Europe
spain tax man offshore accounts
Former HM Revenue & Customs (HMRC) inspector Peter Howarth, who runs a UK-based tax consultancy and advises expats in Spain, has claimed that Spains tax authority – Hacienda – is pursuing those with bank accounts in tax havens which they have failed to declare.
mfsa brushes off fears of qrops influx
The chairman of the Malta Financial Services Authority has denied that a wave of QROP schemes are planning to relocate to the jurisdiction.
threadneedle registers 27 funds in finland
Threadneedle has registered 27 of funds from its Luxembourg domiciled Sicav for sale in Finaland, following approval from the local regulator.
bank of cyprus looks to uk for customer protection
In a move to safeguard customers and perhaps distance itself from difficulties in Greece, the Bank of Cyprus UK has transferred its banking to a new subsidiary which is fully protected by the Financial Services Compensation Commission.
guernsey dialogue with uk on tax
Guernsey must open a dialogue with the UK to find out where the boundaries now lie over tax, says Guernsey Finance chief executive Peter Niven.