Tax & Regulation | 12 Jun 12
draft gaar legislation published as uk
The UK government is ploughing ahead with plans to introduce a General Anti-Avoidance Rule, and has today published draft legislation and begun a formal consultation process with HM Revenue & Customs and members of the tax industry.
People Moves | 12 Jun 12
kleinwort benson creates senior role
Kleinwort Benson has named Clive Wright head of private wealth management offshore, a new position, as the company looks to boost its business in the cross-jurisdictional, high net worth and ultra-high net worth wealth management sectors.
Tax & Regulation | 11 Jun 12
liechtenstein agreement attracts 2400
More than 2,400 people have come forward to disclose undeclared foreign assets through the Liechtenstein Disclosure Facility, according to HM Revenue & Customs, which says it may now bring in as much as three times the £1bn in revenue it was projected to.
vontobel unveils high yield bond fund
Swiss-based Vontobel has launched a Luxembourg-domiciled high yield bond fund targeting an annual return of between 5% and 9%.
globaleye opens flagship europe office
Globaleye, a UAE headquartered advisory firm, has opened an office in Geneva, its first in mainland Europe and one it said will be its flagship on the continent.