Offshore Investment

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.

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.