Category - Data
Category - Data
For all the innovation that goes on in our sector, the exchange of data between parties is often at odds with the standards we’d all expect.
When navigating tax laws and gathering the right information to ensure compliance, investments in offshore funds may present a challenge for family offices. With offshore investment funds growing in popularity, the first thing to know is that holders are liable to tax on income and gains even when it is not obvious that any income […]
The recent update of the Offshore Reporting Fund product page on the FSL website includes a number of new additions. A video and Factsheet provide details of why FSL’s Offshore Reporting Fund Solution is a superior product for excess income reporting or reporting for tax on offshore investments. There is information on what is provided as […]
experts in providing ORF dataAs defined in UK tax legislation, Offshore Funds are investment schemes of which the trustees or operators are non-UK residents. Certain types of offshore funds are regarded as reporting funds which means investors need to pay tax to HMRC when disposing of such funds. HMRC implemented new legislation – The Requirement […]
It is probably since the 1998 publication of John Elkington’s influential book – Cannibals With Forks: The Triple Bottom Line of 21st Century Business that the division between the financial, social and environment sectors started to break down. In this book, he presented the idea of “Sustainable Business” which takes environmental and social factors into […]
In the darkest depths of the FSL storeroom there are two large, and very dusty, filing cabinets filled with a wealth of information about the financial markets. The cabinets contain thousands upon thousands of microfiche copies of London Stock Exchange data. One set contains the Daily Official Listings of all the securities held by the […]
Bringing greater flexibility to our handling of currencies and the countries in which they circulate, has been one of those projects that turned out to be a fascinating lesson in global geopolitics as much as a technical challenge. On a daily transactional basis – Prosaic! But when taking into account the historic basis of a […]
FSL’s Offshore Reporting funds service continues to gain momentum as more financial institutions realise the potential of this value added service. During the last 12 months our client base has increased three fold as 100% of our existing clients made the decision to take this service again...