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China: Shanghai RMB Fund Launched
22 Feb 2012
The Shanghai government-owned Shanghai International Group has led a group of official and private investors to establish a substantial renminbi (RMB)-denominated fund that targets the financing of Chinese corporate investment overseas.
The Family Limited Partnership
20 Feb 2012
Over the last few years, the Family Limited Partnership (FLP) has become an increasingly popular vehicle for asset protection and succession planning within wealthy families.
Austria / Switzerland: Plan for New Agreement
17 Feb 2012
Austria has announced its intention to enter into an agreement with Switzerland similar to those recently signed by the latter with Germany and the UK.
UK: New Opportunity for Tax-Free Remittances from 6 April 2012
15 Feb 2012
A reminder that legislation will take effect from 6 April 2012 to allow non-UK domiciliaries to remit funds from abroad tax-free providing they are invested in UK commercial businesses.
Cyprus: Listing on the Emerging Companies Market (ECM)
13 Feb 2012
The Cyprus Emerging Companies Market (ECM) was launched in 2009 by the Cyprus Stock Exchange as an alternative to the main market. The ECM is specially designed for the needs of small and emerging companies, benefiting as it does from a simplified regulatory environment.