Managers of Wealth - Offshore http://offshore.managersofwealth.com/ Fri, 21 Feb 2025 14:59:49 GMT part of MediaG8way Group http://offshore.managersofwealth.com/ http://offshore.managersofwealth.com/assets/images/logo.png Managers of Wealth - Offshore KohanaPHP Evelyn Partners International relocates to new office in St. Helier News Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62654/evelyn-partners-international-relocates-to-new-office-in-st-helier Team in Jersey bolstered with flurry of new hires Wealth and Asset Management Maximising wealth management: The benefits of Guernsey Private Investment Funds News Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62661/maximising-wealth-management-the-benefits-of-guernsey-private-investment-funds With Guernsey’s well-established financial sector, PIFs present an opportunity for tailored investment solutions that align with both current market trends and long-term wealth strategies. Wealth and Asset Management Praxis Receives STEP EPP and ACCA Re-accreditations, Recognising its Commitment to Excellence News Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62664/praxis-receives-step-epp-and-acca-re-accreditations-recognising-its-commitment-to-excellence The renewal of the STEP Employer Partnership Programme (EPP) Platinum accreditation reflects the company’s ongoing commitment to excellence Wealth and Asset Management Northern Trust Expands Partnership with Alchemy to Support Its New Special Opportunities Fund News Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62645/northern-trust-expands-partnership-with-alchemy-to-support-its-new-special-opportunities-fund Northern Trust Expands Longstanding Relationship with Alchemy Helping to Launch its Fifth Special Opportunities Fund Wealth and Asset Management Bedell Cristin Advises on Sale of Advisa Wealth News Team Thursday, February 13, 2025 12:00 am http://offshore.managersofwealth.com/article/62575/bedell-cristin-advises-on-sale-of-advisa-wealth Advisa’s trusted brand and financial planning expertise is expected to complement Titan Wealth’s existing services. Wealth and Asset Management APEX Global regulatory update Q4 2024 News Team Wednesday, February 12, 2025 12:00 am http://offshore.managersofwealth.com/article/62565/apex-global-regulatory-update-q4-2024 In Europe, the UK and Channel Islands are updating rules on crypto-assets, ESG, financial services, and anti-money laundering. Wealth and Asset Management Butterfield reports net income of $216.3m in 2024 fiscal year News Aggregation Team Tuesday, February 11, 2025 12:00 am http://offshore.managersofwealth.com/article/62544/butterfield-reports-net-income-of-2163m-in-2024-fiscal-year “The positive performance in the last quarter can also be attributed to the seasonal strength of both Cayman tourism and consumer credit card spend.” Wealth and Asset Management IQ-EQ acquires Agama Group, gaining regulatory compliance service offering in continental Europe News Team Wednesday, February 05, 2025 12:00 am http://offshore.managersofwealth.com/article/62474/iq-eq-acquires-agama-group-gaining-regulatory-compliance-service-offering-in-continental-europe Agama Group provides essential regulatory compliance, internal control and operations support to asset managers and funds across private equity, real estate and other asset classes. Wealth and Asset Management Standard Chartered Jersey cites affluent client growth through Bank’s new global wealth campaign News Aggregation Team Tuesday, February 04, 2025 12:00 am http://offshore.managersofwealth.com/article/62466/standard-chartered-jersey-cites-affluent-client-growth-through-bankamprsquos-new-global-wealth-campaign The ‘Now’s your time for wealth’ global wealth campaign launched this month. Wealth and Asset Management Appleby awarded Isle of Man Law Firm of the Year at Citywealth IFC Awards 2025 News Team Monday, February 03, 2025 12:00 am http://offshore.managersofwealth.com/article/62448/appleby-awarded-isle-of-man-law-firm-of-the-year-at-citywealth-ifc-awards-2025 The IFC Awards brings together over 120 of the world’s top wealth advisors and private client experts. Wealth and Asset Management Ruth Damian joins PartnerRe News Aggregation Team Friday, February 21, 2025 12:00 am http://offshore.managersofwealth.com/article/62671/ruth-damian-joins-partnerre She previously worked at Brighthouse Financial, MetLife, and Reinsurance Group of America. Executive Moves Willis appoints Helen Campbell News Aggregation Team Friday, February 21, 2025 12:00 am http://offshore.managersofwealth.com/article/62672/willis-appoints-helen-campbell Her role covers property policy language, and terms and conditions for both the insurance and reinsurance businesses at WTW. Executive Moves Appleby Guernsey expands Dispute Resolution practice News Team Friday, February 21, 2025 12:00 am http://offshore.managersofwealth.com/article/62673/appleby-guernsey-expands-dispute-resolution-practice We are delighted to welcome Anna and Simon to the firm. Executive Moves Hamilton platform appoints two News Aggregation Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62656/hamilton-platform-appoints-two “We are committed to these lines of business and look forward to maintaining momentum with the continued leadership of Mike and Chris and their talented teams.” Executive Moves Invicta bolsters South African team with new hire News Aggregation Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62662/invicta-bolsters-south-african-team-with-new-hire As Client Relationship Director, Nathan will specialise in estate planning Executive Moves Grant Thornton’s Recovery & Reorganisation Partner joins International Insolvency Institute News Aggregation Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62637/grant-thorntonamprsquos-recovery-ampamp-reorganisation-partner-joins-international-insolvency-institute Andrea is Head of Advisory of the Channel Islands firm, a Certified Fraud Examiner and a Fellow and Vice Chair of INSOL International. Executive Moves Axa XL appoints Ana Dores to Iberian leadership role News Aggregation Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62640/axa-xl-appoints-ana-dores-to-iberian-leadership-role She joined Axa XL’s leadership team advisory council in 2023 Executive Moves Aaron Brockwell named to new role at Volante Global News Aggregation Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62641/aaron-brockwell-named-to-new-role-at-volante-global Aaron will play a pivotal role in ensuring we build a solid operational infrastructure to support and future-proof our reinsurance business. Executive Moves Quérée Property Consultants appoints Director and Associate Director News Aggregation Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62647/quampeacuterampeacutee-property-consultants-appoints-director-and-associate-director “We are delighted to welcome Philip to the business and look forward to leveraging Philip’s extensive property and building experience to the benefit of our clients.” Executive Moves Digimap announces new Managing Director appointments in Jersey and Guernsey News Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62648/digimap-announces-new-managing-director-appointments-in-jersey-and-guernsey His experience within Digimap positions him well to lead Digimap into its next phase of growth and innovation. Executive Moves Isle of Man Budget 2025 announced News Aggregation Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62629/isle-of-man-budget-2025-announced Government revenue spending for 2025/26 is budgeted at £1.46 billion, representing £17,249 for every person on the Island. Tax Government launches third CIT consultation News Aggregation Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62630/government-launches-third-cit-consultation In so doing, it has apparently cleared up some concern regarding the availability of mechanisms for disputes and appeals to agency decisions. Tax 'Tax dodgers make it harder to tackle potholes and get bobbies on the beat' News Aggregation Team Tuesday, February 18, 2025 12:00 am http://offshore.managersofwealth.com/article/62620/amp039tax-dodgers-make-it-harder-to-tackle-potholes-and-get-bobbies-on-the-beatamp039 That’s money that we could be using to fill potholes, fund schools and hospitals, improve access to the police and ensure GPs are accessible. Tax Recent developments in the attitude of the Jersey courts to onshore tax News Team Monday, February 17, 2025 12:00 am http://offshore.managersofwealth.com/article/62608/recent-developments-in-the-attitude-of-the-jersey-courts-to-onshore-tax No tax liability was currently due but would arise in the future, and debate arose as to whether HMRC ought to be notified. Tax The History of Tax Fraud Goes Back Millennia News Aggregation Team Monday, February 17, 2025 12:00 am http://offshore.managersofwealth.com/article/62618/the-history-of-tax-fraud-goes-back-millennia An informant reported the scheme to Roman authorities, which isn’t too dissimilar from modern tax enforcement. Tax Cast your vote for Saffery at the Citywealth Magic Circle Awards 2025 News Team Thursday, February 13, 2025 12:00 am http://offshore.managersofwealth.com/article/62582/cast-your-vote-for-saffery-at-the-citywealth-magic-circle-awards-2025 This recognition highlights James’ exceptional contributions to Saffery and the Private Wealth sector. Tax Accountants honoured with FCPA designation News Aggregation Team Tuesday, February 11, 2025 12:00 am http://offshore.managersofwealth.com/article/62545/accountants-honoured-with-fcpa-designation Their achievements inspire the next generation of accountants, reinforcing the importance of professionalism, mentorship and service. Tax Mauritius, Bermuda and the Cayman Islands: The trio of ‘tax havens’ fueling Duke’s endowment News Aggregation Team Monday, February 10, 2025 12:00 am http://offshore.managersofwealth.com/article/62524/mauritius-bermuda-and-the-cayman-islands-the-trio-of-amplsquotax-havensamprsquo-fueling-dukeamprsquos-endowment The same goes for Bermuda and the Cayman Islands — British Overseas Territories of a similarly small size and little apparent relation to the institution’s educational or health care-related interests. Tax HMRC spends £785m a year on running digital tax systems News Aggregation Team Monday, February 10, 2025 12:00 am http://offshore.managersofwealth.com/article/62527/hmrc-spends-amppound785m-a-year-on-running-digital-tax-systems The NAO report said that three of its eight most costly tax-related digital programmes involved remediating legacy systems in 2023-24. Tax Chief Minister apologises over tax return issues News Aggregation Team Wednesday, February 05, 2025 12:00 am http://offshore.managersofwealth.com/article/62484/chief-minister-apologises-over-tax-return-issues He said the service was now fully staffed and thanked employees for their hard work and resilience amid criticism. Tax Blacktower Gibraltar settles long running disagreement with Gibraltar regulator News Aggregation Team Friday, February 21, 2025 12:00 am http://offshore.managersofwealth.com/article/62670/blacktower-gibraltar-settles-long-running-disagreement-with-gibraltar-regulator The GFSC imposed a reduced fine of £294,350 with ‘full cooperation’ from Blacktower Regulation, Risk & Compliance Axis Capital board authorises $400m share repurchase News Aggregation Team Friday, February 21, 2025 12:00 am http://offshore.managersofwealth.com/article/62674/axis-capital-board-authorises-400m-share-repurchase The company said this new share repurchase programme replaces the previous $300 million programme, which had been exhausted. Regulation, Risk & Compliance The Utility of the Share Premium Account in Cayman Islands Exempted Companies News Team Friday, February 21, 2025 12:00 am http://offshore.managersofwealth.com/article/62675/the-utility-of-the-share-premium-account-in-cayman-islands-exempted-companies The share premium account also provides a flexible funding source for repurchasing or redeeming shares. Regulation, Risk & Compliance BMA registers seven insurers News Aggregation Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62658/bma-registers-seven-insurers The BMA noted that the registration of approved insurance entities occurs after the IALC application process has concluded. Regulation, Risk & Compliance The sanction of schemes of arrangement in Jersey: the takeaways from The Representation of Centamin PLC News Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62644/the-sanction-of-schemes-of-arrangement-in-jersey-the-takeaways-from-the-representation-of-centamin-plc The success of the Centamin plc scheme of arrangement shows that there is still an appetite to use Jersey schemes of arrangements to effect the acquisition of Jersey companies. Regulation, Risk & Compliance Compliance With Bermuda's Privacy Laws By Fund Entities News Aggregation Team Tuesday, February 18, 2025 12:00 am http://offshore.managersofwealth.com/article/62621/compliance-with-bermudaamp039s-privacy-laws-by-fund-entities The full implementation of the Personal Information Protection Act 2016 (as amended, PIPA) was effective on 1 January, 2025. Regulation, Risk & Compliance Central Bank announces revised $100 note to be launched in September News Aggregation Team Tuesday, February 18, 2025 12:00 am http://offshore.managersofwealth.com/article/62622/central-bank-announces-revised-100-note-to-be-launched-in-september New security features will be added Regulation, Risk & Compliance Financial services industry concerned over proposed work-permit changes News Aggregation Team Tuesday, February 18, 2025 12:00 am http://offshore.managersofwealth.com/article/62623/financial-services-industry-concerned-over-proposed-work-permit-changes McIntosh said the proposed requirement for work-permit holders to leave the country for one year between jobs would be “particularly damaging” to the financial services industry. Regulation, Risk & Compliance Updates to Cayman's Beneficial Ownership Regime: Access Restrictions and Legitimate Interest Regulations News Team Tuesday, February 18, 2025 12:00 am http://offshore.managersofwealth.com/article/62626/updates-to-caymanamp039s-beneficial-ownership-regime-access-restrictions-and-legitimate-interest-regulations From 28 February 2025, members of the public can apply to the competent authority in the Cayman Islands for access to specified information pursuant to the Legitimate Interest Regulations. Regulation, Risk & Compliance Extension of date for filling a BVI annual financial return News Team Tuesday, February 18, 2025 12:00 am http://offshore.managersofwealth.com/article/62633/extension-of-date-for-filling-a-bvi-annual-financial-return This extension does not automatically apply to entities with a year-end date that is not 31 December. Regulation, Risk & Compliance Bahamas inflation drops 0.7 percent in November 2024; CPI falls 0.9 percent year-over-year News Aggregation Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62660/bahamas-inflation-drops-07-percent-in-november-2024-cpi-falls-09-percent-year-over-year In comparison to last year, the report also noted price increases in Alcoholic Beverages (up 4.5 percent) and Food and Non-Alcoholic Beverages (up 1.6 percent). Comment, Analysis & Research ASW’s Neil Horner retains Band 1 rankings in Chambers guide News Aggregation Team Tuesday, February 18, 2025 12:00 am http://offshore.managersofwealth.com/article/62631/aswamprsquos-neil-horner-retains-band-1-rankings-in-chambers-guide The firm said ASW’s dispute resolution department is ranked as Band 2 Comment, Analysis & Research Jersey Finance Director on The Kenyan Wall Street News Team Friday, February 14, 2025 12:00 am http://offshore.managersofwealth.com/article/62595/jersey-finance-director-on-the-kenyan-wall-street But how do they ensure continuity, manage the next generation’s involvement and navigate legal complexities? Comment, Analysis & Research Guernsey Partner joins International Insolvency Institute News Aggregation Team Friday, February 14, 2025 12:00 am http://offshore.managersofwealth.com/article/62600/guernsey-partner-joins-international-insolvency-institute They are invited to join the Institute based on their expertise in international insolvency law and practice. Comment, Analysis & Research Financial analysis: AI spending takes centre stage News Aggregation Team Thursday, February 13, 2025 12:00 am http://offshore.managersofwealth.com/article/62576/financial-analysis-ai-spending-takes-centre-stage All major tech firms intend to increase AI spending while investors question the return on investment Comment, Analysis & Research Private funds in the Cayman Islands News Team Thursday, February 13, 2025 12:00 am http://offshore.managersofwealth.com/article/62577/private-funds-in-the-cayman-islands The remainder of this guide will focus on closed-ended private investment funds, referred to as 'private funds'. Comment, Analysis & Research Trott ‘always confident’ about positive Moneyval outcome News Aggregation Team Tuesday, February 11, 2025 12:00 am http://offshore.managersofwealth.com/article/62538/trott-amplsquoalways-confidentamprsquo-about-positive-moneyval-outcome The lowest mark received was in relation to the investigation and prosecution of money laundering. Comment, Analysis & Research What should the economic future of Jersey look like? News Aggregation Team Tuesday, February 11, 2025 12:00 am http://offshore.managersofwealth.com/article/62551/what-should-the-economic-future-of-jersey-look-like Alex Ruddy, Chair of IoD Jersey, said: “The resilience of each business is intrinsically linked to the island economy. Comment, Analysis & Research Moneyval report hailed 'significant achievement' News Aggregation Team Monday, February 10, 2025 12:00 am http://offshore.managersofwealth.com/article/62521/moneyval-report-hailed-amp039significant-achievementamp039 Guernsey's Chief Minister Deputy Lyndon Trott said the report was "a positive outcome" for the economy. Comment, Analysis & Research John Gray High School wins the Cayman Collas Crill Moot News Team Friday, January 31, 2025 12:00 am http://offshore.managersofwealth.com/article/62429/john-gray-high-school-wins-the-cayman-collas-crill-moot This is the first year the school has taken part in the mock-trial competition. Comment, Analysis & Research Funds in the British Virgin Islands News Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62666/funds-in-the-british-virgin-islands The British Virgin Islands (“BVI”) is a long-standing jurisdiction of choice for the incorporation of investment funds. Legal Dentons Delany Secures 18 Prestigious Rankings in Chambers Global 2025, Strengthens Leadership Across the Caribbean News Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62642/dentons-delany-secures-18-prestigious-rankings-in-chambers-global-2025-strengthens-leadership-across-the-caribbean With four new individual rankings and two new firm-level rankings, the 2025 edition of Chambers Global highlights Dentons Delany’s growing influence and bench strength across the region. Legal Walkers advises Tabby on US$160 million Series E Fundraising News Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62643/walkers-advises-tabby-on-us160-million-series-e-fundraising The round was led by existing investors Blue Pool Capital and Hassana Investment Company, with participation from Wellington Management and STV. Legal Higgs & Johnson Achieves Top Rankings in Chambers Global 2025 News Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62651/higgs-ampamp-johnson-achieves-top-rankings-in-chambers-global-2025 The Firm has been ranked in six (6) different practice groups Legal All practice areas in BVI and Cayman have maintained their rankings in the 2025 Chambers Global Guide. News Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62652/all-practice-areas-in-bvi-and-cayman-have-maintained-their-rankings-in-the-2025-chambers-global-guide Collas Crill has an exceptionally strong Cayman litigation and insolvency team with first-class partners and a deep bench of experienced associates and counsel. Legal Harneys maintains high rankings in Chambers Global 2025 News Team Tuesday, February 18, 2025 12:00 am http://offshore.managersofwealth.com/article/62625/harneys-maintains-high-rankings-in-chambers-global-2025 The BVI team retained their Band 1 ranking for their Corporate & Finance and Investment Funds expertise. Legal Conyers Bermuda Receives Top Rankings in Chambers Global Guide 2025 News Team Tuesday, February 18, 2025 12:00 am http://offshore.managersofwealth.com/article/62627/conyers-bermuda-receives-top-rankings-in-chambers-global-guide-2025 Conyers retained Band 1 rankings across our Corporate & Finance, Insurance and Dispute Resolution practice groups. Legal Appleby acted as Bermuda counsel to Asia Standard Hotel Group Limited News Team Tuesday, February 18, 2025 12:00 am http://offshore.managersofwealth.com/article/62635/appleby-acted-as-bermuda-counsel-to-asia-standard-hotel-group-limited Prior to the privatisation, Asia Standard Hotel was an indirect subsidiary of Asia Standard International Group Limited Legal 'Best law firm in the BVI' Ogier ranks top tier in Chambers Global 2025 Guide News Team Monday, February 17, 2025 12:00 am http://offshore.managersofwealth.com/article/62607/amp039best-law-firm-in-the-bviamp039-ogier-ranks-top-tier-in-chambers-global-2025-guide The Chambers Global 2025 guide also includes outstanding recognition for four ranked individuals in its transactional and litigation teams. Legal 20 Carey Olsen lawyers recognised in Chambers Global 2025 Guide News Team Monday, February 17, 2025 12:00 am http://offshore.managersofwealth.com/article/62609/20-carey-olsen-lawyers-recognised-in-chambers-global-2025-guide The Chambers Global Guide ranks the top lawyers and law firms in over 200 jurisdictions across the world. Legal What is fund finance? News Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62655/what-is-fund-finance As such they provide more flexibility to the fund manager to execute on investments quickly without the need to make frequent capital calls. AIM and Hedge Funds RenRe in senior notes offering News Aggregation Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62657/renre-in-senior-notes-offering Barclays, Citigroup, Morgan Stanley, RBC Capital Markets, and Wells Fargo Securities served as joint book-running managers. AIM and Hedge Funds HSBC records €154.5m profit, despite uncertain future News Aggregation Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62659/hsbc-records-ampeuro1545m-profit-despite-uncertain-future Shareholders to receive the highest dividend in a decade, the bank promised AIM and Hedge Funds Cayman Island financial services firm invests in NI operation News Aggregation Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62665/cayman-island-financial-services-firm-invests-in-ni-operation The creation of 12 high-value jobs, offering competitive salaries will provide excellent career opportunities for our local talent to work AIM and Hedge Funds SiriusPoint reports $183.9m net income in 2024 fiscal year News Aggregation Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62667/siriuspoint-reports-1839m-net-income-in-2024-fiscal-year For the full year, SiriusPoint reported core income of $244.6 million, including underwriting income of $200 million. AIM and Hedge Funds Conduit Re records income of $125.6m in 2024 fiscal year News Aggregation Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62668/conduit-re-records-income-of-1256m-in-2024-fiscal-year Our results also illustrate the continued and growing cost efficiency of our business model AIM and Hedge Funds “We are truly sorry” News Aggregation Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62638/ampldquowe-are-truly-sorryamprdquo Dr Evans also apologised directly to the women personally affected by Mr Shokouh-Amiri’s actions. AIM and Hedge Funds Cayman Finance supports 100 Women in Finance News Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62639/cayman-finance-supports-100-women-in-finance The proceeds from the event will help fund scholarships and programmes aimed at empowering Caymanian women to succeed in the finance sector AIM and Hedge Funds ZEDRA relocates to prominent location in the heart of Jersey News Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62646/zedra-relocates-to-prominent-location-in-the-heart-of-jersey The relocation to the larger space will accommodate ZEDRA’s team of over 160 professionals on the island AIM and Hedge Funds JTC Extends Jersey Bulls Support Through Schools Coaching Programme News Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62650/jtc-extends-jersey-bulls-support-through-schools-coaching-programme JTC is now sponsoring St Saviour’s, the second school to join the ‘After School Support Programme’, following the successful launch of the Bulls’ pilot ‘initiative at Rouge Bouillion last year. AIM and Hedge Funds Switzerland to widen tax information exchange to crypto assets News Aggregation Team Friday, February 21, 2025 12:00 am http://offshore.managersofwealth.com/article/62669/switzerland-to-widen-tax-information-exchange-to-crypto-assets Switzerland is aiming to implement the new reporting framework published by the OECD to incorporate crypto assets. FinTech ChatGPT's OpenAI reports surge to 400 million weekly users News Aggregation Team Friday, February 21, 2025 12:00 am http://offshore.managersofwealth.com/article/62676/chatgptamp039s-openai-reports-surge-to-400-million-weekly-users Business users doubled since September, company says FinTech Artifical counter-intelligence News Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62653/artifical-counter-intelligence Joanna Caen TEP and Cara Fitzpatrick comment on the challenges and impact of AI in the modern-day private client firm. FinTech Malta’s Node endorsed in the European Blockchain Services Infrastructure News Aggregation Team Thursday, February 20, 2025 12:00 am http://offshore.managersofwealth.com/article/62663/maltaamprsquos-node-endorsed-in-the-european-blockchain-services-infrastructure EBSI aims to enhance cross-border public services via a highly secure, resilient and fully decentralised network FinTech AI education enables fintech opportunities, says expert News Aggregation Team Wednesday, February 19, 2025 12:00 am http://offshore.managersofwealth.com/article/62636/ai-education-enables-fintech-opportunities-says-expert Ms Bolden did not elaborate much on the nature of the new jobs that would be created. FinTech Cybersecurity no longer a luxury, but a necessity, expert warns News Aggregation Team Monday, February 17, 2025 12:00 am http://offshore.managersofwealth.com/article/62610/cybersecurity-no-longer-a-luxury-but-a-necessity-expert-warns Johnson noted that cyber threats will never stop evolving, which means our defenses must evolve too. FinTech Scammer impersonates Bermuda premier, promotes fake token News Aggregation Team Monday, February 17, 2025 12:00 am http://offshore.managersofwealth.com/article/62611/scammer-impersonates-bermuda-premier-promotes-fake-token Since the scammer began posting, numerous Bermuda National Coin tokens have appeared on the Solana-based memecoin launch platform Pump.fun. FinTech States of Guernsey IT outage results in Data Protection Authority recommendations News Aggregation Team Friday, February 14, 2025 12:00 am http://offshore.managersofwealth.com/article/62593/states-of-guernsey-it-outage-results-in-data-protection-authority-recommendations The Inquiry also found that prior to the incidents, P&R had failed to implement an IT disaster recovery plan. FinTech Crypto insurer announces insurance platform roll out News Aggregation Team Wednesday, February 12, 2025 12:00 am http://offshore.managersofwealth.com/article/62560/crypto-insurer-announces-insurance-platform-roll-out With more than $2.2 billion in annual losses reported from exchange failures and cyberattacks, BDIC said it was addressing one of the industry’s most pressing security concerns. FinTech Importance of ‘innovation-first mindset’ emphasised at Digital Jersey Annual Review News Aggregation Team Monday, February 10, 2025 12:00 am http://offshore.managersofwealth.com/article/62522/importance-of-amplsquoinnovation-first-mindsetamprsquo-emphasised-at-digital-jersey-annual-review In particular, panelists stressed the critical importance of businesses and governments understanding the benefits AI can bring – pointing to the fact that Digital Jersey is developing its own AI Roadmap this year. FinTech VG Joins Greening Jersey News Team Tuesday, February 11, 2025 12:00 am http://offshore.managersofwealth.com/article/62553/vg-joins-greening-jersey Greening Jersey aids environmental enhancement, nature restoration and rewilding local areas Planet SOS IMF: Climate resilience could boost Bahamas’ economy by 9% News Aggregation Team Friday, January 24, 2025 12:00 am http://offshore.managersofwealth.com/article/62351/imf-climate-resilience-could-boost-bahamasamprsquo-economy-by-9 The IMF further highlighted that, given these risks, investing in The Bahamas’ capacity to adapt to climate change Planet SOS Insurers hold key to drive ESG forward News Aggregation Team Monday, January 13, 2025 12:00 am http://offshore.managersofwealth.com/article/62203/insurers-hold-key-to-drive-esg-forward Insurance companies must embrace their role as catalysts for a more sustainable world Planet SOS Reflections on COP29 and attitudes to natural capital News Team Friday, December 13, 2024 12:00 am http://offshore.managersofwealth.com/article/61928/reflections-on-cop29-and-attitudes-to-natural-capital Not only is this essential for the prosperity of our planet, but it also presents economic opportunities in driving growth, creating jobs and ensuring energy security Planet SOS Barbados completes world-first climate debt swap News Aggregation Team Friday, December 06, 2024 12:00 am http://offshore.managersofwealth.com/article/61850/barbados-completes-world-first-climate-debt-swap Ecuador, meanwhile, is starting work on its second debt swap targeting rainforest conservation, again facilitated by Bank of America. Planet SOS TISE Supports Gender Responsive Project in Delivery on Net Zero News Team Wednesday, December 04, 2024 12:00 am http://offshore.managersofwealth.com/article/61815/tise-supports-gender-responsive-project-in-delivery-on-net-zero These include the near equalisation of gender representation on the local Water Resource Committee, reducing reported incidents of water collection related domestic violence to zero, and freeing up time saved for more productive activities. Planet SOS Malta’s first GreenBiz Awards celebrate sustainable micro and small businesses News Team Tuesday, November 26, 2024 12:00 am http://offshore.managersofwealth.com/article/61730/maltaamprsquos-first-greenbiz-awards-celebrate-sustainable-micro-and-small-businesses Awards recognised businesses that combine ethical practices with entrepreneurial excellence Planet SOS Guernsey 'on track' to meet climate targets News Aggregation Team Friday, November 22, 2024 12:00 am http://offshore.managersofwealth.com/article/61684/guernsey-amp039on-trackamp039-to-meet-climate-targets In 2020, the States of Guernsey set a target of a 57% reduction on 1990 emission levels by 2030 Planet SOS Jersey Finance Welcomes Sustainable Finance Action Plan News Team Friday, November 22, 2024 12:00 am http://offshore.managersofwealth.com/article/61685/jersey-finance-welcomes-sustainable-finance-action-plan We will be working closely with the Government and the Jersey Financial Services Commission on the delivery of the Sustainable Finance Action Plan. Planet SOS Embracing sustainability – unveiling the power of ESG investing News Team Thursday, November 21, 2024 12:00 am http://offshore.managersofwealth.com/article/61677/embracing-sustainability-ampndash-unveiling-the-power-of-esg-investing The origins of ESG investing can be traced back to the 1960s, when it emerged as ‘socially responsible investing’. Planet SOS