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Obwalden, a Swiss canton, has been accused of creating financial "apartheid" over plans to lure millionaires to the area to boost their tax revenue.

Here we list who has moved where in another busy week in the offshore sector.

Customers with Isle of Man (IOM) bank accounts will no longer be able to withhold their tax details from the powers that be after the island today agreed to the automatic exchange of information within the EU.

The US Treasury has boosted its tax information exchange arrangements with Switzerland by amending the US-Switzerland income tax treaty.

Offshore law firm Ogier has made 17 staff redundant following an efficiency drive aimed to reposition the business for the coming 12 to 18 months.

A plethora of deals designed to help pursue evaders hiding money offshore are set to be signed by finance ministers in Berlin tomorrow.

A plethora of deals designed to help pursue evaders hiding money offshore are set to be signed by finance ministers in Berlin tomorrow.

The investment management industry must get to grips with EU directives quickly and work out its priorities while there is still time to influence them, according to the IMA.

The Dubai Financial Services Authority (DFSA) is tightening its supervisory approach to enhance regulation within financial service firms.

Legal & General International (LGII) has partnered with HSBC Bank to offer a series of structured deposits.