Managers of Wealth Offshore

JTC and Carey Olsen support launch of Binance Jersey

Now that the exchange is live, JTC will continue to provide services to Binance Jersey as it seeks to develop its presence on the island.

Flouting laws, dozens of Nepalis invested in companies in tax haven nations

Former lawmaker Birendra Mahato and his brother Upendra Mahato, Nepali Congress member Rajendra Bajgain, controversial businessman Ajeya Raj Sumargi, Mercantile CEO Sanjib Raj Bhandari, Chaudhary Group MD Arun Kumar Chaudhary, Hotel Malla Chair Rama Malla

Jersey prepared for Brexit despite May's deal defeat

Senator Gorst also said he wants to assure islanders that whatever the new alternatives put forward by Theresa May, he wants to make sure the interests of Jersey are communicated to the UK government.

TISE launches new-look Listing and Membership Rules

They introduce new rules for the listing of debt being offered to retail investors, which expands our product offering for prospective issuers.

Malta implements sweeping changes to pension regulations rules

There are also stricter rules when it comes to investing

Financial Conduct Authority opens notifications for temporary permissions regime in case of no-deal Brexit

The Treasury is putting in place a statutory instruments' framework, which will regulate the temporary permissions regime.

European Banking Regulators Call for Unity in Crypto Regulations

EBA decried the lack of uniformity in crypto laws

UK government delays British Overseas Territories' deadline for public ownership

Overseas territories worried that the 2020 timetable for disclosure requirements would lead to an exodus of business moving towards more secretive tax havens.

Bermuda's Economic Substance Legislation Becomes Operative

The Declaration will require the disclosure of certain key information applicable to an analysis of substance requirements

Scotia principals meet with workers’ representatives today

Officials from Scotiabank were expected to hold similar discussions with Prime Minister Gaston Browne.

EU expects Bermuda to get tough on substance

New companies will be subject to the ESA rules immediately.

T&C Premier applauds Gov’t successes

We will continue to resource the Labour Department so that they can even more effectively carry out their jobs.

Intertrust simplifies organisational structure to support its transformation strategy

he new structure will be reflected in the composition of the Company's Executive Committee, with immediate effect.

It’s Getting Foggy Out There by Gary Dugan

UK also faces the prospect of freezing over as the North Pole sees temperatures rise

Hong Kong SFC fines Bermuda-registered life insurer over regulatory breaches

FWD Life is a direct underwriter of long term life insurance and is registered in Bermuda, but is based in Hong Kong.

Belize signs landmark agreement to strengthen its tax treaties and Monaco deposits

The Convention is the first multilateral treaty of its kind, allowing jurisdictions to integrate results from the OECD/G20 BEPS Project into their existing networks of bilateral tax treaties.

Indonesia Plans Investment Tools to Keep Amnesty Funds Onshore

Lock-in for funds reptraiated under amnesty will end in March

OECD, SARS and National Treasury continue partnership to strengthen tax co-operation

The MoC is in place until December 2023.

Appleby advise on Santander banking transfer in Jersey and Isle of Man

The Jersey team consisted of Partners Wendy Benjamin, Michael Cushing, David Dorgan, Tim Hart, and Richard Sheldon, supported by Senior Associate Gemma Whale, Associate Dilly Wright and Paralegal Angharad Prescott.

Cayman Finance calls Dutch blacklisting of Cayman Islands ‘unusual’

The organization said in a press release it was important to note that the Cayman Islands does not have double taxation treaties and therefore did not pose the risk of aggressive tax avoidance.

Regulation, Risk & Compliance