WASHINGTON, D.C., July 25, 2017: Help capture and share the impact of financial inclusion around the world by submitting photos to the 2017 CGAP Photo Contest, now open for entries. Financial services play an important role in helping reduce extreme poverty and increase prosperity, yet two billion people remain financially excluded. They lack access to […]

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The Netherlands is the biggest conduit to offshore tax havens in the world, with almost a quarter of fiscal constructions having a Dutch link, according to researchers at a specialist unit at the University of Amsterdam. ‘Only five big countries act as conduit-OFCs,’ the researchers from Corpnet said in a new report. ‘Together these five […]

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A specific type of Hong Kong pension law framework, when structured compliantly, can produce a cross-border financial structure that is government regulated, registered and recognized to reduce the cost of tax for cross-border investment into and out of Canada. A Hong Kong ORSO is after tax contribution with the idea that withdrawals after age 55 […]

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The authorities are appropriately maintaining the peg of the Iraqi dinar to the U.S. dollar, which provides a key anchor to the economy. Measures to prevent money-laundering, counter the financing of terrorism, and strengthen the anti-corruption legislation need to be implemented. The authorities are implementing a sizable fiscal adjustment, mostly through retrenchment of inefficient capital […]

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New Study Finds Online Banks Offer Savings Yields Four Times Higher than Traditional Banks & Credit Unions For those looking to earn more interest on savings accounts, internet banks are increasing APYs at a faster rate than traditional counterparts CHARLOTTE, N.C., Aug. 8, 2017 /PRNewswire/ — A new study by DepositAccounts.com, now part of LendingTree®, […]

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