North America
North America | 21 Dec 16
Canadians using offshore tax amnesty to name advisers
Canadian taxpayers wanting to use voluntary disclosure programmes (VDP) should have to identify advisers who helped them avoid paying tax, the Canada Revenue Agency’s (CRA) Offshore Compliance Advisory Committee has recommended.
North America | 21 Dec 16
Cayman Islands plans beneficial ownership platform
The Cayman Islands will gazette two pieces of legislation before Christmas that will pave the way for the jurisdiction to create a platform where overseas authorities can access information on the beneficial owners of companies and other financial entities.
US equities ‘great again’ for Europe’s fund buyers
US equities are ‘great again’ for European investors. They funneled record amounts of money into the asset class in November, with value funds being especially popular.
North America | 19 Dec 16
Harlequin Property enters receivership as resort is shut
Harlequin Property SVG, the land-owning unit behind the £400m ($509m, €454m) overseas property scheme facing ruin, has entered interim receivership while its flagship resort has closed after the electricity was disconnected.
Commodities | 15 Dec 16
Dollar rallies, gold falls on back of Fed’s ‘happy’ hike
The dollar surged this morning on the back of only the second Fed rate rise since the 2008 financial crisis.