Managers of Wealth Offshore

Guernsey Funds Business Continues To Thrive, Says New Research

Guernsey had a very busy year in terms of mergers and acquisitions of service providers, highlighting the ever-changing fund landscape and the constant dynamism of the market

PayPal Broadens its Services in Mauritius

The two parties involved are positive concerning the future of their partnership.

Jersey: Dormant Accounts Law

Currently, where a Jersey bank has lost contact with a customer it must maintain the customer's deposit account.

Billions could drain from Cayman entities as Trump is elected

The goal is to halt the practice of U.S. multinationals holding hundreds of billions of dollars in offshore accounts, many of them in the Cayman Islands, to reduce their U.S. tax liability.

Government confirms civil and criminal tax investigations following 'Panama Papers' leaks

A special taskforce set up following the 'Panama Papers' leaks has opened civil and criminal investigations into suspected tax fraud or financial wrongdoing by more than 30 individuals and companies, the government has announced.

Tanzania, Switzerland Sign MOU To Recover Millions Lost in Offshore Accounts

Between 1982 and 2006, there were 91 client accounts opened by Tanzanian nationals, with one client depositing $20.8 million.

Taxation: Council agrees criteria for the screening of third country jurisdictions

The Council's code of conduct group for business taxation will conduct and oversee the screening process, supported by the Council's secretariat.

Interview: Mauritius’ bank chair says Seychelles branch should be operational by March 2017

SBM was granted its license in March following a banking request made in October 2015.

Labuan IBFC to refocus on niches for growth

The midshore centre will embark on a new journey to “further refine the midshore concept

BCSC discontinues proceedings against former investment advisers who still face SEC scrutiny

The BCSC alleged the case involved stock transactions worth more than $46 million.

Malta mulls setting cap on project size, investment amount in equity crowdfunding

The regulator did not disclose any specific figures.

Bahamas to improve skills-based training programs with IDB assistance

The unemployment rate for youths ages 15-24 is twice as high, at 30 percent, having doubled since 2001.

BERMUDA: Uncertain times for investors and economies

The asset management industry potentially faced more disruption if policies were to change.

US Billionaire Settles With Cayman Islands Over Reef Damage

The agreement would help preserve the reefs and ecosystem for future generations

Unions for RBC workers join forces

A federation of trade unions representing RBC Royal Bank employees across the region has been formed

Higher fees and new rules for registering company info

As a leading international finance centre, Jersey commits to comply with international standards and global initiatives

PM calls for new approach to policing in Trinidad and Tobago

He told supporters while there would be “no quick fix” it was important nonetheless for the local police force to be guided by a Commissioner.

Clarus Risk acquires Laven Partners' private equity risk practice

This allows us to concentrate our efforts on promoting our technological solutions designed to streamline compliance and operational processes.

BDO Jersey joins forces with Greenlight CI and Sator Regulatory Consulting

Greenlight CI is a change management consultancy business that has, since 2008, provided Channel Island clients with a range of services related to assessing their current situation

The Cook Islands become the 106th jurisdiction to join the most powerful international instrument against offshore tax evasion and avoidance

The Convention, together with the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information, which the Cook Islands signed in October 2015, will enable the Cook Islands to fulfil their commitment to begin the first

Regulation, Risk & Compliance