Managers of Wealth Offshore

Caribbean Business And Finance Report

Against this backdrop, the bank reported a net loss of US$110 million for the quarter ended April 30, 2020 as compared to net income of US$51 million for the same period in the prior year.

The Isle Of Man M&A Year In Review Part 1 – Why Is It Significant?

The Isle of Man was no exception.

Offshore Business Update: Seychelles

In addition we will also provide updates of any other temporary regulatory measures in place that might affect any ‘business as usual’ processes.

Coming Soon: Family Office Focussed Podcasts

Jersey Heard podcast launches family office focussed series in June.

IMF Executive Board Approves a US$ 250 Million Disbursement to The Bahamas to Address the COVID-19 Pandemic

The Bahamas faces an unprecedented crisis as it battles the fallout from two consecutive large shocks.

‘People want to continue working at home’

Businesses can expect increased pressure to allow staff to work from home following the Covid-19 outbreak, a legal expert has said after a survey indicated a huge majority of Islanders would favour continuing to work more flexibly.

Decision to borrow will help the economy and business confidence

Government too will be faced with some new challenges, but also with all of our pre-existing challenges.

Monaco remains the world’s most expensive luxury residential market

Despite the uncertainty caused by the Covid-19 pandemic, the real estate consultancy projects luxury prices in Monaco to remain flat or see a small increase this year, due to a lack of supply and stable demand.

More consider relocation to Guernsey

Enquiries are coming in from all over the world, from South Africa, to Singapore, to Canada.

What small island nations – like Saint Lucia – need to survive and thrive in the post-pandemic world

The most vulnerable are the developing countries that do not always have the necessary resources and capacity to cope with the impact of a pandemic.

Cayman strong – an overview of the COVID-19 crisis

What followed was period of locking down, starting in March with border closures and limited movement around the islands to suppress the spread of the virus.

Agents of change: The role of the trustee in an evolving securitisation market

That is on top of a more onerous regulatory environment across the board.

Has COVID-19 Flattened The Fund Finance Curve?

Most of us who work in professional and financial services were able to quickly adapt to the “new normal” but there has inevitably been an impact on deal volume and, perhaps more noticeably, timing and pricing.

Unused assets – ownership structures under review

The reality is most international luxury assets are still held in personal names.

Why Cyprus Is Attractive For High New Worth Investor Immigrants

But the real action is to be found in the higher categories, consisting of over 200,000 individuals that may be interested in a second passport.

‘This will give us opportunity to rethink and reconfigure’

In fact, the lockdown period has been so successful for the group that plans have been put on hold to move into a new office space in June.

Labuan IBFC Market Performance for 2019

The 30th anniversary signifies the success of the Centre’s long standing journey, and a pivotal time to embark on new direction for the next phase of development and growth.

Exclusive Interview with Danial Mah Abdullah, Director General, Labuan Financial Services Authority

Generally, 2019 has been another positive year of growth for Labuan notwithstanding the many challenges experienced in the year.

Why choose Bermuda for your captive?

In early 2020, Bermuda was recognised by the Caribbean Financial Action Task Force for its exceptional work to establish an effective framework to combat money laundering and the ﬁnancing of terrorism and proliferation.

Mauritius: an African success story

The gross domestic product trended upwards, reaching an estimated $10,200 in 2019 – the third highest in Africa after Equatorial Guinea and Seychelles, according to the African Development Bank Group.

Comment, Analysis & Research