Offshore Investment

Depositors could receive quicker and higher recoveries of cash trapped in Kaupthing Singer & Friedlander Isle of Man (KSFIOM), according to information from the UK arm of the collapsed bank.

Calls in Michael Foot's interim review for a probe into offshore jurisdictions' compensation schemes have been backed by an action group, which argues current 'safety nets' are inadequate.

The Isle of Man government has labelled Michael Foot's interim review of British offshore financial centres as "wholly appropriate".

Wealthy homeowners listened even more intently than usual to the Budget this week, braced for yet more painful measures to limit the attractiveness of tax havens.

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

A downturn in sentiment has hit Middle East markets like Dubai as the global financial crisis continues.

Offshore financial centres must "respond positively" to the joint demands of the G20 countries in order to stay competitive, according to the interim Foot Review.

Plans for a Government blacklist naming and shaming tax cheats who have swindled the Exchequer out of over £25,000 could encourage further abuse, according to accountancy firm, PKF.

Plans for a Government blacklist naming and shaming tax cheats who have swindled the Exchequer out of over £25,000 could encourage further abuse, according to accountancy firm, PKF.

Alistair Darling's move to introduce a fresh tax amnesty inviting holders of offshore accounts to disclose any unpaid tax has been dubbed "disappointing" for its "serious" lack of detail by accountancy giant PKF says.