Managers of Wealth Offshore

Almost 60% of Guernsey islanders under 50 don’t have a will

Some of the barriers identified included cost, thinking they are too young to need one, lack of understanding of how to set one up and not having enough time.

Guernsey's local market housing boom - what does it really mean for first-time buyers?

This amounts to the largest annual rise in average property prices since 2008, and unofficial figures for 2021 show the local market median for the first quarter currently stands at a hefty £550,875 – all of which makes for discouraging readin

Growth, value or quality?

NBER has defined 11 cycles from 1945 to 2009, with each cycle lasting on average five-and-a-half years.

Funds need operational agility to capitalise on restructuring opportunities

Over nine in 10 (92%) of respondents in our capital markets survey, Navigating CovExit: searching for value in the debt markets expect corporate insolvencies and restructurings to present opportunities to them.

AM Best Assigns Credit Ratings to Fortitude Reinsurance Company Ltd.

The ratings reflect Fortitude Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

Third of finance firms accelerate use of artificial intelligence to detect money laundering

Financial services firms are stepping up their use of artificial intelligence and machine learning technology to fight increasing money laundering activity

Number of funds in Cayman continues to grow

Government introduced the Private Funds Act in January 2020 in response to international regulatory pressure, in particular the European Union tax blacklist.

Why not retire in Jamaica?

As the vice-president of a Fortune 500 company, she went to work every day online, her children attended school, and they all experienced a better quality of life while California grappled with the pandemic.

Record-setting Q2 for ILS market as $5.6bn raised, Aon reports

Strong appetite for ILS issuance during the second quarter of the year has pushed the market to a new ‘record-breaking’ pace, according to Aon Securities latest report, with $5.6bn in new issuance.

Survey: 13% of tourism stipend workers have full-time jobs

In the survey, 49% of respondents said they were not currently working, with vast majority stating they had no other source of income.

Not Always What It Says On The Tin: The Pitfalls Of 'Without Prejudice' Privilege in Jersey

Importantly, WPP may only be waived by both parties. Unlike other types of privilege, it may not be waived simply by one party.

Labuan IBFC awarded Best Asian Captive Domicile 2021

Third win for the midshore jurisdiction, as growth in captive insurance licenses continues to outpace Singapore and Hong Kong

European securitization trends 2021: leasing, non-performing loans and ESG opportunities surge

Over a year on, such assets can be scrutinised much more accurately, providing originators and investors with a clearer view of credit quality.

MALTA: Interim reporting season started

Invariably, at times, share prices become particularly volatile during the reporting season as the market reacts to the announcement and to the guidance provided by companies.

REITs – a force for good?

Dean Hodcroft, Crestbridge Chief Executive, was joined by Crestbridge Directors Simon Todd and Ana Kekovska for the video discussion which took place live and with an audience in attendance.

The SPACs renaissance and the offshore advantage

BVI and Cayman companies are also tax neutral, meaning there is no additional layer of taxes

9 countries that offer citizenship-by-investment

Investment requirements, options for dependents, benefits and processing times for direct citizenship-by-investment to nine countries.

Is their wish your command? Thoughts for trustees and settlors on letters of wishes

A common issue with letters of wishes is that that they are not kept up to date.

Is smart money on gender investing?

The Asia Foundation, which works across 18 countries in the region, believes the more women that participate in an economy, the more successful that economy.

Call for cap on number of super-rich immigrants

THE number of super-rich immigrants moving to the Island ‘should be restricted’, a Scrutiny Panel member has said, following news that a growing number of high-net-worth individuals have shown an interest in relocating to Jersey.

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