News
Two charged in $150m Providence scam
The chief executive of Providence Companies Group has been federally indicted, along with its chief operating officer, for orchestrating a $150m (£112.5m, €125.8m) fraud that saw the firm’s operations in Guernsey and a Jersey-based IFA firm shut down in 2016.
Italian princess to appeal $200m trust fund ruling
An Italian princess is disputing a Jersey Royal Court judgement that she conspired with her film-star mother to secretly direct $200m of family wealth away from her sister.
Investment | news 28 Nov 17
FE launches responsibly managed portfolio range
FE has launched three model portfolios to cash in on the growing world of sustainable investing, it announced on Monday morning.
PEOPLE MOVES: Aegon Life, Deutsche AM, BNP Paribas
Aegon Life in India has a new chief executive, Deutsche Asset Management has hired its global head of equity from Credit Suisse and BNP Paribas has created a head of institutional sales role for the UK and Ireland.
Best Practice | news 28 Nov 17
Red flags to watch out for with HMRC’s ‘pay first’ deterrent
The UK’s HM Revenue & Customs has introduced a pay first, dispute later deterrent to stop aggressive tax planning which has pushed company profits into offshore jurisdictions.