The Stirling Mortimer Global Property fund has so far been repaid just €3.5m of the €9.8m its lawyers misappropriated from its Cape Verde cell, leaving a €6.3m hole in the Spanish property vehicle.
Guernsey's authorities have worked to make the island the destination of choice for QROPS, says Stephen Collier, client services director of Mercator Trust Company Limited
Bespoke QROPS provide high net worth clients with added flexibility
For clients moving or living abroad, UK pension benefits can be neatly transferred to a tax neutral QROPS in a well regulated jurisdiction, such as Guernsey, although QROPS may not be suitable if the client intends to return to the UK at some point in...
Mourant du Feu & Jeune and Ozannes, two of the leading law firms in the Channel Islands, have announced their intention to merge in a new firm to be known as Mourant Ozannes.
Guernsey has rejected suggestions the island could require a ‘bail out' from the UK taxpayer.
Guernsey is ramping up the promotion of its finance industry in a bid to capitalise on the slowly emerging global economic recovery.
Landsbanki joint administrators, Deloitte, says savers can expect to receive another 25% of their money within weeks.
New documents have come to light revealing how the Guernsey government failed to push for the recovery of savings of collapsed bank Landsbanki Guernsey, an action group claims.