pension funds, investment trusts, unit trusts and offshore funds.
You have stated that "Investors in offshore funds want transparency."
Electronic banking is providing easier access to untaxed offshore funds.
Method for refund when the offering and sale of offshore funds fails to be executed;
In most parts of Asia this also is nil, and thus investment into offshore funds becomes very attractive.
Because they also won't need the pre-investment regulatory approvals that are required for offshore funds, RMB funds may be more nimble.
Strategically located, Singapore has the reputation as an attractive financial centre and is an outstanding place for offshore funds.
The parliamentary draft appears to ban EU investors from placing money with any offshore funds that do not meet European rules.
Article 21 If a sub-distributor ceases to handle the business of offering and selling offshore funds, it shall immediately notify the master agent.
Perhaps one-third of offshore funds in Switzerland are from places where the wealthy may not pay much tax anyway, including Russia and the Middle East.
