Managers of Wealth Offshore

The Cost Of Compliance

This trend brings due-diligence, risk-management and transparency- management processes of funds and their managers to the forefront, with the obvious result being an increase in hedge fund compliance costs.

The Cayman Approach To Corporate Governance

Good corporate governance is the pre-requisite for operational success and survival in today's competitive marketplace.

Publicly accessible CIMA database of directors still a long way off

The Cayman Islands Monetary Authority is still some way from creating an accessible database identifying the fund boards on which directors sit on.

BVI IBC Company

The British Virgin Islands is the most popular offshore jurisdiction, with favourable business regulations, a prosperous economy and stable political situation.

Keeping Cayman’s boards free from improper influence

Many boards wield a shocking amount of authority

Bank of Cyprus said to mull boosting capital before stress test

The bank may raise between 800 million euros and 1 billion euros by selling shares, said the people, who asked not to be identified because the discussions are private.

Cayman Islands: Government budget passed just in time

The Cayman Islands Legislative Assembly unanimously passed the government’s 2014/15 spending plan Wednesday, just four working days before the territory would have run out of authority to spend money on July 1.

Bahamas govt modifies position on gaming industry

The Bahamas government says it is “unable to ignore” the nuances that came to light when the island held a referendum on gaming in 2013 as it announced measures to modify its position on regulating the gaming industry.

Trinidad and Tobago’s Anti-money Laundering Legislation Ineffective’

Out of the 500-plus suspicious transactions 340 were filed for intelligence

St. Kitts and Nevis: NIA attempts to bolster regulation of offshore sector

The agreement would have allowed UTICO to set up a subsidiary in the name of CHN Trust Limited

UK Government Pledges Support for BVI Financial Services

United Kingdom (UK) Member of Parliament and Under Secretary of State for Foreign and Commonwealth Affairs, Hon. Mark Simmonds, has expressed his support for the British Virgin Islands (BVI) and its financial services industry during a fact-finding trip t

BVI: the Domicile for YOUR Captive By Martin Cooke, Insurance Manager, Hyperion Insurance Management (BVI) Limited

The number of domiciles in the captive arena has proliferated in recent years.

Cayman Islands: A Long Commitment To Transparency

Cayman as a jurisdiction has consistently demonstrated a commitment to transparency and embraced international initiatives like no other international financial centre.

Watchdog to tighten monitoring of stock trading by paper companies

The South Korean financial watchdog said Tuesday it will closely monitor stock trading by paper companies set up in tax havens to ferret out local nationals disguised as foreign investors to dodge domestic law and engage in illegal activities.

Effective dates for the Intergovernmental Agreements with the UK and US relating to FATCA

The Director of Income Tax has today provided clarity regarding certain effective dates in Guernsey's Intergovernmental Agreements with the United Kingdom and the United States of America relating to FATCA.

Cayman Islands: Technology, Globalisation And A Level Playing Field

The speed at which companies are reallocating their capital and choosing the most efficient jurisdictions continues to increase and has become a subject of attention in the mainstream media.

Experts to focus on Jersey's new discrimination legislation

Jersey's new discrimination law will be the focus of an expert panel discussion taking place this week

UAE And Maldives Sign Customs Cooperation Agreemen

The agreement is also aimed at protecting the society from improper commercial practices, according to Saud Salim Al Akroubi, Head of International Relations at FCA.

The Best Offshore Solutions

Tom Carey and Ben Morgan of Carey Olsen tell HFMWeek how Guernsey has maintained its solid reputation following the implementation of AIFMD

IRS to make US offshore tax amnesty scheme less harsh

The OVDP gave US citizens the opportunity to voluntarily reveal their undisclosed offshore accounts

Regulation, Risk & Compliance