Swiss tax evaders come clean in record numbers
Officials in Zurich reported a three-fold rise in the number of tax evaders voluntarily turning themselves in during 2017, as international regulations requiring Swiss banks to share details of offshore clients takes effect.
PEOPLE MOVES: The Fry Group, Carrick Wealth and Cadel Consulting
The Fry Group adds a veteran adviser in Singapore, Carrick Wealth appoints a high-flyer to its board and Bob Pain launches his own consultancy firm.
Fidelity charges ahead in China domestic market
Fidelity International’s investment management wholly foreign-owned enterprise (IM WFOE) has launched two funds while Blackrock and Schroders obtain private fund management (PFM) licences for their WFOEs.
China opens door for top foreign talent
High-end and high-earning international talent will be able to secure a 10-year visa within days after China’s State Administration of Foreign Experts Affairs expanded the scope of its visa system to lure overseas workers.
Trust company launches tax planning tool for expats
Sterling Trust has launched a specialist arm of the business, offering a variety of bespoke products to the international market place.