FORWARD FEATURES CALENDAR

Compliance

Bahamas on track with information exchange agreements

The Bahamas has concluded Tax Information Exchange Agreement negotiations with 23 countries, signed ten agreements and will meet the G20/OECD’s March 2010 deadline of a minimum of 12 signed agreements. To date, The Bahamas has signed ten TIEAs with the US, Great Britain and Northern Ireland, China, France, New Zealand,

HMRC clarifies bank payroll tax

HM Revenue & Customs has clarified what constitutes a bank following its announcement on 9 December that it will be implementing a bank payroll tax. According to Kinetic Partners, HMRC has confirmed that the bank payroll tax is aimed at retail and investment banks and to banking groups and does

Ireland Tanaiste Mary Coughlan

Law to enhance efficiency of fund re-domiciliation to Ireland

The Irish Funds Industry Association has welcomed new legislation passed by Seanad Éireann, the upper house of the Irish parliament, which will enable investment funds to re-domicile to Ireland simply and efficiently. The Companies (Miscellaneous Provisions) Act 2009 provides a clear framework designed to address and minimise the challenges currently

Law firms Lovells and Hogan & Hartson to merge

The partners at law firms Lovells and Hogan & Hartson have decided to merge the two firms.  The new firm will be called Hogan Lovells and will have approximately 2,500 lawyers operating out of more than 40 offices located around the world. Subject to regulatory clearances, Hogan Lovells will come

Regulatory arbitrage a major threat in 2010, survey finds

Current attempts to tighten the regulation of financial services could lead to regulatory arbitrage among countries, according to a survey by advisory firm Kinetic Partners. The survey, which was carried out by Kinetic Partners at an industry event held last week, found that this may weaken, rather than strengthen, supervision

HMRC gets serious on abuses of EIS, says Oxford Capital

HM Revenue & Customs intends to consult on how to ensure the enterprise investment scheme is targeted appropriately at businesses. Richard Hoskins (pictured), manager private client services at Oxford Capital, says some providers have been using limited partnerships to abuse the EIS rules.  “If advisers and investors back products aiming

Guernsey Lyndon Trott

Guernsey’s Chief Minister questions onshore/offshore divide

Guernsey’s Chief Minister Lyndon Trott has told a major London conference that the island should not be “dismissively” compartmentalised as an offshore centre. He was speaking at The Future of Onshore and Offshore Financial Centres Conference alongside Jeffrey Owens, director of the Centre for Tax Policy and Administration at the

Sigma Joe Seet

Revised EU directive threatens to topple London as leading financial centre

Sigma Partnership says it is becoming increasingly apparent to US, Asia and non-EU based managers and advisers that the EU directive is more protectionist than ever. The key decision makers in Europe are influencing revisions that favour a “Fortress Europe” stance, such as the deletion of certain restrictions, it says.

Conyers Dill Pearman John Collis

Conyers to advise on Cyprus law

Multi-jurisdictional law firm Conyers Dill & Pearman will be adding Cyprus legal advice to its roster of jurisdictions. The Cyprus practice will be launched out of Conyers’ Moscow office, and the firm will provide advice on all aspects of Cyprus corporate law. Cypriot law firm Antis Triantafyllides has entered into

AIC Ian Sayers

AIC warns of dangers of neglecting VCTs

The Association of Investment Companies says the Rowlands Growth Capital Review fails to consider venture capital trusts’ role in supporting the UK’s small business sector.  It says the report correctly identifies that smaller companies face difficulties in securing growth capital, but believes the proposal for a new fund to bridge

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12 November, 2026 – 5:00 pm

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