Offshore Investment

Councils with hundreds of millions of pounds trapped in collapsed Icelandic banks could get most of their money back.

IFAs could face the threat of legal action from clients with money trapped in failed Icelandic bank subsidiary Kaupthing Singer & Friedlander Isle of Man (KSFIOM) if the proposed compensation scheme does not return their ensnared savings.

A receiver unraveling Sir Allen Stanford's business empire has urged 66 financial advisers to return 'huge' commissions and bonuses paid by the company.

The Swiss bank Credit Suisse is edging towards closing the accounts of thousands of American customers as tax authorities in Washington step up a campaign against offshore banking secrecy.

Here we list who has moved where in another busy week in the offshore sector.

The dust is settling on the banking secrecy saga of the past few months. To those with a clear conscience, it is evident that the Swiss government's decision in March to ease its banking secrecy regime will make this sophisticated Alpine jurisdiction...

The receiver unraveling the Stanford empire web has urged 66 financial advisers to return 'huge' commissions and bonuses paid by Sir Allen Stanford's company to sell the financial products and certificates of deposit (CDs) at the centres of the alleged...

KSFIOMDAG, the depositors' action group for failed bank Kaupthing Singer & Friedlander Isle of Man (KSFIOM), has branded the Treasury's Scheme of Arrangement (SOA) proposal "unsatisfactory".

Gordon Brown has set a September deadline for British Crown Dependencies and overseas territories to sign up to Tax Information Exchange Agreements (TIEAs) or face sanctions.

Nearly two thirds of advisers are contemplating using offshore bonds as the sector becomes increasingly mainstream, research suggests.