Managers of Wealth Offshore

Channel Islands economic substance laws a positive for islands

Under the new laws, tax-resident companies will need to satisfy an economic substance test of three parts.

MGA Association hears of Guernsey’s ambitions

There are more than 300 MGAs in the UK, underwriting about 10% of the UK general insurance market’s £47 billion in premium income.

Finalists Announced for IoD Jersey Director Awards

The ceremony will be hosted by special guest speaker

The real-life fight against dirty money flowing into London from foreign countries

A sacked official of Bangladesh Armed Forces Shahid Uddin Khan smuggled out millions of dollars from Bangladesh to various countries including United Kingdom.

What do Banks Need to Know About Virtual Currencies Right Now?

Some of the larger financial institutions are beginning to formalize their positions.

2018 was a good year for real estate in Monaco

New projects such as the sea extension will be a good advertisement for Monaco and will provide modern, high-grade residences.

Central Bank: Bahamas economy sustained “upward trajectory”

“In this context, gains in employment are anticipated to be maintained.

Going offshore for ESG investing: Here’s what you need to know

The good news is that over the last three to four years, retail investors’ access to ESG has exploded.

Singapore ranked as most powerful passport in the world, alongside Japan and South Korea

A snapshot at the index’s top 20 today compared to what it was twenty years ago, tells an interesting story.

David Straz's foundation owns a stake in a bank on a Caribbean island with a 'problematic' financial reputation. Does it matter?

The retired banker's foundation owns a $3.1 million piece of the Bank of Nevis Limited. He is tight-lipped about the details.

Cayman Deal To ‘Triple’ Royalfidelity Pensions

With Royal Fidelity now also completing the documents required to obtain approval from the Central Bank of The Bahamas and Barbados regulators, where it also operates, Mr Anderson said he hoped the transaction will close by mid to late April.

Company formation sector broke records last year

Exempt companies saw the most growth last year, with 13,893 such entities registering and 90,265 active at year’s end.

Labuan IBFC continues to grow due to non-resident biz

Notable achievements in the centre’s business sectors included the 12.5 per cent growth – 1,059 incorporations – in new company incorporation, mainly from the Far East region, with the majority from Japan, China and South Korea.

Hundreds of houses in off-shore havens

Of these, 362 are owned by companies based in so-called secrecy jurisdictions, or tax havens – countries whose laws allow them to keep their financial activities private or to pay a low amount of tax.

How wealth management can utilise fintech for accountability By Wael Al-Nahedh, CEO, Spearvest

The report, which surveyed 200 wealth managers, highlighted the need for wealth managers to begin choosing technologies that will help them to provide more effective client services.

Caribbean Islands becoming hot spots for Chinese investment

Marco Rubio, says he is ‘very concerned’ about China’s efforts to extend influence into Latin American and the Caribbean

Jersey’s new International Savings Plan expected to drive new employee benefit business from overseas

ZEDRA’s Head of Employer Solutions, Elaine Graham, says it is likely that international firms will look to Jersey as they consider flexible employee savings arrangements to retain talent.

Guernsey survey points to funds distribution shift

Guernsey’s European distribution is through National Private Placement Regimes, which provide a proven, smarter, faster and cheaper route to access European investors.

Barita Entering Investment Banking

Barita mainly offers boutique stockbrokering services and unit trust instruments to clients.

Guernsey features in new UN green and sustainable finance report

The Shifting Gears report says that the transition is happening, with investors backing the Principles for Responsible Investment

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