The Serious Fraud Office (SFO) says it has frozen $100m of assets in London, connected with Sir Allen Stanford's suspected $7bn fraud.

The Serious Fraud Office (SFO) says it has frozen $100m of assets in London in connection with Sir Allen Stanford's suspected $7bn fraud.

Bernard Madoff will spend the remainder of his life in prison after receiving the maximum prison sentence of 150 years for masterminding a $65bn fraud.

Friends Provident International (FPI) has enhanced its online tool for offshore advisers, designed to ease fund selection.

Many offshore bank account holders could risk penalties for ignoring HMRC's New Disclosure Opportunity (NDO) its poor promotion of the tax amnesty, says leading accountancy firm, PKF.

Offshore jurisdictions flouting their pledges to comply with international standards have been threatened with sanctions at a Berlin meeting of International finance ministers.

It is fortuitous that at a time of market volatility, Jersey was already identifying growing business opportunities in the East.