11/12/2014

Seychelles Central Bank takes control of beleaguered BMIO bank

On October 24, CBS announced that BMIO’s lack of foreign banking representatives left the bank unable to process outward foreign currency transfers for its clientele, leaving its clients abroad unable to perform transfers or deposits.

10/31/2014

Guernsey assigned AA+ credit rating by S&P

The international credit rating agency, Standard & Poor's, has assigned Guernsey a high grade AA+ credit rating and has confirmed that the outlook is stable.

10/30/2014

Who's Who Legal

In this section we analyse the findings of our research in greater depth to identify the firms and practitioners who stand out worldwide.

10/30/2014

Switzerland remains largest offshore financial centre

A huge global pressure to break secrecy veils of Swiss banks notwithstanding, Switzerland remains the world's largest offshore financial centre with client assets totalling over USD two trillion, a new study said today.

10/20/2014

Compliance biggest concern for law firms

Kinetic Partners, the global professional services firm, has released new research showing that 70 per cent of lawyers polled expect enforcement and compliance to be the most likely cause for litigious action in the financial services industry over the ne

10/16/2014

Latest AIFM research launched at Crestbridge forum

Launched at a special Crestbridge Forum, attended by over 100 highly influential fund sector specialists in Luxembourg on Thursday 2 October, the IFI Global ‘Impact of AIFMD’ report examined opinions on the impact of the introduction of the Di

10/14/2014

Cayman drops 11 places in financial center rankings

If the overall rating in the index is higher than the score from survey responses, he wrote, the result reflected a reputational disadvantage. All offshore centers in the ranking suffer from this reputational weakness.