News
Tax & Regulation | news 6 Oct 15
Dead capital helps no one, says AILO’s Morgan-Moodie
The call for the world’s nine largest insurers to up their base capital by 10% under proposed ‘too big to fail’ rules does not show a considered appreciation of how well managed they are, AILO’s chief executive Alan Morgan-Moodie has told International Adviser.
People Moves | news 6 Oct 15
Bedell Trust hires Asia MD from Capita Asset Services
Jersey-headquartered Bedell Trust has named Robert Ayliffe as managing director for Asia to grow the business following its acquisition of Singapore Trust Company in September.
Tax & Regulation | news 6 Oct 15
Tax experts criticise ‘thin’ non-dom consultation paper
The UK Government’s consultation paper on non-domicile status is “thin on the ground” when it comes to detail and, if introduced as proposed, will fail to treat some ‘non-doms’ fairly, according to tax experts.
Cayman court’s first valuation verdict on minority side
East Capital, a Swedish fund company specialising in emerging and frontier markets, said it won a landmark case in the Cayman Islands defending the rights of minority shareholders.
Tax & Regulation | news 5 Oct 15
HMRC defeats tax avoidance scheme over DTA misuse
A tax avoidance scheme which exploited the UK’s double-taxation agreement with the Isle of Man has been defeated by HM Revenue & Customs.