United Kingdom | 20 Mar 13
budget 2013 major crackdown on tax avoiders
George Osborne today unveiled what he said was “one of the largest ever packages of tax avoidance and evasion measures presented at a Budget” by a UK chancellor, but did not spell out the details.
North America | 20 Mar 13
jersey agrees fatca deals with us uk
Jersey has ‘initialed an agreement with the US’ to comply with its pending Foreign Account Tax Compliance Act, and has also agreed an information reporting “package” with the UK.
Asset concentration on platforms across europe
The UK, France and Spain are the only markets in which the top three fund groups by size account for less than 50% of total fund assets, according to a study conducted by The Platforum and supported by Schroders.
cyprus tense as bailout plan
Cyprus was reported to be tense Tuesday evening, as a day of angry demonstrations ended with news that lawmakers had rejected a controversial “bailout” plan.
Mobius to run Shariah-compliant Asian equity fund
Mark Mobius is lined up to manage a Shariah-compliant Asian Growth Fund, one of a trio to be launched by Franklin Templeton.