Managers of Wealth Offshore

Essential Worker Antibody Survey results

As part of the Government of Jersey’s response to the COVID-19 pandemic, the Essential Worker Antibody Survey was conducted between 21- 29 May and 1 – 7 June.

Wealthy are saving their money in the Swiss Alps

These spaces are being carved into the base of mountains to offer a secure option

Small businesses are not getting help

Can someone please assist small businesses, not just go on TV and give empty promises that we small businesses cannot benefit from.

Record breaking first half for TISE, despite COVID-19

Overall, at 30 June 2020, the total number of securities listed on TISE had grown to 3,030 and the total market value of those listed securities had risen to more than £400 billion.

The impact of COVID-19 on asset valuations

During the session, a poll was taken to gauge the view from the audience on what they believe the most likely pandemic exit scenario will be, with 45% and 40% expecting an ‘extended intervention period’ and ‘COVID resurgence scenario&

Trust Essentials

We hope you enjoy this edition of Trust Essentials, and, as always, do not hesitate to get in touch with your regular Ogier contact, or representatives from our Global Trusts Advisory Group for further information.

Banker: Put Homes Above Life's Luxuries

Mr Bowe said too many Bahamians were taking themselves out of being able to afford a home by prioritising high-end luxury goods

Channel Islands Funds Quarterly Update: Q2 2020

Under the MDR regime, Jersey promoters and service providers will be required to provide the Comptroller of Revenue with information on avoidance arrangements and opaque offshore structures.

In the EU, it’s tax haven for me and not for thee; Dubai’s terrifying new model for hiding money

The problem is that the European Union does not think any of its own members, or even any of its friends, are tax havens.

Rapidly Changing Behaviours In 2020 Are Accelerating Consumer Embrace of Digital, Health, and Sustainability Trends, Says PwC

The survey results reveal that the pandemic and the ensuing social distancing measures put in place have led to fundamental changes in how consumers work, eat, communicate, and take care of their health.

Family Office Feature: In Conversation With Heather Maizels

Increasingly families are setting up new funds, becoming multi-family offices, or developing a wider investor base, and here Jersey’s fund capabilities are important with choice of structures and importantly, a real understanding of the world of sus

Jersey announces financial support for Blue Islands

Governments across Europe are providing packages of financial support, as the lender of last resort, in recognition of the importance of connectivity to their economies.

Premium Passports Lose Their Shine in a Post-pandemic World

Although not reflected in the latest ranking, which does not take temporary travel bans into account, it is eye-opening to consider what travel freedom currently looks like for the holders of once-prestigious passports.

Carey Olsen leads the market for TISE listings in 2020

The company continues to be the first choice listing agent for high yield listings, acting in connection with more than half of all high yield bonds listed on TISE so far this year.

PE & RE – Emerging from the Great Lockdown by Geoff Cook & Ben Robins

The UN international labour organisation has warned that the continued sharp decline in working hours globally, due to the COVID-19 outbreak, means that 1.6 billion workers in the informal economy

"It's time to be brave"

Deputy Roffey said internal transport measures need to be addressed post lockdown with many people having rediscovered the slower pace of island life.

The Guernsey Advantage for new SPI Collateralised Reinsurers

Plus Guernsey’s regime still facilitates capital relief for Solvency II cedants to the extent of the collateralisation – the SPI does not need to be rated.

Brexit Report June 2020

The Report informs States Members and the public about the work that is being undertaken to prepare Government

Are global economies heading for a V-shaped recovery?

While acknowledging that, in light of the ongoing coronavirus uncertainty, nobody knows exactly how global markets are going to play out, Buchholz argues that what he calls ‘The Great Cessation’ can end with a V-shaped recovery in the US.

The Bahamas Is Now Open for Tourism

All travelers must also present an electronic Health Visa (you can find it here) prior to departure; travelers must upload their test results and provide contact information

Comment, Analysis & Research