01/20/2014
The most recent information from the GFSC shows that Guernsey’s international insurance industry had gross assets, net worth and premiums of £22.90 billion, £9.34 billion and £4.63 billion respectively in 2012.
01/16/2014
After spending much of the year in consultation with the industry, CIMA’s near-term regulatory approach is becoming clearer.
01/15/2014
Chris McKeown, Chief Executive Officer of New Ocean, commented "It is extremely gratifying to attract such sophisticated and industry-leading investors to our platform.
01/08/2014
The Concept Group‚ one of the largest QROPS providers anywhere until HM Revenue & Customs de-listed almost all of Guernsey's schemes in April‚ is launching two new schemes in Gibraltar.
01/07/2014
Axa claims the product is able to do this and provide the tax advantages of an offshore bond, because the investment decisions are outsourced to a discretionary fund manager.
01/04/2014
He stated that the Maldives strategic location – a stone’s throw away from India – made it an ideal location for Indian investment.
01/02/2014
Sagicor to get £86m from sale of its Europe business
The sale (of Sagicor at Lloyd’s) will return approximately US$130 million in cash capital to the group
01/02/2014
Barbadian investors will have one less company on the Barbados Stock Exchange
12/31/2013
Why has 1MDB parked RM7.5b in Cayman Island?
Questions were raised in Parliament, but answers were not forthcoming.
12/30/2013
It will broaden its domicile options for Protected Cell activities
12/23/2013
The Central Bank of Barbados Friday said the Freundel Stuart government had been able to secure US$150 million floating rate loan from regional and international investors.
12/23/2013
As global markets shift and with interest of Asian markets escalating
12/18/2013
Taking into account licences rescinded, there was net growth of 17 funds during the period.
12/18/2013
Old Mutual Global Investors has moved Simon Murphy’s £40m UK Opportunities fund to the IMA Targeted Absolute Return sector after merging its offshore and onshore versions.
12/18/2013
A statement from the ratings agency said, “The net proceeds from the issuance of the notes will be deposited in the Sinking Fund established in 1993 as a separate legal entity for the repayment of government borrowings.
12/18/2013
The Gibraltar Government has approved plans for a new “credit institution” that is seen as filling a need in the marketplace that was made more urgent by Barclays' recent announcement of plans to reduce its Gibraltar presence.
12/16/2013
In October, Bermuda modernized its fund legislation, establishing a new class of exempt funds that can be registered and launched on a fast-track basis.
12/15/2013
The third edition of a study gives a comparative breakdown of the costs involved in the registration of a vessel.
12/15/2013
Online chats were used across the industry by bankers who were involved in rigging Libor and currency exchange rates.
12/13/2013
Cayman's Proposed New Fund Governance Regime
This article seeks to explain and explore why the corporate governance of Cayman investment funds is receiving "the regulatory treatment", what such treatment will look like and its likely impact on the management and costs of alternative invest