News
Markets shrug off North Korea threats, for now
Global markets have shown little alarm over North Korea’s missile tests and Donald Trump’s rhetoric so far. Nevertheless, investors should hedge their tail risks, advises Dave Lafferty of Natixis GAM.
The International Stock Exchange listings up 45% in 1H17
Guernsey-based The International Stock Exchange (TISE) reported a 45% increase in listings year on year at the end of June to 2,411 listed entities.
Tax & Regulation | news 31 Aug 17
UK non-dom taxpayers add £9.3bn to gov’t coffers
Non-domiciled taxpayers in the UK contributed £9.3bn ($12bn, €10bn) in tax receipts in fiscal year 2014/15, data released by HM Revenue & Customs shows.
North America | news 31 Aug 17
US tax workers jailed for using foreign IDs in $5m scam
Three Americans have been convicted of using the stolen identities of foreign nationals to conspire to defraud the US Internal Revenue Service (IRS) of more than $5m (£3.9m, €4.2m) over the course of four years.
Cayman-based Bernie Madoff feeder fund author of own demise
After a 12-week trial, liquidated Cayman Islands investment fund Primeo, which invested with infamous Ponzi scheme Bernard L Madoff Investment Securities (BLMIS), was found to be “to a very substantial degree the author of its own misfortune”, a judge has ruled.