Archive for 'Banking & Finance'
Alternative Investment Management Association (“AIMA”)
Established in 1990, the Alternative Investment Management Association (AIMA) is the only truly global hedge fund association. It represents all practitioners in the alternative investment management industry – including hedge fund managers, prime brokers, legal and accounting services and fund administrators. The association centres it activities on education, regulation, policy development and in the establishment [...]
Full StoryThe Benefit of Offshore Trusts
For many years UK taxpayers benefitted greatly by transferring (settling) their assets in offshore trusts, but increasing ant-avoidance legislation has led people to believe that there is no point in using an offshore trust any more. Whilst it is true that the tax advantages are no longer as good and they once were the fact [...]
Full StoryGordon Brown’s Business Loan Scheme is a Flop
Despite the Prime Minister hailing it as a success, it emerged over the weekend that only about £12 Million of the £1 Billion government loan guarantee scheme has actually been lent to companies. Last week Gordon Brown sought to defend the government’s record on helping business by repeatedly citing the £1bn loan guarantee scheme as [...]
Full StoryBank for International Settlements (“BIS”)
The Bank for International Settlements is an organisation that fosters co-operation between central banks and other agencies in pursuit of monetary and financial stability. It provides facilities for international financial operations and acts as agent or trustee in international financial settlements. Its banking services are available exclusively to central banks (such as the Bank of [...]
Full StoryMandatory Bid
In respect of the “City Code”, a bid required under Rule 9, basically where: the bidder and any persons acting in concert acquire shares carrying 30% or more of the voting rights of a target; or if a bidder, together with any concert parties, holding not less than 30% but not more than 50% of [...]
Full StoryFinding The Right Accountant
Accountants come in all shapes and sizes, both good and bad. To many people they are a necessary evil but a good accountant can add value to your business and help you sleep at night. But how do you find the right one for you? The first step is to accept that you need an [...]
Full StoryAre Personal Pensions Worth Having?
Taking out a pension does not guarantee you a comfortable retirement. You have to pay enough into it to make it worth while. How much you need to pay in will depend on what type of pension scheme you are a member of and also whether you are self-employed or not. You can pay as [...]
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