Managers of Wealth Offshore

Cyprus Gets A Tier 1 Bank Through A Small Fintech

We managed to convince them

Digital Matters: Digital Isle of Man, One Year On

The Island generates its highest revenue from its digital economy

Harneys online Economic Substance Classification Solution is now live

Harneys’ ES Solution is a market leading response to the changes brought on by the new Economic Substance legislation

Libra – cryptocurrency game changer or regulatory firestarter?

Libra is Facebook’s new proposed digital currency ‘stable coin’ which will allow Facebook Messenger and WhatsApp members to send tokens via the apps

Ed seeks to break big broker monopoly in Bermuda using innovative technology

The broker said opening in Bermuda highlights its commitment to existing and potential clients, particularly in the US, Canada, and the Caribbean

Resolution IT ranked again among Top 501 Global Managed Service Providers

Our heartfelt congratulations to the 2019 winners and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of both the 501 and the thriving managed services sector.”

Guernsey continues to drive ILS innovation

The island’s ILS rules proved their worth, as Guernsey structures were tested by various weather events and were proven to function well in paying claims to underlying policy holders.

Payment Services And Their Continued Expansion

The days of cash transactions as payment for services and goods has progressed to the exchange of digital currencies through new platforms such as, amongst others, blockchain technology.

Bermuda to host cyber risk management conference in December

Joel Baker, president and CEO of MSA and the National Insurance Conference of Canada, said Bermuda’s central role in the re/insurance and ILS industries made it an ideal location for the event.

ChainThat to join BMA innovation hub

The BMA launched the innovation hub in April 2018 to encourage innovation that it hopes will increase efficiency and competitiveness in the insurance sector.

ChainThat announces its approval to join the Bermuda Monetary Authority Innovation Hub

“Bermuda continues to lead in innovation, bringing together technology, broking, underwriting capabilities and access to capital,” said Andy Burrows

First captive to manage cryptocurrency risk formed on Bermuda

The company will retain some of the risk with the rest being held by the captive, which will not buy any further coverage in the open market.

Caribbean Development Bank pushes ‘digital transformation’

The bank, he said by way of example, plans to increase funding and make more resources available to help fight climate change.

KPMG Named A Leader In Global Cyber Security

“Cyber security remains top of mind for leaders right across the globe and in all sectors, and right here in Bermuda,” said Charles Thresh, Managing Director, Head of Advisory.

Digital asset regulation on the horizon in the Bahamas

The White Paper said that there was a need for a peer-to-peer digital payment system comprising a trust-less digitally distributed ledger

First captive to manage cryptocurrency risk formed on Bermuda

The company will retain some of the risk with the rest being held by the captive, which will not buy any further coverage in the open market.

The offshore digital assets industry: too much risk for regulators, banks and insurers?

The intervening period has seen a steep learning curve for regulators, banks and insurers as they seek to understand the new digital assets industry and the risks that come with it.

G20 to hit tech giants with tax crackdown by 2020

Those companies that continue to book profits in offshore tax havens will then be subject to a global minimum tax rate.

Artificial intelligence in banking

A lever for profitability with limited implementation to date

Accelerating digital innovation inside and out

Agile teams, ecosystems, and ethics

FinTech