12/24/2014
Richard Corrigan, Deputy CEO of Jersey Finance described to Zoya Malik its particular focus of services and benefits for GCC customer segments Jersey has recently expanded its team in the GCC.
12/23/2014
An infrastructure fund that will allow Cayman Islands residents to invest in major capital works will be registered with the Cayman Islands Monetary Association in January and will be in a position to bid on public and private sector projects in 2015
12/21/2014
UBS Fund Services has had one of its strongest years in terms of winning new clients according to Monette Windsor , who heads up the Cayman Islands business.
12/21/2014
In July, a hedge fund in Jersey issued a press release announcing that it had become the first regulated fund to deal in bitcoin.
12/21/2014
Clipstone, a logistics real estate investment trust, has raised £40m through a flotation on the Channel Island’s Stock Exchange after scaling back plans to raise nearly four times that amount on London’s main market.
12/19/2014
The next expected development comes early next year with the opening of an information exchange portal – which foreign financial institutions (FFIs) will use to file their FATCA reports to the TIA – as well as the publication of the reporting
12/18/2014
An exemption from the Financial Services Law 1998 has been introduced for regulated hedge fund managers who want to operate managed accounts for their non-fund clients alongside their fund clients.
12/18/2014
Two Guernsey incorporated, London listed funds have appointed Carey Group as company secretary.
12/17/2014
The Caribbean Development Bank has approved more than $120 million in loans to fund dozens of projects related to agriculture, energy and infrastructure.
12/17/2014
A few weeks ago, the same lender mopped up $500 million and $200 million in two tranches, but the re spective spreads had narrowed to 176 bps and 166 bps over the five year US Treasury yield.
12/17/2014
Guernsey and Jersey are fast becoming seen as the jurisdictions of choice for Asian funds.
12/16/2014
Switzerland's banking sector, facing the end of the secrecy that was once the bedrock of its business, is turning to China as it seeks new markets for the future.
12/15/2014
February 2015 will see the local launch of a newly established agricultural fund.
12/15/2014
Private equity tycoon is rebuilding repuation for deals after EMI debacle
12/15/2014
The structure significantly reduces the cost of hedging longevity risk for pension schemes by removing the need for an intermediary insurer to write the transaction.
12/15/2014
Providence Global has completed the acquisition of Guernsey fund administrator Fund Corporation and rebranded it as Lumiere Fund Services.
12/12/2014
It promotes excellence in regulatory compliance and regulation both in the UK and overseas with members all across the UK and in most of the world’s leading financial centres.
12/12/2014
Leading international law firm Walkers has completed another season of its acclaimed series of investment funds seminars, which were held this year in New York, San Francisco and London.
12/11/2014
As a result, promoters and investors from further afield have become more cautious about raising money from within Europe because of what they regard as a growing compliance burden and increased costs.
12/11/2014
The Board believes that this may also lead to the ability to raise fresh capital for the Company in the future