Managers of Wealth Offshore

Job losses and gains as Fidelity restructures bank

The bank said the former employees were given “payments significantly above statutory requirements including employment assistance and healthcare”.

APAC private equity is entering a brave new world and smart strategy is vital

Pricing in particular, as well as legal considerations of the detail of the limited partnership agreements, needs to be carefully considered as part of the transactions.

Insurtech funding rises 8% in Q2

The average deal size was up 18.3% to $22.11 million over Q1, which masks a 7.7% fall in total deal numbers.

Rialto Investment Partners acquires Purpose

Rialto has stated that its aim is to create a local pension fund, investing in local businesses.

KIT Consulting merges with Elixirr

KIT Consulting has become the Jersey branch of Elixirr.

Standard Bank Jersey makes two board appointments

Standard Bank Offshore Group offers solutions in banking, investing and fiduciary services from its offices in Jersey, the Isle of Man and Mauritius, and representative offices in London and South Africa.

Rigorous ‘Due-Diligence’ checks drive Dominica , St Kitts and Nevis to top of CBI Index

Thus, these countries are emerging as the most preferred countries of investors looking to invest in .

Athora completes acquisition of Italian life insurer

Eric Viet, Athora Group regional chief executive officer (CEO) and chairman of Amissima Vita, said the deal brings over 150,000 new customers and 95 employees.

Mosaic starts podcast amid ‘heightened uncertainty’

Trending threats highlighted in each snapshot conversation align with Mosaic’s six lines of business

Fidelis joins ClimateWise

In May, Fidelis announced that it had joined the Net-Zero Insurance Alliance

EY Parthenon’s Future Realised Conference returns in October

International speakers, industry CEOs to discuss present challenges

Housing affordability in Malta

Other leverage requirements could include required down payments, for instance, in Malta, a 10 per cent minimum down payment is generally required by commercial banks for first-time buyers.

Arch’s Q2 net profit falls by 41%

Net premiums earned in the 2022 second quarter were 27.4% higher than in the 2021 second quarter, and reflect changes in net premiums written over the previous five quarters.

The role of an AIF depositary

The AIFMD was transposed into the Luxembourg Law of 12 July 2013 on AIFMs

JTC Completes Second Tranche of Equity Awards and Reinforces Shared Ownership Culture

At the same time, JTC has also underlined its commitment to a shared ownership model by introducing an EIP award of shares to all new permanent employees, following the successful completion of the required probationary period.

‘Break down offshore barriers’ to aid SMEs

The Bahamas has traditionally kept the international financial services industry walled-off from its domestic counterpart

Alternative investment funds: are Guernsey and Jersey the ‘new Luxembourg’?

The country has long attracted large cross-border investment platforms and reputable prominent fund and asset managers.

Izola Bank launches €14m bond issue

Izola Bank plc obtained its banking licence in 1994

Can consumers claim back a non-refundable deposit? – Odette Vella

The circumstances in which businesses are entitled to keep consumers’ deposits or advance payments must be fair to be legal. Even the amount of deposit paid needs to be taken into account.

Pension investment ease may be coming

With interest rate hikes in the US and other international markets, investors are keen to cash in by moving more of their investments to those markets but are currently not able to do so due to the foreign exchange controls.

AIM and Hedge Funds