news

Investec Bank (Channel Islands) has launched a one year fixed term deposit account with a rate of 2.25% AER on sterling, euro and US dollar accounts.

Jersey Finance has greeted the approval of the island's Jersey Foundations Law as a "hugely positive step" in positioning Jersey at the forefront of the private wealth management industry.

Offshore account holders with unpaid tax could save money by voluntarily coming forward instead of waiting for the launch of the New Disclosure Opportunity (NDO) in September, says accountants and business advisers, PKF.

Increasing numbers of individuals and institutions are opting to provide voluntary disclosure of their offshore affairs to avoid stringent US anti-fraud investigations, according to a regulatory expert.

New Zealand has stolen Canada's crown as British expats' favourite destination for a high quality of life, according to the findings of a global study of expat opinions and attitudes.

Actor Paul Hogan has lost his bid to stop the public release of two volumes of documents related to an investigation into his tax affairs.

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

Bermuda has been added to the Organisation for Economic Co-operation and Development's (OECD) white list of offshore jurisdictions, having signed its twelfth Tax Information Exchange Agreement (TIEA) with the Netherlands.

The government of Gibraltar is in the final stages of negotiating the implementation of a 10% standard corporate tax rate for both domestic and international companies investing in the offshore center.

Friends Provident International (FPI) has added two new funds to its mirror range, targeting investors at different ends of the risk spectrum.