Offshore Investment

Ignis Asset Management has appointed a five-strong European distribution team plus support staff as part of the expansion of its distribution capabilities into Continental Europe.

Bank of Scotland International has launched the third issue of its five year structured product.

Co-operation between higher-tax states to combat tax havens could damage the economy and amount to a cartel between countries, warns a new paper.

HMRC has warned its new disclosure opportunity (NDO) will be the final chance for people with unpaid taxes linked to offshore accounts to settle up.

Bank of London and the Middle East (BLME) has launched a Shari'ah compliant money market fund in Europe which it claims is the first and largest of its kind.

There has been a surge in net retail sales of overseas domiciled funds compared to June last year, according to the IMA's Investment Fund Statistics for June 2009.

Investec Bank (Channel Islands) has appointed Stephen Henry as managing director of the international banking group.

A tenth of BDO Stoy Hayward's partners will be leaving the firm.

As a result of the conclusions of the G20 summit, held last April in London, Madeira's International Business Centre has consolidated its position as a transparent jurisdiction, fully integrated in the new architecture of the world financial order.

Switzerland believes a new global institution is needed to take the lead away from the G20 and reform tax and banking secrecy.