Wealth and Asset Management

Wealth consolidator forks out £8m on double acquisition

ZEDRA Announces Close of Strategic Minority Investment from BCI

Carey Olsen advises Carey Commercial on its sale to Suntera Global

Praxis looks to expand yacht services offering with planned acquisition of Sarnia Yachts

Praxis reports strong organic growth in 2022 year-end results

Suntera Global bolsters Guernsey presence with acquisition of Carey

Executive Moves

PartnerRe promotes ESL vice president

McGill & Partners snaps up former Aon executive

Rebecca Raisley to support growth at Arch Insurance

Mark Maritzen joins Everest Insurance

MDM grows with new additions

MDML hires Bermudian Associates to grow team

Tax

Top 15 Offshore Tax Havens in the World

Fiscal consequences of corporate tax avoidance

Switzerland and Slovenia sign protocol of amendment to double taxation agreement

The woe of taxing offshore remittances using credit cards

Why taxing the world’s biggest companies at 15% won’t fix the gaping hole in global tax rules

BCCEC calls for comprehensive tax reform amid corporate income tax consultations

Regulation, Risk & Compliance

Channel Islands based ESH Solutions to partner with Kagool

International Data Transfers

Cayman Islands Issues General Licence For Payment Of Legal Fees

Central Bank announces technical developments, upgrades for mobile wallet holders

Fraudsters target Republic Bank customers, cards compromised

No digital currency mandate in Jamaica - officials

Comment, Analysis & Research

Captives still largely a self-insurance tool: David Gibbons, PwC Bermuda

Ratings upgrade for Convex companies

JTC’S Isle of Man office Celebrates its Fifth Anniversary

Inflation’s hard bite: 121,000 struggling to make ends meet

Guernsey's loss is Europe's gain

BVI courts resume in-person proceedings

Legal

Viberts Associate has been shortlisted in the Jersey Finance 2023 Rising Stars Awards

Harneys advises SEALSQ Corp on NASDAQ listing

Four Hong Kong Partners recognised in Asian Legal Business Offshore Client Choice 2023

Carey Olsen advises Sarnia Yachts on its acquisition by Praxis

Walkers advises Apex Group Ltd on MJ Hudson acquisitions in Jersey and Guernsey

Carey Olsen advises on Smarter Microelectronics' ¥1.5 billion IPO

AIM and Hedge Funds

United Kingdom highlights Panama’s investment opportunities and features in ‘green’ infrastructure

Ravenscroft launches ‘Higher Income Fund’

Apex Group adds to client offering with close of Mainspring acquisition

Canada and US top targets for alternative assets fund raising in 2023

Swiss Trustees – A preferred choice for private clients

Somerset Re subsidiary gets A- financial strength rating

FinTech

Effort to improve cybersecurity and privacy standards

BML introduces new digital banking assistant

Valid enrolls Andorra Telecom in its new Environmental Compensation Program to help offset the plastic used in SIM card manufacturing

Jamaica confirms the development of a digital marketplace

Resolution IT Jersey launches Enterprise Professional Services

Family offices turn to crypto as client demand grows

Planet SOS

New Maples Group Analysis Shows 40% Growth in Irish Sustainability Funds

GIIA commit to ESG improvements

Solar power projects in 20 islands

GB Power grows solar to 10% of energy mix

Bahamas in new Caribbean renewable energy honour

Oak Group balances personal carbon emissions for all employees

Covid-19

Jersey significantly reduces Covid requirements including no masks, WFH or contact tracing [latest]

Time To Align

New measures to combat the Covid-19 pandemic in the workplace introduced in Luxembourg

Updated protocols as some islands ease travel restrictions

Vaccination status and flexible workstyle influence consumer optimism

The new rules of travel: What we know and what we don’t