Dubai’s DIFC slashes start up costs for new fund managers
The Dubai International Financial Centre (DIFC) has scrapped the application fee for setting up as a fund manager in the free zone as competition with rival financial hubs in the region heats up.
Swiss court overturns ban on releasing UBS client data to France
Switzerland’s Supreme Court has ruled that the government can comply with a French request for information about a UBS client’s bank account, despite the request probably being founded on stolen data.
Weatherbys launches private banking service for British expats
Weatherbys Private Bank has launched a service for British expats offering cross-border private banking and cross-currency mortgages.
How French succession law works
While there are many benefits to living in France, estate planning is not one of them, explains Jason Porter, director of European IFA firm Blevins Franks. After taking a look at succession tax last week, this week he breaks down succession laws that are complex, and which many feel are unfair.
Tax & Regulation | 9 Mar 17
UK fraud agency to probe failed Costa Rican forestry fund
The Serious Fraud Office (SFO) has opened a criminal investigation into an alleged fraudulent investment scheme marketed by Ethical Forestry Limited and “associated companies” between 2007 and 2015.