Panicked British expats in Cyprus are desperately trying to withdraw their cash from ATMs after being hit by the news that the government is to implement a bank savings levy as part of the £9bn EU bailout agreed last week.
London & Colonial is on the brink of launching two versions of a Gibraltar-registered QROPS - a ‘lite' version alongside a full QROPS product are planned to come on stream this April.
More financial centres are believed to be on the verge of signing an exchange of information agreement with the UK. Guernsey is the latest to announce it's intention to finalise a draft agreement on a proposed tax package with the UK which comprises an...
Jersey's Financial Services Commission (JFSC) has ruled that all advisers working for Jersey businesses registered to give retail investment advice must achieve QCF Level 4 qualifications by the end of this year.
The Daniel Stewart Mercury Forex Currency Fund is set to start trading in April 2013. Aimed at expert and institutional investors, the Gibraltar-based fund has been launched in conjunction with Swiss firm, Mercury Forex.
Dubai's Financial Services Authority (DFSA) has been forced to issue another alert to both the financial services community and members of the public of an email scam distributed in its name.
The stark warning from Cyprus' outgoing finance minister that the island will run out of money come May has panicked depositors into withdrawing funds and causing the new finance minister to issue his own warning that the Cypriot banks will be at risk...
The falling value of the pound means that the cost of running an overseas property has increased and those wishing to sell face a rising capital gains tax bill.
Investors who want to capture the Asian market premium will do so in a better way if they use indices designed with an efficient weighting scheme, according to a study by the EDHEC-Risk Institute.