Guernsey
Tax & Regulation | 10 Aug 15
Guernsey dropped from EU tax blacklist
Guernsey has been removed from a blacklist issued by the European Commission which named and shamed 30 allegedly uncooperative tax jurisdictions.
Tax & Regulation | 5 Aug 15
Bordeaux Services fined and banned over Arch Cru collapse
The directors of offshore fund administrator, Bordeaux Services, have been fined and banned for five years for their involvement in the collapse of the Arch Cru funds.
Alternatives | 30 Jul 15
ESMA recommends six non-EU nations for AIFMD passport
The European Securities and Markets Authority (ESMA) has recommended that six countries should be among the first wave of non-EU countries to get access to a Europe-wide passport under the Alternative Investment Fund Managers Directive (AIFMD).
European Court throws out EEA action group claim against UK Gov’t
A group of investors into a troubled life settlements fund has had its claim against the FCA and the UK Government rejected by the European Court of Human Rights.
OECD backs Guernsey in fight against tax haven status
The OECD has backed Guernsey in its fight against tax haven status, describing the crown dependency’s inclusion on the European Commission’s list of top 30 non-compliant tax jurisdictions as “very surprising”.