Wealth and Asset Management

Cayman Islands to open Singapore office to lure Asia’s wealthy

'Swiss authorities are playing catch-up on financial crime reforms'

Local Associate Director also named in NextGen list

Crestbridge Family Office Services’ professional recognised in national Future Leaders list

Fostering Collaboration: Business and Philanthropy Working Together

JTC Named As Finalist In The 2023/24 Step Private Client Awards

Executive Moves

Canopius enters surplus lines segment in the US

Appleby Bermuda Expands Corporate & Dispute Resolution Teams with Two New Lawyers

Sompo International appoints Country Manager,Insurance for Switzerland

Somers Group appoints John Patin as CIO

Inver Re launches integrated global index practice

Arch announces retirement of veteran underwriter

Tax

Navigating the changing tax landscape – Tax considerations for Malta-based asset management businesses

db Group registers after tax profit of €12.4 million

Tax reform and borrowing seen as prime way to make island sustainable

Reports of the return of GST

Corporate income tax: Not ‘holding the bag’

New tax reform proposal includes GST for Guernsey

Regulation, Risk & Compliance

BMA registered two new insurers in August

Bahamas and Botswana Sign MOU on Mutual Development

Private sector needs to lead new economic direction, Caruana tells businesses

IGI redeems warrants for $16.4 million

The Commercial Entities (Substance Requirements) Act, 2023

Companies slow to capitalise on BMA’s sandbox

Comment, Analysis & Research

Great (Restructuring) Expectations: Where to next for Asia

PwC Channel Islands produce local survey of workers’ hopes and fears

2023 NextGen Leaders list published

Fitch affirms its A+ rating for Malta, with outlook stable

JTC Reports Outstanding Financial Performance Alongside Further Strategic M&A, Outlook Ahead of Market Expectations

Employee named in future industry leaders list

Legal

Appleby Bermuda Advised on Launch of New Class E Insurer, Prismic Life Reinsurance Ltd.

BVI Business Companies Requirements for New Annual Returns

Vesttoo wins foreclosure against former employees

Chapter on Enforcement of Foreign Judgments in Guernsey

Carey Olsen shortlisted for Offshore Firm of the Year at The Lawyer European Awards

Law change to aid money laundering investigations

AIM and Hedge Funds

TISE reports profits up 15.8% despite ‘economic headwinds’

Cayman Islands to Establish Presence in Singapore for Asian Market Outreach

Guernsey Sustainable Finance Education series launched

Business leaders to discuss ensuring intellectual diversity in the boardroom

Former Honeycomb trust set to leave sector by Q1 2024

Everest Insurance establishes US wholesale division

FinTech

Eight startups make pitch final

Navigating the cloud revolution in Malta

Embracing the future with Web3 wallets

The AI age brings promise and trouble

Malta Development Bank unveils new website showcasing schemes and opportunities

BOV upgrades ATM screens

Planet SOS

Rewilding the environment and carbon offsets dominate discussions on first day of Sustainable Finance Week

Guernsey Sustainable Finance Education Series Launched

ADB Approves Support To Expand Renewable Energy In Maldives

Renewables provided 20% of peak energy demand in 2022

Visits from HSBC senior team reinforce islands’ international and wealth strategy

Building a sustainable future: HSBC’s commitment to ESG

Covid-19

Jersey significantly reduces Covid requirements including no masks, WFH or contact tracing [latest]

Time To Align

New measures to combat the Covid-19 pandemic in the workplace introduced in Luxembourg

Updated protocols as some islands ease travel restrictions

Vaccination status and flexible workstyle influence consumer optimism

The new rules of travel: What we know and what we don’t