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StanChart PB launches automatic asset segregation service to reduce tax reporting burden

Doubts over the UK election outcome have no deterred investors in the London property market

Standard Chartered Private Bank has launched a new platform allowing non-domiciled British residents to separate their UK and non-UK assets, thereby reducing the burden associated with tax compliance. The new technology-based service will provide clients access to an extensive investment product suite — including global equities, funds, and discretionary investment mandates booked in Jersey on the condition that the user…

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