North America | 26 Oct 12
further deadline extensions unlikely for fatca
It is unlikely that there will be any further extensions or delays in FATCA deadlines following last week’s extension announced by the US authorities, according to international law firm Withers.
bank of valletta year end profits up two thirds
Bank of Valletta, Malta’s longest established financial services providers and one of its largest, has reported a 72% increase in pre-tax profits profit in the year to 30 September.
Tax & Regulation | 26 Oct 12
iom regulator spells out pension transfer advice
The Isle of Man’s financial regulator has underlined the importance of getting it right when it comes to advising on the tricky area of pension transfers by issuing a new set of guidance notes.
standard bank launch structured product
Standard Bank Jersey and Standard Bank Isle of Man have launched a structured product which is aimed at returning the initial capital with a fixed interest rate on half the deposit combined with stock market returns from a chosen index.
crown dependencies hold first trilateral meeting
Senior ministers from Jersey, Guernsey and the Isle of Man have held their first formal meeting to discuss areas of mutual interest since all three jurisdictions held general elections.