Gibraltar must ‘be very ferocious’ in Brexit talks
Former UK deputy prime minister Nick Clegg has said Gibraltar must be “very ferocious” in its demands ahead of the Brexit negotiations, warning that the British overseas territory’s fate “will be at the very bottom” of prime minister Theresa May’s list of priorities.
Ex-FCA chief McDermott to join Standard Chartered
The former head of the UK’s Financial Conduct Authority (FCA), Tracey McDermott is to join Standard Chartered in the latest high-profile hire for the bank.
Best Practice | 30 Jan 17
Qnups in retirement planning: a case study on Peter
In this second instalment on Qnups in wealth planning, the director of Isle of Man-based pension provider Optimus, Martin Hall, runs through a case study where Qnups are the right solution for the client.
Latin America | 27 Jan 17
IRS trawls for US tax evaders in Panama firm probe
A federal court in the US state of Montana has authorised the Internal Revenue Service (IRS) to serve a ‘John Doe’ summons in a bid to uncover details of US taxpayers who may hold offshore accounts established by a Panama firm to evade paying tax.
US equity markets to ignore protectionist threat
If Donald Trump makes good on his proposal to impose tariffs on all imports from Mexico to fund the construction of a wall on the country’s border with the US, this will have a profound impact on the US economy and on the profitability of some US companies. Are markets right to ignore this threat for now?