Financial News

The beginning of the end for Tax Havens

Over the last 10 years or so, we have reported on a number of new initiatives to clamp down on offshore tax evasion. The Savings Tax Directive in 2005 heralded a new era, but it was not the end. Spurred on by the financial crisis, governments became even more determined to attack offshore tax havens ...Full Article

Stockmarkets reaching for new highs

The media tends to focus on bad news rather than good, and investment news is no exception. The media are quick to report market falls, ...Full Article

Luxembourg for investor protection

The banking crisis in 2008 undermined the financial strength of institutions such as banks, but for many people the threat had receded since then. Until, ...Full Article

More Exchange Of Information Ahead

It looks like more and more automatic exchange of information agreements will be signed over the coming years. Following on from the US’s revolutionary Foreign ...Full Article

New UK Tax Residence Test Now In Effect

The UK finally has a Statutory Residence Test, which came into effect at the beginning of the new UK tax year on 6th April. This ...Full Article

Bank Deposits After The Cyprus Crisis

The events in Cyprus shocked bank depositors across Europe and beyond. It was a wakeup call for anyone who still thought of cash as a ...Full Article

Pensions Liberation… all that glisters is not gold!

The UK Pensions Regulator has launched a campaign to warn consumers and pension professionals about so called “pension liberation schemes”. These schemes are promoted as a ...Full Article

After four years of low interest rates, are negative rates next?

We have just passed the four year anniversary of the 0.5% UK interest rate. Back on 4th March 2009, few people predicted that the Bank ...Full Article

Asset Reporting Obligations

You will soon be able to file your first declaration under Spain’s new overseas asset reporting law. While the deadline is 30th April, forms can ...Full Article