountants, banks and lawyers that facilitate offshore tax avoidance schemes are the targets of a package of new rules proposed on Wednesday by the European…

Filippo Noseda joins Mishcon de Reya’s tax planning team

By: Helen Burggraf | 16 Jun 2017

Filippo Noseda is joining Mishcon de Reya, the well-known London-based law firm, as a partner in its Private department, effective on Monday. The position is a newly-created one,…

US Labor Secretary says Fiduciary Rule to go ahead on 9 June

By: Helen Burggraf | 23 May 2017

The controversial US “Fiduciary Rule”, which would require brokers and others advising on retirement products in the US to act in their clients’ best interest, will begin…

IA ‘too conflicted’ to develop Cost Disclosure Code: TTF

By: Jonathan Boyd | 22 May 2017

The UK’s Investment Association, which represents the UK’s investment management industry, is “too conflicted” to be able to produce a viable Cost Disclosure Code, the Transparency Task…

IASB publishes long-awaited insurance accounting standard

By: Helen Burggraf | 18 May 2017

The International Accounting Standards Board has today published what one accounting industry expert is calling a “once-in-a-lifetime regulatory change”, and the IASB says is the world’s “first…

Jersey’s JTC expands into Netherlands via acquisition

By: Helen Burggraf | 19 Apr 2017

JTC Group, the Jersey-based provider of fund, corporate and fiduciary services, has acquired an Amsterdam-based corporate services provider, New Amsterdam Cititrust BV, as it continues its international expansion…

As US tax deadline arrives, IRS tax quotes lend perspective (and humour)

By: Helen Burggraf | 18 Apr 2017

Today, 18 April, is Tax Day in the US – as those American taxpayers living Stateside will be only too well aware. This is, of course, the…

FECIF elects team to get ready for ‘regulatory Tsunami’

By: Gary Robinson | 05 Apr 2017

The FECIF (European Federation of Financial Intermediaries and Advisers) has restructured its executive team, as it prepares and assists its members to face what it has dubbed a ‘regulatory Tsunami’,…

Gib tweaks (some) regs to accommodate financial services businesses

By: Peter Body | 03 Apr 2017

Like most jurisdictions that place a high value on their financial services sectors – reflecting the industry’s importance to their local economy – Gibraltar is constantly fine-tuning…

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