Managers of Wealth - Offshore http://offshore.managersofwealth.com/ Mon, 17 May 2021 00:49:10 BST part of MediaG8way Group http://offshore.managersofwealth.com/ http://offshore.managersofwealth.com/assets/images/logo.png Managers of Wealth - Offshore KohanaPHP Apex introduces Outsourced SPAC COO Solution News Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45788/apex-introduces-outsourced-spac-coo-solution This announcement supplements the existing broad range of local solutions Wealth and Asset Management Bermuda firm buys stake in Singapore wealth platform News Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45794/bermuda-firm-buys-stake-in-singapore-wealth-platform Aura Group, Somers and ICM look forward to collaborating on investments and leveraging each other’s valuable expertise, insights and extensive networks globally. Wealth and Asset Management PraxisIFM all aboard with Variety Sailing Trust sponsorship News Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45770/praxisifm-all-aboard-with-variety-sailing-trust-sponsorship PraxisIFM has become local Jersey Charity the Variety Sailing Trust’s main sponsor. Wealth and Asset Management Liechtenstein's Gold in More Diligent Hands News Aggregation Team Monday, May 10, 2021 1:00 am http://offshore.managersofwealth.com/article/45720/liechtensteinamp039s-gold-in-more-diligent-hands The new rules are an opportunity for the different precious metals players, and banks, as both Switzerland and Liechtenstein now have fully regulated markets for gold and precious metals for the first time. Wealth and Asset Management The Financial Services Sector is a Foundation for a Strong Relationship Between China and the European Union News Team Monday, May 10, 2021 1:00 am http://offshore.managersofwealth.com/article/45732/the-financial-services-sector-is-a-foundation-for-a-strong-relationship-between-china-and-the-european-union Chinese investment into Europe has boomed from €6.1bn in 2010 to €79bn in 2018 Wealth and Asset Management Saffery Champness partner with world champion Mike Conway News Team Thursday, May 06, 2021 1:00 am http://offshore.managersofwealth.com/article/45668/saffery-champness-partner-with-world-champion-mike-conway The exciting partnership also sees the firm renew their commitment to MB Partners’ official Partner Programme, and comes as Mike gets set to begin his world championship defence. Wealth and Asset Management Ocorian expands capital markets offering in the Americas News Team Thursday, May 06, 2021 1:00 am http://offshore.managersofwealth.com/article/45681/ocorian-expands-capital-markets-offering-in-the-americas The team will be further strengthened with the addition of two further client service professionals at Vice President level to accelerate and support growth in this sector. Wealth and Asset Management Transferring private wealth in the Bahamas: why succession planning matters News Team Thursday, May 06, 2021 1:00 am http://offshore.managersofwealth.com/article/45683/transferring-private-wealth-in-the-bahamas-why-succession-planning-matters Wealthy individuals who have an international business in this jurisdiction (or plan to incorporate one) should strongly consider a Bahamian last will and testament. Wealth and Asset Management Deltec Bank & Trust named Best Private Bank Caribbean 2021 News Team Tuesday, May 04, 2021 1:00 am http://offshore.managersofwealth.com/article/45615/deltec-bank-ampamp-trust-named-best-private-bank-caribbean-2021 "We look forward to seeing more from Deltec Bank & Trust in the future." Wealth and Asset Management Quadruple Shortlisting for JTC News Team Monday, May 03, 2021 1:00 am http://offshore.managersofwealth.com/article/45610/quadruple-shortlisting-for-jtc The awards include 19 categories Wealth and Asset Management Senior appointments at Kleinwort Hambros News Aggregation Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45811/senior-appointments-at-kleinwort-hambros Kleinwort Hambros has made two appointments to its Board and a promotion in its Private Banking team in the Channel Islands. Executive Moves Crestbridge appoints new Associate Director, Private Equity News Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45783/crestbridge-appoints-new-associate-director-private-equity Andy is a member of the Institute of Chartered Secretaries & Administrators and holds the Diploma in Offshore Finance and Administration. Executive Moves Deloitte announces new additions to UK leadership team News Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45755/deloitte-announces-new-additions-to-uk-leadership-team Effective this month Executive Moves New promotions and appointments at VG News Aggregation Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45764/new-promotions-and-appointments-at-vg The series of appointments comes after VG saw a 225% increase in new business Executive Moves New senior talent added to Litigation, Insolvency and Restructuring team at Harneys News Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45766/new-senior-talent-added-to-litigation-insolvency-and-restructuring-team-at-harneys Victoria previously worked at Maples and Calder in the Cayman Islands Executive Moves KPMG promotes six to partner News Aggregation Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45768/kpmg-promotes-six-to-partner Blair has 17 years of audit experience across the UK, United Arab Emirates and the Cayman Islands. Executive Moves New appointments to the Board News Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45771/new-appointments-to-the-board Carolyn’s department had a vital role in maintaining the international competitiveness of the City Executive Moves Guernsey Employment Trust appoints new Chair News Aggregation Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45736/guernsey-employment-trust-appoints-new-chair The charity supports disabled and disadvantaged people to prepare for, find and maintain employment. Executive Moves SRS Announces Key Hires In Guernsey Office News Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45738/srs-announces-key-hires-in-guernsey-office The three executives form the foundation of the Company’s Guernsey operations, the base from which SRS will manage its expansion into onshore and offshore jurisdictions in Europe. Executive Moves New Division Leaders Appointed Within AXIS Re News Aggregation Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45740/new-division-leaders-appointed-within-axis-re These enhancements align with the priority that AXIS Re places on delivering strong expertise and an engaging client experience. Executive Moves Inheritance, estate and gift taxes could play a stronger role in addressing inequality and improving public finances News Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45776/inheritance-estate-and-gift-taxes-could-play-a-stronger-role-in-addressing-inequality-and-improving-public-finances Inheritance Taxation in OECD Countries provides a comparative assessment of inheritance, estate and gift taxes across the 37-member OECD, and explores the potential role these taxes could play in raising revenues, addressing inequalities and improving the Tax Tax Blockers and US CLOs: Best Practice for Restructuring Distressed Assets News Aggregation Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45782/tax-blockers-and-us-clos-best-practice-for-restructuring-distressed-assets In line with prior downturns, over the last number of months we have seen a significant rise in the formation of 'tax blocker' subsidiaries for existing US CLO issuers with exposure to affected assets. Tax OECD sets sights on inheritance, estate taxes News Aggregation Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45756/oecd-sets-sights-on-inheritance-estate-taxes The report argues that inheritance taxes, especially those that target relatively high value wealth transfers, can reduce wealth concentration and enhance equality of opportunity. Tax Property sales hit new record as MDA calls for extension in tax incentives News Aggregation Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45763/property-sales-hit-new-record-as-mda-calls-for-extension-in-tax-incentives Government's stamp duty deductions scheme appears to be bearing fruit Tax Costs Risk in Appeals from the Irish Tax Appeals Commission News Team Monday, May 10, 2021 1:00 am http://offshore.managersofwealth.com/article/45726/costs-risk-in-appeals-from-the-irish-tax-appeals-commission A recent High Court judgment considered the question of costs awards in these cases stated. Tax EU court to hear Government appeal on Fiat Chrysler tax deal ruling News Aggregation Team Monday, May 10, 2021 1:00 am http://offshore.managersofwealth.com/article/45713/eu-court-to-hear-government-appeal-on-fiat-chrysler-tax-deal-ruling Court to examine challenges by State, Fiat Chrysler and Luxembourg on state aid ruling Tax Is It Still as Easy to Hide $1 Billion 5 Years After the Panama Papers? News Aggregation Team Friday, May 07, 2021 1:00 am http://offshore.managersofwealth.com/article/45697/is-it-still-as-easy-to-hide-1-billion-5-years-after-the-panama-papers The papers shed a light on how Mossack Fonseca enabled a handful of wealthy individuals to create shell corporations to manage their assets and taxes. Tax The hacker, the tax haven, and what $200 million in offshore deposits can tell us about the fight against illicit wealth News Aggregation Team Friday, May 07, 2021 1:00 am http://offshore.managersofwealth.com/article/45700/the-hacker-the-tax-haven-and-what-200-million-in-offshore-deposits-can-tell-us-about-the-fight-against-illicit-wealth In the past decade many governments have made a lot of progress in getting archetypal havens to start sharing information on the owners of offshore wealth. Tax MPs urged to demand the names of Canadians behind offshore tax shelters News Aggregation Team Friday, May 07, 2021 1:00 am http://offshore.managersofwealth.com/article/45701/mps-urged-to-demand-the-names-of-canadians-behind-offshore-tax-shelters Finance committee is re-starting probe into shell companies that was shut down five years ago Tax How easy is it for the MRA to lift the corporate veil to recover taxes? News Team Thursday, May 06, 2021 1:00 am http://offshore.managersofwealth.com/article/45675/how-easy-is-it-for-the-mra-to-lift-the-corporate-veil-to-recover-taxes Part of "Tax Mind": A collection of thought provoking content for tax professionals. Tax Partnerships to be brought within scope of Guernsey's economic substance requirements News Aggregation Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45797/partnerships-to-be-brought-within-scope-of-guernseyamp039s-economic-substance-requirements Partnerships in existence as at 30 June 2021 will be in scope for accounting periods commencing on or after 1 January 2022 and partnerships formed on or after 1 July 2021 will be in scope from the date of formation. Regulation, Risk & Compliance Bahamas Legislative Update: Protection of Depositors (Amendment) Act, 2020 News Aggregation Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45798/bahamas-legislative-update-protection-of-depositors-amendment-act-2020 The PODDA provides timely enhancements to a regime that is critical to the reliability and soundness of the banking system in The Bahamas. Regulation, Risk & Compliance BMA issues five re/insurance licences in April News Aggregation Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45801/bma-issues-five-reinsurance-licences-in-april It also issued a licence to MoonGate Group to act as an insurance broker. Regulation, Risk & Compliance GFSCommission’s 2020 Annual Report News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45806/gfscommissionamprsquos-2020-annual-report Much of the key policy work undertaken last year was designed to assist industry Regulation, Risk & Compliance Maples seeking judicial review of AML regulations News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45807/maples-seeking-judicial-review-of-aml-regulations Group disagrees with CIMA’s interpretation Regulation, Risk & Compliance Fears of ‘significant deterrent’ for whistleblowers as top EU court quashes Lux Leaks case News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45808/fears-of-amplsquosignificant-deterrentamprsquo-for-whistleblowers-as-top-eu-court-quashes-lux-leaks-case The European Court of Human Rights ruled that Luxembourg’s treatment of whistleblower Raphael Halet “struck a fair balance” between protecting his freedom of expression and the rights of PwC, despite objections from two dissenting judges Regulation, Risk & Compliance EU plans to ban cash payments above €10,000 in AML move News Aggregation Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45810/eu-plans-to-ban-cash-payments-above-ampeuro10000-in-aml-move Some member states currently have ceilings on cash payments, ranging from €500 in Greece to €15,000 in Poland. Regulation, Risk & Compliance Bermuda: CRS deadlines extended and reminders issued News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45813/bermuda-crs-deadlines-extended-and-reminders-issued The extension is as a result of the ongoing effects of COVID-19. Regulation, Risk & Compliance Guernsey Update: New Plans for Bringing Partnerships in Scope of Economic Substance Rules News Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45792/guernsey-update-new-plans-for-bringing-partnerships-in-scope-of-economic-substance-rules These changes will be most relevant to the funds industry in Guernsey Regulation, Risk & Compliance Financing a Cayman Islands merger take-private News Aggregation Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45795/financing-a-cayman-islands-merger-take-private Privatisations by way of a Cayman Islands statutory merger are often financed by loans. Regulation, Risk & Compliance Global equity capital markets: regional perspectives and outlook for 2021 News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45805/global-equity-capital-markets-regional-perspectives-and-outlook-for-2021 There was an increased number of US and Chinese companies seeking listings, and IPO activity was dominated by the technology, e-commerce and healthcare industries. Comment, Analysis & Research Doing business in the Netherlands News Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45775/doing-business-in-the-netherlands The country’s very stable political economy, highly educated workforce, extensive double tax treaties and pragmatic culture add to the country’s allure, especially for large and multinational companies. Comment, Analysis & Research Avoiding Pitfalls When Buying Property Abroad by Charlotte Evans-Tipping News Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45729/avoiding-pitfalls-when-buying-property-abroad-by-charlotte-evans-tipping The advantage of having a local Will, in addition to a UK Will dealing with the rest of your estate, is that it can make the probate process easier for your executors. Comment, Analysis & Research Post-Brexit Guernsey: A promising growth opportunity for investment professionals News Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45731/post-brexit-guernsey-a-promising-growth-opportunity-for-investment-professionals Guernsey can offer both new fund establishment as well as re-domiciliation (the increased ease of which is proving increasingly popular). Comment, Analysis & Research Bahamas Mortgage lender’s net profits drop near 65 percent over 3-month period News Aggregation Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45733/bahamas-mortgage-lenderamprsquos-net-profits-drop-near-65-percent-over-3-month-period The bank noted that its capital ratio continues to be strong and above regulatory requirements at 45.55 percent and is comprised of mainly Tier I capital. Comment, Analysis & Research Bahamas must work towards building back better, says governance reformer News Aggregation Team Monday, May 10, 2021 1:00 am http://offshore.managersofwealth.com/article/45710/bahamas-must-work-towards-building-back-better-says-governance-reformer “In line with the fiscal strategy, government expenditure increased overall by $99.5 million compared to last year, driven substantially by additional outlays for social assistance benefits ($145 million), Comment, Analysis & Research Helping Insurers To Navigate Client Kyc News Team Saturday, May 08, 2021 1:00 am http://offshore.managersofwealth.com/article/45648/helping-insurers-to-navigate-client-kyc To facilitate corroboration, compliance professionals should confirm their policies and procedures regarding customer identification, specify if there exists any inherent risks Comment, Analysis & Research Updated Private Investment Fund Rules News Team Friday, May 07, 2021 1:00 am http://offshore.managersofwealth.com/article/45690/updated-private-investment-fund-rules As a result of engagement between the GFSC and local industry, recent changes were made through the publication of updated 2021 Rules and Guidance which provide an option to establish a PIF without an associated management company. Comment, Analysis & Research How important it is to promote good mental health at work for ZEDRA? News Team Thursday, May 06, 2021 1:00 am http://offshore.managersofwealth.com/article/45662/how-important-it-is-to-promote-good-mental-health-at-work-for-zedra Poor mental health triggers such as stress or anxiety can derive from, and impact, personal and working lives and it’s only natural that there will be a cross over between the two. Comment, Analysis & Research Rich family seeks couple as live-in cleaners in the Bahamas For £90,000 Salary News Aggregation Team Thursday, May 06, 2021 1:00 am http://offshore.managersofwealth.com/article/45674/rich-family-seeks-couple-as-live-in-cleaners-in-the-bahamas-for-amppound90000-salary The working hours are five days a week, Monday to Friday, from 8am to 5pm. Comment, Analysis & Research Conyers Wins Finance Deal of the Year News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45799/conyers-wins-finance-deal-of-the-year The Asia Legal Awards honour the year’s most complex and outstanding legal work in the region, and the lawyers and firms that excelled in Asia’s most competitive and promising practice areas. Legal Collas Crill Ranked Tier 1 in 2021 Eprivateclient Top Offshore Law Firms Listing News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45802/collas-crill-ranked-tier-1-in-2021-eprivateclient-top-offshore-law-firms-listing Collas Crill's International Private Client and Trusts team was recognised in the multi-jurisdictional firms section of the ranking, with lawyers based in Cayman, Guernsey and Jersey. Legal Ogier in Guernsey assists Schiehallion with US$700 million secondary fundraise News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45803/ogier-in-guernsey-assists-schiehallion-with-us700-million-secondary-fundraise Guernsey has a strong stable of listed funds and the secondaries market in Guernsey has been increasingly active this year. Legal BVI Commercial Court provides guidance on the new statutory jurisdiction to grant free-standing interim relief in support of foreign proceedings News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45804/bvi-commercial-court-provides-guidance-on-the-new-statutory-jurisdiction-to-grant-free-standing-interim-relief-in-support-of-foreign-proceedings In this case, the Commercial Court has demonstrated that the BVI will assist foreign courts and that its approach to the grant of free-standing interim relief in support of foreign proceedings is consistent with the approach in England. Legal Expert: Big Number of Isle of Man Offshore Bank Clients are Politicians News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45809/expert-big-number-of-isle-of-man-offshore-bank-clients-are-politicians Economist Matthew Collin, used the data to draw conclusions about the types of people seeking offshore financial services and how well current methods of measuring wealth stored in tax havens are working. Legal UK places Barbados on new list citing money laundering concerns News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45812/uk-places-barbados-on-new-list-citing-money-laundering-concerns The island is due a supplementary review by the OECD Global Forum in September to determine if it will be deemed “fully compliant” then. Legal Saffery Champness advises Fidelius Financial Holdings News Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45777/saffery-champness-advises-fidelius-financial-holdings We understand that the expanded group will have funds under management of £1.6 billion and will operate from across five offices across the midlands and south of England. Legal Private equity and Cayman Islands funds: tips, trends and pitfalls for limited partners News Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45778/private-equity-and-cayman-islands-funds-tips-trends-and-pitfalls-for-limited-partners It is surprising that investors making a significant investment haven’t always taken their own Cayman Islands counsel prior to committing capital. Legal Amazon wins EU court appeal, in major tax case News Aggregation Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45784/amazon-wins-eu-court-appeal-in-major-tax-case EU General Court finds Luxembourg gave online giant 'no selective advantage' Business Legal €200,000 channelled through Zenith for Keith Schembri, Brian Tonna, court hears News Aggregation Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45785/ampeuro200000-channelled-through-zenith-for-keith-schembri-brian-tonna-court-hears Zenith administrator's overview banned from publication Legal Monument Assurance Luxembourg Acquires AME Life Luxembourg News Team Friday, May 14, 2021 1:00 am http://offshore.managersofwealth.com/article/45800/monument-assurance-luxembourg-acquires-ame-life-luxembourg The transaction will have no impact on AMELL clients and policyholders. AIM and Hedge Funds Maintaining Momentum for Big Impact News Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45789/maintaining-momentum-for-big-impact Activity in the funds space over the past few months has been busy, to say the least! AIM and Hedge Funds Monument Re closes in on Luxembourg-based life company News Aggregation Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45791/monument-re-closes-in-on-luxembourg-based-life-company Manfred Maske, chief executive officer at Monument Re, said: “This transaction represents an important step in our consolidation strategy by further strengthening our presence in Luxembourg.” AIM and Hedge Funds CBC Insurance (Jersey) strengthen PIB Group expansion in the Channel Islands News Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45762/cbc-insurance-jersey-strengthen-pib-group-expansion-in-the-channel-islands Located in St. Helier in Jersey, CBCJ has built a strong reputation that extends beyond the English Channel for its focus on Financial Institution and Trust Company entity business. AIM and Hedge Funds PartnerRe Ltd. Reports First Quarter 2021 Results News Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45769/partnerre-ltd-reports-first-quarter-2021-results The favorable pricing conditions, combined with the benefits we are seeing from our re-underwriting actions and significant growth in third party capital, position us well to deliver improvements in our underwriting and financial results during the remain AIM and Hedge Funds Atlas Insurance underlines the benefits of corporate wellness News Aggregation Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45715/atlas-insurance-underlines-the-benefits-of-corporate-wellness Concluding the webinar, Calleja said: “We truly believe that employee wellness has a direct contribution to the success of any venture and as such should be a priority for any employer or leader.” AIM and Hedge Funds GLI Finance rebrands to Sancus Lending Group News Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45744/gli-finance-rebrands-to-sancus-lending-group Recently funded projects include a £4.9m development loan to build 27 houses in Cornwall, a €1.05m bridging loan on a 23 apartment complex in South County Dublin and a £9.1m loan to build and develop 11 houses in Jersey. AIM and Hedge Funds Investment Limited Partnerships 101 (Part 2) News Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45750/investment-limited-partnerships-101-part-2 The ability to establish an ILP as an umbrella fund provides additional flexibility for managers that are considering setting up funds with differing investment strategies. AIM and Hedge Funds Bermuda’s Somerssnaps up stake in fundie Aura Group News Aggregation Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45752/bermudaamprsquos-somerssnaps-up-stake-in-fundie-aura-group Somers’ biggest investment is a 62 per cent stake in Australia’s Resimac Group. Rob Homer AIM and Hedge Funds How do you value crypto? News Aggregation Team Monday, May 10, 2021 1:00 am http://offshore.managersofwealth.com/article/45716/how-do-you-value-crypto Additionally, it appears that traditional investors, in which I would class myself, are now not asking whether to include crypto currencies in portfolios but how much to include. AIM and Hedge Funds Fiscal stimulus and upskilling for your future News Aggregation Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45779/fiscal-stimulus-and-upskilling-for-your-future Rory Steel, head of the Digital Jersey Academy, explains how the organisation is helping to bridge the skills gap in Jersey and why Islanders should investigate the free courses it is offering FinTech Cybersecurity – why Cyber Essentials? News Aggregation Team Thursday, May 13, 2021 1:00 am http://offshore.managersofwealth.com/article/45781/cybersecurity-ampndash-why-cyber-essentials Typically this doesn’t require any additional product investment and can be done with the appropriate configuration and tools that the business already uses. FinTech Fintech firm launches saying it will "revolutionise global due diligence management" News Aggregation Team Wednesday, May 05, 2021 1:00 am http://offshore.managersofwealth.com/article/45630/fintech-firm-launches-saying-it-will-ampquotrevolutionise-global-due-diligence-managementampquot Through the cloud-based platform it has developed, MYCDD says it enables firms to automatically transfer, store, manage and update a broad range of client due diligence documents through a single online central portal. FinTech Bermuda Captive Conference to go ahead in virtual format News Aggregation Team Wednesday, May 05, 2021 1:00 am http://offshore.managersofwealth.com/article/45650/bermuda-captive-conference-to-go-ahead-in-virtual-format BCC promised to provide an examination of emerging trends in the captive market and meaningful networking experiences, using the digital platform seen for the event in 2020 but with a number of new features. FinTech Established Tools for New Assets: Decrypting the problem of Asset Tracing in Cryptocurrencies News Team Wednesday, April 28, 2021 1:00 am http://offshore.managersofwealth.com/article/45542/established-tools-for-new-assets-decrypting-the-problem-of-asset-tracing-in-cryptocurrencies This is true in its strictest sense –the private key is necessarily paired with the public key to facilitate a transaction dealing with assets held in a given wallet. FinTech BMA warns on cyber risk when using third party service providers News Aggregation Team Wednesday, April 28, 2021 1:00 am http://offshore.managersofwealth.com/article/45554/bma-warns-on-cyber-risk-when-using-third-party-service-providers “The information must be classified in terms of its value, legal requirements, sensitivity and criticality to the organisation.” FinTech This small Caribbean paradise is set to become the world's first fully Bitcoin-enabled community News Aggregation Team Tuesday, April 27, 2021 1:00 am http://offshore.managersofwealth.com/article/45520/this-small-caribbean-paradise-is-set-to-become-the-worldamp039s-first-fully-bitcoin-enabled-community Bitcoin is also accepted on the island as payment for everyday essentials as well as at restaurants, cinemas and cafes. FinTech Accelerate digital transformation and workforce upskilling, urges top accountant News Aggregation Team Tuesday, April 20, 2021 1:00 am http://offshore.managersofwealth.com/article/45414/accelerate-digital-transformation-and-workforce-upskilling-urges-top-accountant The percentage of CEOs expressing confidence in growth is up from 22 percent in 2020 and 42 percent in 2019, representing the highest level of optimism since the survey started asking this question in 2012. FinTech Data protection: How to report a breach News Aggregation Team Tuesday, April 20, 2021 1:00 am http://offshore.managersofwealth.com/article/45417/data-protection-how-to-report-a-breach A personal data breach can be broadly defined as a security incident that has affected the confidentiality, integrity or availability of personal data. FinTech TOP DOLLAR: Bahamas’ digital currency Sand Dollar receives top ranking in PwC global index News Aggregation Team Tuesday, April 20, 2021 1:00 am http://offshore.managersofwealth.com/article/45428/top-dollar-bahamasamprsquo-digital-currency-sand-dollar-receives-top-ranking-in-pwc-global-index Cambodia and China digital currencies ranked second and third respectively FinTech Insurance ESG Framework marks another world first for Guernsey News Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45767/insurance-esg-framework-marks-another-world-first-for-guernsey The framework enables insurers and insurance managers who are members of GIIA to self-certify and work is underway to create a kitemark through a third-party accreditation process. Planet SOS Guernsey's green finance products tailor made for US market News Team Wednesday, May 12, 2021 1:00 am http://offshore.managersofwealth.com/article/45787/guernseyamp039s-green-finance-products-tailor-made-for-us-market Guernsey is also very well placed when it comes to the governance portion of the ESG trifecta. Planet SOS Crestbridge Luxembourg Anniversary Insight Series - Serious about sustainability News Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45741/crestbridge-luxembourg-anniversary-insight-series-serious-about-sustainability For some years now, for instance, large asset managers have been on something of a journey when it comes to ESG – Larry Fink’s ‘Letter to CEOs’ has become something of benchmark and a wake-up call on the attitudes of managers on ES Planet SOS Sustainable Finance Week demonstrates Guernsey’s commitment across range of sectors News Team Tuesday, May 11, 2021 1:00 am http://offshore.managersofwealth.com/article/45743/sustainable-finance-week-demonstrates-guernseyamprsquos-commitment-across-range-of-sectors Guernsey is strongly committed to the sustainable finance agenda as a member of UN FC4S, the Network for Greening the Financial System and the UN’s Sustainable Insurance Forum. Planet SOS Blue Chip Bermuda Welcomes Green Investment News Team Sunday, May 09, 2021 1:00 am http://offshore.managersofwealth.com/article/45707/blue-chip-bermuda-welcomes-green-investment Investors are increasingly looking to deploy capital in projects that mitigate climate risks; the coral reef risk transfer in Mexico is a good example of this. Planet SOS Future of Earth News Team Saturday, May 08, 2021 1:00 am http://offshore.managersofwealth.com/article/45677/future-of-earth Investing in the future of our planet Planet SOS Guernsey businesses increasingly put environmental concerns at the heart of their operations News Team Saturday, May 08, 2021 1:00 am http://offshore.managersofwealth.com/article/45694/guernsey-businesses-increasingly-put-environmental-concerns-at-the-heart-of-their-operations Clients in sustainable finance and tourism will expect the jurisdiction to ‘walk the walk’, so we would encourage local companies to consider being more active to be a part of that effort. Planet SOS New report will aid family offices in sustainable investing News Team Wednesday, May 05, 2021 1:00 am http://offshore.managersofwealth.com/article/45646/new-report-will-aid-family-offices-in-sustainable-investing WE ARE GUERNSEY Chief Executive Rupert Pleasant added: “The importance of good governance is well understood in Guernsey, and we hope that this guide will help family offices to extend their governance practices to build in sustainability.” Planet SOS Crestbridge supports launch of energy fund News Team Wednesday, May 05, 2021 1:00 am http://offshore.managersofwealth.com/article/45655/crestbridge-supports-launch-of-energy-fund With ETIC indicating they are targeting a further EUR500m fundraise targeting energy transition projects in developing countries around the world in the coming years Planet SOS ESG investing – why it is positive for both investors and the planet News Aggregation Team Tuesday, May 04, 2021 1:00 am http://offshore.managersofwealth.com/article/45624/esg-investing-ampndash-why-it-is-positive-for-both-investors-and-the-planet The resulting growth in environmental and ethical consciousness is leading both consumers and investors to demand that companies take these values into account. Planet SOS GUERNSEY: Remote working continues for civil servants News Aggregation Team Tuesday, March 23, 2021 12:00 am http://offshore.managersofwealth.com/article/45002/guernsey-remote-working-continues-for-civil-servants The States has announced that many of its employees will continue to work from home as Guernsey is released from community restrictions. Covid-19 Covid-19: Labuan moving towards green zone, says health director News Aggregation Team Monday, March 01, 2021 12:00 am http://offshore.managersofwealth.com/article/44681/covid-19-labuan-moving-towards-green-zone-says-health-director Labuan had recorded 27 cases as of March last year and since then the number had been rising until it peaked after the Sabah state election in September last year. Covid-19 Business grants and 100% payroll funding if lockdown extended News Team Monday, February 01, 2021 12:00 am http://offshore.managersofwealth.com/article/44200/business-grants-and-100-payroll-funding-if-lockdown-extended Businesses which operate from commercial premises will be able to claim £2,000 Covid-19 Workplace Stress During COVID-19: 5 Ways to Support Your Employees’ Mental Well-being News Team Tuesday, January 26, 2021 12:00 am http://offshore.managersofwealth.com/article/44115/workplace-stress-during-covid-19-5-ways-to-support-your-employeesamprsquo-mental-well-being Taking care of your mental well-being is essential to staying healthy, staying resilient and moving your business forward. Covid-19 Ireland: Covid-19 Data Protection and the Workplace News Team Tuesday, January 26, 2021 12:00 am http://offshore.managersofwealth.com/article/44104/ireland-covid-19-data-protection-and-the-workplace This is especially the case in connection with temperature testing, PCR tests, the roll out of vaccinations and the use of the COVID-19 tracker app. Covid-19 Ten Ways Covid-19 Has Changed the World Economy Forever News Aggregation Team Wednesday, December 30, 2020 12:00 am http://offshore.managersofwealth.com/article/43715/ten-ways-covid-19-has-changed-the-world-economy-forever Big government staged a comeback as the social contract between society and the state got rewritten on the fly. Covid-19 COVID-19 in Jersey – a failure in risk management? News Aggregation Team Monday, December 21, 2020 12:00 am http://offshore.managersofwealth.com/article/43614/covid-19-in-jersey-ampndash-a-failure-in-risk-management In health and safety and risk management we focus on identifying hazards that could potentially cause harm, and we assess the risk of that harm occurring (identifying the likelihood of an event and the degree of harm it could cause). Covid-19 JFSC moves back to remote working News Team Thursday, December 03, 2020 12:00 am http://offshore.managersofwealth.com/article/43342/jfsc-moves-back-to-remote-working In response to these measures, both our regulatory and registry teams are now once again working remotely, except for a small number of essential members of staff. Covid-19 Infrastructure investment in a post-COVID world News Team Thursday, November 05, 2020 12:00 am http://offshore.managersofwealth.com/article/42904/infrastructure-investment-in-a-post-covid-world The COVID-19 pandemic has, if anything, reinforced a focus on alternatives, owing to the increased volatility seen across global stock markets. Covid-19 BVI's remittance sector to take a battering from covid-19 News Aggregation Team Thursday, November 05, 2020 12:00 am http://offshore.managersofwealth.com/article/42918/bviamp039s-remittance-sector-to-take-a-battering-from-covid-19 BVI's remittance sector is expeced to take a hit as the latest estimates published in the World Bank's Migration & Development Brief show that global remittances will decline by 14% by 2021 compared to the pre-covid-19 levels in 2019. Covid-19