Agreement reaffirms Jersey’s Commonwealth ties

The work programme includes measures to support each other’s mutual objectives, including for inbound and outbound Ministerial visits that Jersey pursues with priority jurisdictions.


CIMA figures show Cayman on track for a strong year

The regulator’s figures show there were a total of 770 insurance licensees under CIMA supervision by the end of the first half, the majority (678) related to international insurance markets. Nine out of ten companies insured risks in North America.


European banks report $24 billion in offshore profits

The independent research lab hosted at the Paris School of Economics said based on country-by-country data reported by 36 systemic banks themselves, their presence in “tax havens” had remained stable since 2014.


The wealthy clients of Pilatus Bank

Pilatus Bank served as a clearing-house for hefty, multi-million transactions for PEPs. An FIAU penalty of €5 million revealed the extent of its activities