Managers of Wealth Offshore

Bahamas Chamber Chief: Don’T Stoke Devaluation Fear

The Chamber chairman said pressures would only likely arise when the Government’s foreign currency debts became due for repayment, as this could impose a drain on the foreign reserves.

Companies Act 2014: Approaching Conversion Deadlines

The new company law regime in Ireland, introduced under the Act has been in force for just over a year

Pensions: Let’s not be selfish says Henderson

Concerns were raised by some MHKs that it is not yet known exactly how many winners and losers there will be.

The Bahamas Competent Authority Bahamas FATCA Reporting Update for 2015

The FATCA Online Registration System needs to contain any updates to contact information for the Responsible Officer and Points of Contact to ensure you receive timely system notifications.

Swiss to pass information on HSBC accounts to US tax agency

Switzerland said it plans to give information to U.S. tax authorities about accounts at HSBC Holdings Plc's Swiss private bank, as part of a U.S. investigation into tax evasion.

ESMA backs Guernsey for AIFMD passport

Guernsey to be evaluated as a trusted jurisdiction that continues to provide a stable and competitive environment for business.

Singapore Vows Tougher Stance After 1MDB Dents Reputation

The Singaporean regulator won’t investigate 1MDB but intends to focus on transactions related to fund flows at financial institutions that may be linked to the sovereign fund

New Alternative Banking Regime approved for the Isle of Man

The new legislation and associated guidance will come into effect on 1st August 2016.

Hedge Funds Push for EU Passport for Cayman and Bermuda

Esma’s advice needs to be approved by the European Parliament, Council and Parliament for the AIFMD passport to be extended and this could prove a lengthy process.

Bermuda EU funds passport decision deferred

The European Commission said it will consider Esma’s recommendations.

Jersey Finance comment on ESMA passporting announcement

ESMA’s mission is to enhance investor protection and promote stable and orderly financial markets.

Polar Capital European Forager Fund Filing. Jamie Cayzer-Colvin Submitted Jul 18 SEC Form

Polar Capital European Forager Fund is based in Cayman Islands.

PM not pleased with banks access to funds policies; Busuttil slams Muscat on Panama Papers

The scope was to look beyond the current economic horizon.

Bermuda tables landmark privacy framework

This framework both adheres to recognised international standards for privacy protection and recognises Bermuda’s growing digital market and unique regulatory environment.

14 Businesses And High Net Worth Individuals Move With Help From Locate Guernsey

Officials says moving wealthy individuals to the island will also have wider benefits for the economy.

Antigua-Barbuda freezes assets of offshore bank implicated in massive corruption scheme

These changes included the passage of the International Banking and International Business Corporation Acts.

Government seeks Caricom`s advice on Brexit

On Thursday, June 23, the people of Britain voted for a British exit from the European Union in a historic referendum.

The central bank predicts 2.57% GDP growth for Antigua and Barbuda

The British Virgin Islands are an associate member.

Earthport inks deal with Bank of the Bahamas

The company did not disclose any financial details of the deal.

Malaysia Adopts Methodology To Thwart Money Laundering, Terrorism Financing

The Labuan Financial Services Authority continued to advance in supervisory cooperation with international regulatory authorities through the exchange of information with counterparties.

Regulation, Risk & Compliance