News
Tax & Regulation | news 7 Jul 15
Experts point non-doms to offshore bonds ahead of Budget
As chancellor allegedly George Osborne prepares to crack down on non-doms in Wednesday’s budget, experts have recommended offshore bonds as an alternative to those facing an increasing amount to protect their foreign earnings from UK tax.
Tax & Regulation | news 7 Jul 15
FCA releases final rules to improve banking standards
The Financial Conduct Authority (FCA) has published a final set of rules designed to improve individual accountability and raise standards across the City of London.
BMO rebrand paves way for global distribution
The major rebranding of BMO’s Europe, Middle East and Africa asset management business, and its recent acquisition of F&C Asset Management, is set to pave the way for new global initiatives as the business looks to push into different markets around the world.
Fixed Income | news 7 Jul 15
No signs of contagion so far- S&P Dow Jones Indices
S&P Dow Jones Indices has said its data indicates bond market contagion stemming from the Greece situation is not a huge concern.
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”.