Financial Services - Related News
The Australian Securities and Investments Commission (ASIC) and Australian Government launched Australia’s new financial capability strategy on 21 August 2018. The strategy aims to put Australians in control of their financial lives. Europe Economics undertook economic modelling for ASIC as part of the work leading up to the strategy’s launch. This work was led by Ross Dawkins.
Europe Economics has just completed a study for Jersey Finance on the role of Jersey in facilitating the effective and efficient management of pension and other institutional investment assets. This work was led by Ross Dawkins and Deborah Drury. Ross said: “This research helps explain how tax neutrality plays a vital role in supporting institutional investment. For institutional investors who make cross-border investments into non-tax neutral countries, creating tax transparent vehicles can be complex and costly. Investing through a tax neutral International Finance Centre like Jersey avoids these complications. It makes it easier to make cross-border investments, creates more diversified portfolios, and delivers better returns. Ultimately, this benefits everyone – especially the people on the street who rely on their pension.” The report can be downloaded here.
One of our Consultants, Vasileios Douzenis, has had an article published in the International Banker, looking at how the UK's current account deficit can be viewed in a more positive light. You can find the article on page 19.
Dr Andrew Lilico discusses how “regulatory equivalence” might help the City post-Brexit on the news site Reaction.
Dr Andrew Lilico has spoken on Radio 5 Live’s Wake up to Money programme to discuss the Bank of England’s interest rate cut (32m 41s on).