14 Jan 2008
The Association of Foreign Banks has warned the UK that it is running the risk of making the country a less attractive home for banks because of recent tax policies.
AFB managing director John Treadwell said the government needed to be careful about sending out messages that suggested London was 'not a friendly place for foreign banks'.
'The government is in danger of going down this route with its recent announcements on, for example, offshore accounts, proposed taxation changes for non-domiciled residents, changes to residency rules and the new work permit system,' Treadwell told the FT.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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