News
Best Practice | news 1 Sep 17
Jersey gets a rebrand to spurn ‘tax haven’ label
Jersey Finance has launched a new communications strategy to counter the negative impact of cross-border financial centres’ malpractice on the general public, and to improve the image of its financial services industry in the local community and abroad.
PEOPLE MOVES: Zurich, Aberdeen Standard, Walker Crips
Zurich’s group chief risk officer is to retire next year, with her replacement already identified. One of the insurer’s chief underwriting officers has also confirmed his departure. Aberdeen Standard Investments has named a general manager and senior representative in China, while Walker Crips has confirmed a raft of senior changes as its chief executive plans his retirement.
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.