Managers of Wealth Offshore

CIMA phasing in e-gov in 2015

The new system is called REEFS, which stands for Regulatory Enhanced Electronic Forms Submission

1MDB says PKR MP confirmed wisdom in keeping funds in Cayman Islands

PKR MP Wong Chen’s observation of currency gains made by 1 Malaysia Development Bhd through its offshore accounts in the Cayman Islands validates its concern over foreign exchange fluctuations

Brevan Howard Changing Leadership in Emerging Markets Fixed Income, Waiving Fees

The Class A shares of the Emerging Markets Fixed Income fund were down -0.19 percent in November after finding difficulty during much of the fall.

Cayman's budget 'freedom' curtailed by FFR

Fiscal framework to remain in place indefinitely

Guernsey ups the anti for new funds

Looking at the Crown Dependencies, Jersey saw a 6% increase over the previous half-year, while Guernsey saw something of a dip in the number of new company incorporations.

Guernsey Funds Sector Demonstrates Stability Over Third Quarter

Overall, the net asset value of all funds under management and administration in Guernsey fell by £0.4 billion

Focus remains on governance in fund industry

Single investor funds and managed accounts have also become increasingly popular again following the experiences of the 2008 crisis

Cayman releases V2 FATCA Guidance Notes

Just days away from the 22 December deadline for many financial institutions to register with the US tax authorities to obtain their Global Intermediary Identification Number by 1 January 2015

Bermuda Seeks to Increase Regulation with Insurance Amendment Act 2014

Aligning Bermuda’s insurance framework to take into account Solvency II standards and initiatives;

Duff & Phelps Launches Financial Regulatory and Compliance Practice with Acquisition of Kinetic Partners

As a result of this transaction, Duff & Phelps will create a dedicated Financial Regulatory and Compliance Practice, based on Kinetic Partners’ recognized leadership in providing regulatory consulting and compliance counsel to the financial serv

Switzerland Fissures as Account Secrecy Loses Charm

Fortress Switzerland is showing more cracks.

Immigration to get easier for visitors to Cayman Islands

Part-time Cayman Islands residents and short-term workers will soon be having a much easier time getting through Cayman Islands immigration processes when they arrive in the country.

Deposits in St. Kitts and Nevis commercial banks topped EC$4.2 billion, EC$6 billion in assets in 2013

Assets held by commercial banks in the Federation of St. Kitts and Nevis totalled EC$6 billion at the end of December 2013 representing a nine percent increase over 2012.

RCA Bermuda Symposium - Give the Gift of Bermuda

Appleby Sponsoring RCA's Regulation, Operations and Compliance Bermuda Symposium on 22 - 24 April 2015

Isle of Man ideal base for QNUPS

If that is not the case, QNUPS can be deemed as having been established for tax avoidance.

Malta completes its Securitisation Cell Company regs, ready for ILS

Malta, a domicile targeting the insurance-linked securities, catastrophe bond and reinsurance convergence sector, has now completed its Securitisation Cell Company regulations which bring together the special purpose reinsurer concept with protected cells

Regulation, Risk & Compliance