Justin Woodhouse has become the sole head of PwC's tax team in the Channel Islands after the retirement of predecessor Wendy Dorman at the end of June.
Service providers report that while financial institutions have coped well since the introduction of the Foreign Account Tax Compliance Act (FATCA) a year ago, they must prepare for a bigger, global challenge.
Heather Maloy, the IRS commissioner for the Large Business & International (LB&I) division, is joining EY's National Tax department as tax controversy leader.