Financial Regulatory Forum

ANALYSIS – Caymans woos investors with immigration incentives

By Reuters Staff
December 29, 2009

Ugland House (R), which houses the office of the Cayman Islands' largest law firm Maples and Calder and is the registered office of some 18,000 companies, on Grand Cayman Island is seen in this handout released September 25, 2009. By Shurna Robbins

GEORGE TOWN, Cayman Islands, Dec 28 (Reuters) – The Cayman Islands are promising immigration incentives to keep foreign firms from quitting the Caribbean hedge fund hub, but locals want a bigger share of jobs in the lucrative financial sector.

Britain’s offshore havens asked to bump up taxes

By Reuters Staff
October 29, 2009

By Huw Jones
LONDON, Oct 29 (Reuters) – Britain’s overseas financial havens should bump up taxes to wean their economies off credit crunch hit banking, insurance and funds services, a government-commissioned report said on Thursday.

U.S. tax evaders rush to beat amnesty deadline

By Reuters Staff
September 14, 2009

By Kim Dixon
WASHINGTON, Sept 14 (Reuters) – Rich Americans who have evaded taxes by hiding foreign holdings have about a week to turn themselves in to an Internal Revenue Service amnesty program or gamble they will not be caught.
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Cayman Islands says competition prompts UK stance

September 3, 2009

cayman-islands-flag   By Lorraine Turner
   LONDON, Sept 3 (Reuters) – The UK government’s move to block loans to the Cayman Islands is designed to disadvantage a competitive rivalry in financial services at a time when the UK sector itself is under threat, said the head of the islands’ regulatory agency on Thursday.
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