Pinsent Masons: Financial institutions based in certain British Overseas Territories (BOTs) and Crown Dependencies (CDs) will be subject to stricter reporting requirements covering accounts held with them by UK resident non-UK domiciled taxpayers from 2016 if specific "carve outs" are not negotiated, an expert has said.
Full story: http://www.out-law.com/en/articles/2014/october/tougher-disclosure-rules-for-offshore-accounts-held-by-non-doms-once-single-tax-reporting-standard-in-force/?