Offshore Investment

Latest data from the European Fund and Asset Management Association (EFAMA) shows how investors fled the turmoil of the financial markets for safer havens - notably turning to money market funds.

Her Majesty's Revenue and Customs (HMRC) has warned UK residents and organisations with Swiss bank accounts to declare any outstanding tax before it begins investigations.

A delegation from Guernsey's finance industry plans to travel next month to Singapore and Hong Kong. The team will be led by government departmental heads and Peter Niven, Chief Executive of Guernsey Finance and his deputy, Fiona Le Poidevin.

Expats have voted Thailand as the best destination in the world when considering economic and lifestyle factors.

Prudential's Matthew Stephens examines the benefits of offshore products...

Former Treasury and Economic Development Minister Allan Bell has been appointed as the Isle of Man's new Chief Minister. He takes over as leader of the Manx Government from Tony Brown, who has now retired.

Royal Skandia Trust Company, a division of Isle of Man-based Skandia International, has extended its range of inheritance tax solutions with the launch of its Enhanced Loan Trust.

Friends Provident International (FPI) survey on international investor attitudes shows a decrease in confidence in the markets and fears of rate rises.

A new trade organisation, ICI Global, has been launched to focus on regulatory, market and other issues for global investment funds, their managers and investors.

In an unprecedented move, the Isle of Man Bankers' Association (IOMBA) has voted Mark Waterhouse, Chief Executive Officer of Zurich Bank International, to be appointed President for a second term of office.