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2020 Annual Results

The PraxisIFM Group has reported a 7% increase in revenue to £60.5m (2019: £56.3m). In its Annual Results for the year ended 30 April 2020, the financial services group acknowledged the challenges of a difficult 12-month period and outlined the actions taken to refocus the business. The key points from...

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BVI Economic Substance Law

The British Virgin Islands (BVI) has passed legislation requiring certain legal entities which carry on ‘relevant activities’ to demonstrate that they have adequate economic substance in the BVI. Any company (or limited partnership with separate legal identity) that is registered or incorporated in the BVI should be aware of this...

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IFM’s expertise a boost for KID clients

Our experience of producing key investor documentation to clients under existing UCITS regulation has enabled us to create a one-stop solution for in-house and third party clients affected by the new Packaged Retail and Insurance-based Investment Products (PRIIPs) regulation. Here, Shaun Robert, Director of IFM, discusses the requirements. Summary The...

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