Managers of Wealth Offshore

DMS Offshore Investment Services – Best Offshore Regulatory Advisory Firm

DMS Offshore Investment Services (‘DMS’) Limited was established in the Cayman Islands by Don Seymour in 2000

Mauritius shuts bank: PM says evidence of Ponzi scheme

Mauritius’s future as on offshore financial centre is under threat after the island state’s Prime Minister Anerood Jugnauth announced its central bank has uncovered evidence of a Ponzi scheme

Italy Amends Country 'Black Lists'

The "non-deductibility of costs" list now therefore includes only 46 tax jurisdictions. 21 have been cancelled as already having TIEAs in effect, namely: Alderney, Guernsey, Jersey, the Isle of Man, Gibraltar, the British Virgin Islands, Anguill

Fiducaire Unit Facing Prosecution In Jersey

The Jersey court date has been set to start on 23 June 2015

Regulation for Digital Currency Businesses on the Isle of Man

Tynwald recently approved changes to the Proceeds of Crime Act in order to bring digital currency under the control of that Act.

Swiss Private Bank to Pay $211 Million Penalty in US Tax Case

Swiss Private Bank agreed to pay $211 million and became the first Swiss bank to reach a deal to avoid U.S. Justice Department prosecution

Guernsey Is Not a Tax Haven: KPMG

KPMG Head of Tax Tony Mancini discusses the Channel Islands and the accusations that the island chain isn't tax transparent

UK fund house caught up in Mauritian ‘Ponzi scheme' probe

A UK fund house has been forced to freeze redemptions on one of its funds, after becoming caught up in an investigation by the Mauritian regulator into an alleged Ponzi scheme.

ICSA Jersey Governance Conference - Book now!

The ICSA Jersey Governance Conference will take place on Friday, 24th April at the Royal Yacht Hotel;

ComplianceAid article “deceptive”, says Cayman Finance

Cayman Finance CEO Mr Jude Scott recently expressed his disappointment on behalf of the financial services industry

New player in offshore banking warns against parking ill-gotten gains

We want to avoid this negative attention by putting in place mechanisms that can assure us that the money being placed here is clean and from legitimate sources,” said Skerrit

Elian launches Funds Compliance Services to overcome clients’ regulatory demands

In anticipation of fast-changing developments in Jersey’s regulatory environment and the sharper emphasis on corporate governance, Elian has launched a comprehensive suite of professional compliance services that will significantly reduce clients&rs

Digital due-diligence platforms explored at Jersey Finance debate

Jersey’s ambitions to position itself as a leading FinTech jurisdiction and how digital innovation could assist Jersey’s finance industry with growing due diligence obligations formed the focus of an event hosted by Jersey Finance recently.

Prestigious peer recognition for JT’s Head of Legal

It was a great honour to be nominated for this prestigious award which acknowledges the work of in-house legal departments

HSBC begins closing Jersey accounts

The bank is carrying out checks on the identity and address of thousands of its customers on the Channel Islands, and is closing accounts that do not meet tax compliance standards.

Elian launches ClientCheck - the comprehensive CDD outsourcing solution

ClientCheck has been developed to benefit a wide range of regulated businesses including accountants, asset managers, banks, fund managers, lawyers and trust companies. All types of CDD subjects are supported including individuals, partnerships, private c

Regulation, Risk & Compliance