Bermuda labels EU ‘uncooperative' 19/06/2015 Bermuda has responded to being listed by the EU on its blacklist of “uncooperative” non-EU states, by saying it’s the EU that is acting in an uncooperative manner. The list consolidates national tax ‘blacklists’ as they stood six months ago, and includes any jurisdiction on 10 or more Member States’ lists.
The UK and Channel Islands almost match Switzerland in size as offshore wealth management centres 17/06/2015 The volume of wealth booked in offshore centres is relatively small compared to the volume booked in onshore financial centres. But at around $10 trillion at the end of 2014, according to according to Global Wealth 2015: Winning the Growth Game, Boston Consulting Group’s (BCG) latest global wealth report, it is still substantial and helps support a number of important financial centres, not least the Channel Islands.
The week on eprivateclient 15/06/2015 A round-up of some of the biggest stories on thewealthnet's sister publication eprivateclient last week