Managers of Wealth Offshore

Jersey Islanders warned about bitcoin death threat email

Access to Bitcoin and other untraceable crypto currencies is making such threats more common.

Adviser banned over unpaid Harlequin

A UK financial advice firm has been shut down for failing to pay an Ombudsman fine levied for advice given on a notorious defunct Caribbean hotel scheme.

Qatar Re gets green light for London operations

Our local presence allows us to further enhance our access and offering to our UK clients and brokers.

Updates to the Cayman Islands Beneficial Ownership Regime What

The amending legislation introduces certain key changes to the BOR.

Help is on hand for complex KIDs

During the first week of January, a leading UK investment platform has removed several hundred products from its website for non-compliance with the new regulations.

The UK's proposed new royalty withholding tax

The plan is that the new royalty withholding will apply from April 2019 where a non-UK resident entity making sales in the UK pays a royalty to a connected party in a low tax jurisdiction

Gibraltar launches blockchain regulatory first

The team expect to be very busy in the coming months, and are looking forward to working on some interesting and innovative ideas with applicants.

Jersey lawmakers to consider new consumer protection regulation

The new law would ban 31 “unfair practices” outright

Long Live Bermuda Trusts – Dis-applying the Rule Against Perpetuities

The 2009 Act had dis-applied the Rule for all trusts established after 1 August 2009, except trusts owning real property in Bermuda.

Cayman’s banking sector continued slide in 2016

Local banks see growth

Bahamas government eases foreign exchange restrictions

The changes will come into effect as of February 1, 2018

Russia to extend offshore wealth amnesty

He added that the President noted the need of improvement of the investment climate, reduction of administrative barriers and increase of labor productivity.

TISE launches new LEI service

The International Stock Exchange (TISE) has today launched a new service to assist local financial services firms with obtaining a Legal Entity Identifier (LEI).

The most mind-blowing cryptocurrency ICO of all time is going on right now

No matter how awesome and world-changing the blockchain platform or whatever the company might be developing might turn out to be, it won’t be connected to the tokens.

TORA Launches AI-driven Pre-trade Analytics Tool

TORA’s new AI TCA product moves beyond traditional TCA by using AI techniques to accurately estimate price slippage for trades before they enter the market.

Zug digital WM teams up with BDO for AM service platform

The new service combines a RegTech tool with more traditional offerings, including compliance and risk management.

OECD seeks input on new tax rules requiring disclosure of CRS avoidance arrangements and offshore structures

Public input is sought on all aspects of these model rules.

The Bahamas prepares risk-based approach to regulatory oversight

Updating the regulatory regime is being proposed to remove and address elements that may cause The Bahamas to be viewed as a less attractive jurisdiction.

FCA slammed for failings linked to passporting Cyprus adviser

Townsend also criticised a lack of openness in a decision letter from the FCA

Guernsey welcomes EU reaffirmation of 'cooperative jurisdiction' status

The Code Group's screening process initially involved 92 non-EU countries and jurisdictions.

Regulation, Risk & Compliance