Managers of Wealth Offshore

Bermuda names fined banks while Canada keeps them secret

Canadian authorities still refuse to name Manulife, the bank fined for breaking money laundering laws.

NPPR for investment fund marketing to EU holding up in the face of Brexit and ESMA passport delays

The new regime will come into force, particularly in the light of the Brexit negotiations over the coming years.

Bermuda fines Sun Life unit $1.5M for compliance gaps

Regulator cites failure to comply with country's anti-money laundering and anti-terrorist financing rules

Labuan IBFC to focus on niche areas in 2017

Labuan International Business and Financial Centre is expected to intensify its efforts on developing niche sectors such as leasing.

UBS will substitute issuer of future loss-absorbing AT1 capital instruments and current and future TLAC-eligible senior unsecured debt

At that point, we also expect to substitute UBS Group AG as issuer of outstanding capital and debt instruments issued by UBS Group Funding (Switzerland) AG.

CIMA celebrates 20 years of service

The 20-year milestone is also an opportunity to reflect on the authority’s achievements and plans for the future.

Beneficial ownership registry approved

The bills outline definitions of beneficial ownership and set forth creation of a registry that would be accessible by law enforcement and tax authorities.

A New Regulatory Option for a Forex Broker License

Brokers looking for an FX license are increasingly looking to the Securities Commission of The Bahamas

BMA slaps $1.5m fine on Sun Life

In addition, the BMA has halted any new payments into existing policies and accounts, while Sun Life Financial Investments will have to prove

Leading global fiduciary and administration provider boosts capabilities with acquisition

Is committed to enhancing its position as a leading player in existing and new jurisdictions.

Antigua and Barbuda Implements GIIC Diplomatic Regulatory Framework

The GIIC made the regulatory recommendations to increase the transparency and accountability of diplomatic appointments' work with the country's Citizenship by Investment Program.

How Luxembourg Could Cash In On Brexit

The Brexit effect may, in fact, have already begun for the tiny Grand Duchy.

Adviser network Nexus Global expands to Latin America

Nexus was originally set up to offer its experience and expertise to European advisers in the areas of business strategy and compliance, and provide a regulatory umbrella.

Radical new interpretation of Cayman Islands restructuring law - CHC Group Ltd.

This interpretation appears to contradict the English common law position in re Emmadart Ltd

Pension Plan teams up with HR

It is crucial to choose the right plan for your employees.

Qunar Announces Shareholder Approval of Merger Agreement

Completion of the Merger is subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement.

Maples Fund Services Selected as Administrator for Northstar Enterprise Opportunity Fund I

We are very excited about the Enterprise Fund and the investment opportunities in the US.

Chamber: Parliament must pass FATCA bill

Debate on the TIEA comes very close to the deadline for its passage that T&T agreed with the US Treasury Department.

Consumer Chief Urges More Banking Licenses

The survey results are unlikely to surprise many, given the negative attitudes many Bahamians hold towards the banks

Guernsey – a ‘BEPS-compliant jurisdiction’

Guernsey is continuing to take steps to build on its position as a BEPS-compliant jurisdiction. A year ago the island established a base erosion and profit shifting (BEPS) working party to assess the OECD’s October 2015 BEPS Action Plans, as well a

Regulation, Risk & Compliance