Andrew Baker, Chief Executive Officer of AIMA has voiced huge concerns regarding the recent activities surrounding the European Parliament’s Economic and Monetary Affairs Committee (ECON) and that European finance ministers at the ECOFIN meeting have agreed to give the Presidency the mandate to negotiate on behalf of the Council with Parliament.

For those of you coming along to our BVI House event on the 3rd June (details here) will no doubt be able to listen and talk to Andrew in more detail regarding these concerns. But in summary AIMA's concerned that “many of the proposals in the texts ...

New draft regulations under the alternative investment fund manager directive to increase the control over the hedge fund and private equity industry were approved yesterday by EU finance ministers.

George Osborne  agreed on the EU directive on his first visit to Brussels as UK finance minister. Talks will begin on May 31 with a view to outlining a set of rules before the summer break. EU ministers agreed to note the concerns expressed by the UK which hosts about 80 per cent of Europe’s hedge fund industry.

Aima chief executive Andrew Baker warns that if the EU pushes through ...

Sherri Ortiz, Executive Director of the BVI International Finance Centre (BVI IFC), points out in this recent interview that the BVI had committed to the OECD principles of tax transparency and effective exchange of information and has signed its first Tax information Exchange Agreement (TIEA) with the US. You can view the video by clicking here.

I'm also pleased to say that Sherri will also be speaking at our yet to be 'officially' announced BVI House event in June. Her presentation will be entitled "New Era for Financial Services” and will talk about the International community's push for ...