Mark Davies warns of security risks for those named in Panama papers

The posting of a searchable database containing the names of the thousands of individuals whose names were contained in the so-called Panama Papers documents could represent a security risk for those named, according to a London adviser who looks after UK resident, non-domiciled clients. Mark Davies, managing director of Mark Davies & Associates, noted that in spite…

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Panama papers provoke ‘Tidal Changes’ – Mark Davies tells Private Client Advisor online

A tide of financial transparency is sweeping across the world. Swimming against it is folly; it will have severe reputational and financial consequences The revelations from the recent Panama Papers leaks continue to make headlines around the world. The leaks have laid bare the private affairs of high-profile politicians, celebrities, and sports personalities from around…

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Update on the reform of the taxation of foreign domiciled individuals

Last Summer George Osborne announced wide scale reform to the taxation of foreign domiciliaries or non-doms with effect from 6th April 2017. Firstly, measures were proposed against “boomerang non-doms”, these are people born in the UK with an English domicile of origin, who leave the UK and acquire a domicile of choice abroad, but subsequently…

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