Managers of Wealth Offshore

Jersey SEPA amendment ‘good news’ for banking sector

“Jersey has a positive role to play in Europe as a facilitator of cross-border financial services, not least in providing around €190bn of foreign investment into the EU each year."

CIBC eyes FirstCaribbean valuation around $1.4 bln

Reuters reported in December that CIBC, which holds a 91.5 percent stake in FirstCaribbean, was considering listing 20 percent of the business early in 2018, and, subsequently, selling more shares.

Inside Monaco’s $48,000-a-night Princess Grace hotel suite

You can do a lot with $48,000 — pick up a couple of basic SUVs, acquire three Bitcoins or even buy a small house.

Working Lunch interview with Global Head of Corporate Simon Dinning

As a partner and Global Head of Corporate at Ogier, Simon oversees multiple jurisdictions

Jersey foundations jump by 9%

It’s also significant that Foundations are proving attractive in the Middle and Far East, often as part of Sharia’h-compliant financing arrangements.

Q&A with Bradley Kruger: The offshore perspective on blockchain and cryptocurrencies

Hedge fund managers in particular are starting to set up dedicated funds or allocate parts of their existing portfolios to crypto-currency investments.

Managing operational risk

Operational risks have three major characteristics.

700+ new listings on TISE in 2017

During 2017, financial services business PraxisIFM Group Limited became the latest trading company to be listed on TISE.

Gibraltar exchange hopes to rock with launch of cryptocurrency

Despite some cooling for digital currencies so far this year, 2017 saw the value of bitcoin soar by more than 1,500% against the dollar.

A Swiss Banker Helped Americans Dodge Taxes. Was It a Crime?

Stefan Buck created bank accounts for dozens of Americans hiding money from tax collectors. The U.S. tried to hold him personally accountable.

Disgraced Dragon Blames Malta's 'Toxic Reputation' For Failed Business Fund

Her business didn't work out, and it's Malta's fault

GFSC reports year-on-year growth for Guernsey funds

The total value of funds business in Guernsey grew by approximately £20bn over the 12 months to the end of the third quarter of this year, according to figures from the Guernsey Financial Services Commission (GFSC)

Bahamas Warned: Prepare For Bitcoin 'Game Changer'

A prominent realtor yesterday warned the Bahamas to prepare for Bitcoin and other digital currencies, describing it as a potential "game changer" for conducting real estate deals

Cayman see near 7% fall in funds since 2013

Since 2013, when the number of funds peaked at 11,379, there has been a 6.97% decrease in registered funds here over the last three years.

Plunging Pound Saps Expat Pension Spending Power

Brexit and the falling Pound is damaging the wealth of British expat pensioners around the world

3 Asset Management Marketing Trends to Watch in 2018

One unmistakable conclusion to be drawn from the report is that, each year—each quarter, really—will be increasingly critical to the long-term prospects at major asset management firms.

Private jets, luxury hotels and selfies with a prince – it’s far from a dog’s life

PRIVATE jets, five-star hotels and luxury holidays in Monaco might sound like a description of the lifestyle of a famous rockstar – but it’s actually from the diary of a rags-to-riches dog.

‘70% increase’ in demand for European, Caribbean nationalities

The increase in demand is also attributed to the latest amendments in the citizenship legislation of countries

Dominica Welcomes Newest Offshore Bank

The Commonwealth of Dominica is one of the nine members of the Eastern Caribbean Central Bank (ECCB).

The double standard about tax havens

Switzerland tops the list of the Tax Justice Network’s financial secrecy index—and the United States comes in third. European Union (EU) member states Germany and Luxembourg also fall in the top 10.

Comment, Analysis & Research