Europe
Offshore companies own a big chunk of UK real estate
Offshore finance centres are home to thousands of companies that own nearly 100,000 properties in England and Wales, with the British Virgin Islands (BVI) and the crown dependencies leading the pack.
Chinese conglomerate moves on Guernsey and London fund houses
A Chinese conglomerate with ambitions in the west has acquired a London-based asset manager and its Guernsey-based subsidiary.
EU advisers face VAT fees after ‘historic’ Italian ruling
The Italian tax authority has ruled that independent financial advisers are subject to VAT fees, setting a legal precedent for other EU nations to adopt.
EU launches fresh Paradise Papers inquiry
The European Parliament is to investigate the Paradise Papers to look for “financial crimes, tax evasion and tax avoidance”.
The robo adviser looking to collaborate not compete
Advisers have nothing to fear from Scalable Capital, Adam French, co-founder of the Blackrock-backed digital wealth manager, tells International Adviser.