‘Only five big countries act as conduit-OFCs,’ the researchers from Corpnet said in a new report. ‘Together these five conduits channel 47% of corporate offshore investment from tax havens, according to the data we analysed.’ The two biggest conduits by far are the Netherlands (23%) and the United Kingdom (14%), followed by Switzerland (6%), Singapore […]
“The Heavens. Annual Report” Paolo Woods & Gabriele Galimberti Centre Assas | Université Paris 2 Panthéon-Assas AS A PART OF THE MOIS DE LA PHOTO DU GRAND PARIS 2017 The Université Paris II Panthéon-Assas and the Rencontres d’Arles are teaming up for a groundbreaking approach to the debate over major social issues by bringing specialists […]
While the world watches the Panama papers propaganda, Dubai finalizes the framework for the perfect British Offshore Investment Strategy, a tax information exchange agreement (TIEA) with the United Kingdom (UK) and the famous tax haven of Jersey to avoid double taxation and pave the way for the United Arab Emirates (UAE) to become a leading […]
Standard Bank Group has enhanced its banking app to allow Offshore Group customers access to their offshore accounts while they are on the move. The app allows account holders to view balances and transaction history on a smartphone, and also make cross-currency payments between their Standard Bank accounts. New features released in the future will […]
In a little over one year demand for the bank’s British expat buy-to-let offering has eclipsed that for its established mortgage lending in Jersey and Guernsey. Managing Director of Skipton International, Jim Coupe said: ‘We have been servicing expats with their savings needs for years and knew there would be a demand for buy-to-let mortgages […]
In the latest publication of the Global Financial Centres Index (GFCI), Jersey has retained the number one ranking amongst offshore jurisdictions. Jersey is the only offshore jurisdiction to be included in the top 30 International Finance Centres (IFCs). Jersey maintained a ranking of 28 from the previous index published six months ago. This is compares […]
Jersey holding companies, trusts and limited partnerships have been used by private individuals, family offices and institutional investors over many years for property investment. Jersey holding companies, trusts and limited partnerships have been used by private individuals, family offices and institutional investors over many years for property investment. The industry and structures involved in this […]
The largest of the British Channel Islands, Jersey has been at the forefront of the financial services regulation for over 20 years and is one of the World’s leading International Financial Centres (IFC). As a jurisdiction, the Island is recognized for its strong tradition of corporate governance and its robust regulatory regime. Jersey has a […]
Jersey has retained its top spot as the highest rated offshore jurisdiction in the latest biannual Global Financial Centers Index (GFCI) despite an overall fall in the rankings for the Channel Islands amid fierce onshore competition. Among offshore territories, Jersey placed highest in 28th place, next followed by Guernsey (31st), the Cayman Islands (41st) and […]
WARNING: U.S. Persons who Purchased a Retirement Plan, Savings Plan issued from the Isle of Man, Dublin, Guernsey or U.K. Life Insurance Company are holding a British Style Life Policy (lump sum or savings plan) which requires annual reporting as a PFIC and suffers annual taxes on the growth of 36.9% and huge annual penalties […]
RBC Wealth Management has continued its recent award success by being named the Best Private Bank in the Channel Islands at the 2012 World Finance Banking Awards. World Finance’s judging panel used a wide range of criteria to decide the recipients of the 2012 awards. These included assessing each firm’s performance, the variety and clarity […]
We have noted with disappointment the comments made by the leader of the opposition, Ed Miliband, over the weekend, in which he urges action by the EU against British Crown Dependencies, including Jersey. It is disappointing when political leaders choose to make inaccurate accusations about Jersey which do not reflect the positive contribution that Jersey […]