Offshore Investment

The Isle of Man must act now if it is to prevent being blacklisted as a 'tax haven' by new laws to be passed by President Obama's administration.

Guernsey Finance is holding a masterclass to clarify recent legislative changes and fund rules on the island.

The Isle of Man must act now if it is to prevent being blacklisted as a 'tax haven' by new laws to be passed by President Obama's administration.

Financier and sports sponsor Sir Allen Stanford's offshore bank is believed to be under investigation by the FBI, according to reports.

Guernsey's funds under management and administration fell by £1bn (0.5%) in Q4 of last year, but values are up by £22.2bn or 12.5% over the whole year.

Alistair Darling was challenged by MPs over claims of 'cynical tax avoidance schemes' by Lloyds Bank despite promising further moves to halt corporate tax abuse, according to reports.

Hedge fund consultancy Laven Partners has hit back at France's call for tighter regulation of hedge funds.

Cross-border regulatory co-operation must be strengthened in future or jurisdictions will be forced to adopt protectionist policies, warns Guernsey's chief minister.

Banking files from the Caymans have been handed to the US authorities by a whistleblower claiming they reveal international tax avoidance, according to reports.

Approximately £94m from Isle of Man government reserves will fund larger early payments to Kaupthing Singer & Friedlander Isle of Man (KSFIOM) depositors, according to a local Isle of Man newspaper.