Managers of Wealth Offshore

ID Register signs alliance with KPMG

KPMG said the partnership would allow it to provide a complete solution for investors in private funds, including with fund subscription, FATCA/CRS and KYC.

Structuring An ICO – Factors To Consider

A bill is expected to be considered by Parliament in the second quarter of 2018.

Cayman Islands introduce country-by-country reporting for certain multinational enterprises

MNE groups with annual consolidated group revenue in the preceding financial year of US$850 million or more with a Cayman entity in the group are caught.

OECD announces further developments in BEPS implementation

Canada's regime for international banking centres (IBCs) was determined to be "potentially but not actually harmful" by the FHTP in the 2004 Progress Report.

Jersey regulator disappointed with suitability review outcome

A host of failings have been flagged up during the Jersey Financial Services Commission’s (JFSC) review of 10 locally-based firms and the suitability of the investments they recommend.

Jersey regulator warns (again) on initial coin offerings

Most jurisdictions do not regulate ICOs.

Cayman leads key UK lobby group

It also means Cayman will host the pre-Joint Ministerial Council meetings – which are typically held in late summer between the overseas territories leaders.

Swiss regulator censures Gazprombank after Panama Papers

Bank banned from taking new private clients over failings on money laundering checks

Swiss Private bank broke money-laundering rules in Brazilian cases: FINMA

FINMA has investigated more than a dozen Swiss banks in relation to the Petrobras and Odebrecht cases and launched four enforcement proceedings, one of which is pending

Pilatus Bank supervision comes under scrutiny of EU banking watchdog

European Banking Authority looks into MFSA's actions as regulator

‘Accidental Americans’ putting Asia’s wealth transfer at risk

Accidental Americans face ruin if their estates are not properly structured, a lawyer has warned.

Bahamas 'Must Adapt' To Global Integration

The success of the European Union since the 1950s attests to the advantages of regional integration.

Current trends shaping Cayman Islands’ landscape

Unless subject to an exemption, each company must take reasonable steps to identify any individual beneficial owner of the company and all relevant legal entities.

Chasing the black money chimera from Panama to paradise?

Individuals and companies are prohibited from investing in countries identified as non-cooperative by the Financial Action Task Force, an inter-governmental body.

JERSEY: Regulation of pensions advice in the pipeline

We really are the only regulatory authority that does not have the power to fine individuals and that is not sustainable

Isle of Man cracks down on unlicenced activity

The Isle of Man Financial Services Authority is taking a “proactive initiative” to clamp down on financial services professionals conducting regulated activities without a licence.

Govt. to Complete Sale of Grand Lucayan, Memories

Resorts This Year, Announces New Sunwing Deal

Pilatus Bank hits back, accuses MEPs of ‘erroneous statements’

Bank says it did not have dealings with Panama companies

QROPS Petition Protest Takes On Overseas Transfer Charge

The overseas transfer charge comes to 25% of the value of any pension fund.

New charity law building on strong foundations

"Once the new law is in force, Jersey will have a new offering as the choice destination for international philanthropic structuring,"

Regulation, Risk & Compliance