03/26/2019
Notable achievements in the centre’s business sectors included the 12.5 per cent growth – 1,059 incorporations – in new company incorporation, mainly from the Far East region, with the majority from Japan, China and South Korea.
03/26/2019
Hundreds of houses in off-shore havens
Of these, 362 are owned by companies based in so-called secrecy jurisdictions, or tax havens – countries whose laws allow them to keep their financial activities private or to pay a low amount of tax.
03/26/2019
The report, which surveyed 200 wealth managers, highlighted the need for wealth managers to begin choosing technologies that will help them to provide more effective client services.
03/26/2019
Marco Rubio, says he is ‘very concerned’ about China’s efforts to extend influence into Latin American and the Caribbean
03/25/2019
Jersey’s new International Savings Plan expected to drive new employee benefit business from overseas
ZEDRA’s Head of Employer Solutions, Elaine Graham, says it is likely that international firms will look to Jersey as they consider flexible employee savings arrangements to retain talent.
03/24/2019
Guernsey survey points to funds distribution shift
Guernsey’s European distribution is through National Private Placement Regimes, which provide a proven, smarter, faster and cheaper route to access European investors.
03/24/2019
Barita Entering Investment Banking
Barita mainly offers boutique stockbrokering services and unit trust instruments to clients.
03/22/2019
The Shifting Gears report says that the transition is happening, with investors backing the Principles for Responsible Investment
03/21/2019
The new DIFC office is regulated by the Dubai Financial Services Authority and will promote trust and fiduciary services for clients including high-net-worth individuals, family offices and corporations.
03/20/2019
Trend toward onshore and mid-shore jurisdictions continues
03/20/2019
Whether or not the rally can be sustained is yet to be seen, but the sharp upswing demonstrates the potential for smaller markets to make progress under the right set of circumstances.
03/19/2019
It is a tradeoff, so that's why we are excited
03/19/2019
The information about the offshore bank accounts of Pakistani nationals was shared with the government by the Organisation for Economic Cooperation and Development (OECD).
03/19/2019
In just one period of over six month, Wireberg sent $98.7 million to Formus’ Swedbank account in at least 161 transfers for “electronic equipment.”
03/18/2019
All At Sea - The misguided war on offshore financial centres
The law enjoyed cross-party support and was advertised as an attempt to combat financial crime. But, since these countries had already entered into data sharing agreements with the British authorities, including the police and Her Majesty’s Revenue
03/18/2019
Buckingham Palace Road is also home to a large number, with an estimated value of £350 million.
03/15/2019
Late last year, the Mottley administration moved to bring all registered companies tax rates on par with its low tax rate on offshore businesses domiciled here.
03/14/2019
What is surprising to many though is that the percentage of the population who are “super rich” is increasing and passed the one in three threshold for the first time before 2018 even.
03/13/2019
ECOFIN's decision also follows a further commitment made by Guernsey in December 2018 to work with the EU on sharing beneficial ownership information, such as through an integrated platform.
03/12/2019
Shady dealings are starting to look like corruption