06/12/2017
Bermuda’s impossible monetary trinity
Reimplementing capital controls is also an option in a financial crisis but this is only a short-term remedy.
Comment, Analysis & Research
06/11/2017
Jamaica's business pioneers renew the island's spirit for global success
It seems the narrative of the poor island nation with beautiful seaside resorts is more attractive than the story of a global brand with significant untapped potential.
06/07/2017
BARBADOS: Merge finance with technology
So this is one of the things that Barbados has that we can use to attract foreign exchange into Barbados.
06/07/2017
Proven profits from derisking… gets St Lucia bank at US$8m discount
We think it was a good value proposition and we are happy with the purchase.
06/07/2017
Focus on Finance - June 2017
Delegates heard from expert speakers about how the international wealth management industry is responding to unprecedented market disruption, regulatory change and the rise of post-truth politics.
06/07/2017
Wealth managers face $1.1trn outflows on tax avoidance crackdown
It’s a continuation of the overall challenges that the industry is facing
06/07/2017
The easiest and most complex jurisdictions in the world for accounting and tax compliance
Turkey is the most complex place in the world for Accounting and Tax compliance, followed by Brazil, Italy, Greece and Vietnam - according to TMF Group’s inaugural Financial Complexity Index 2017.
06/05/2017
What every HNW needs to know about offshore trusts
For people who want to avoid transparency, even for criminal, tax, and regulatory purposes, BVI is not the right jurisdiction.
06/05/2017
And the best offshore bank account is…
No matter where you are, transferring money costs a fortune thanks to all the checks the banks must go through to examine whether you’re secretly funding Al-Qaeda.
06/01/2017
Cyprus' investment-for-citizenship program raises questions
The program has proven hugely popular.
06/01/2017
Cayman scores low on cybersecurity assessment
The report only analyzed companies with headquarters in Cayman that are publicly traded and that release an annual report.
05/31/2017
Record ILS growth sets the stage for Zurich insurance masterclass
The outstanding market size of $27.19 billion is roughly $377 million higher than at the end of 2016, according to figures from the Artemis catastrophe bond & ILS market Q1 2017 report.
05/31/2017
BDA releases new testimonial video
Key executives featured in the video describe what they feel are the Bermuda market’s core strengths and why their companies chose the island as a base from which to conduct global business.
05/31/2017
Research reveals US expats don’t like tax rules for those working overseas
The survey from expat tax specialists Greenback, also found that 62% of expats reported that they did not owe any taxes last year or receive a refund. Under the FACTA rules introduced in 2010 all American taxpayers must file their foreign financial accoun
05/30/2017
Rise of the technophobe - education key to tech adoption, says HSBC
The HSBC research report, Trust in Technology, shows that technologies such as fingerprint recognition, voice recognition and robo-advice hold enormous potential for uses from bank security to mobile payments and investment advice, yet millions of people
05/30/2017
The 1000 richest families in Scandinavia evade a third of their taxes, finds a new bombshell study
Research study: The richest families in Scandinavia avoid paying up to a third of their taxes
05/30/2017
Increased international co-operation on financial and corporate issues essential to making globalisation work for all
The OECD Business and Finance Outlook 2017 says that strengthening global governance and co-operation on corporate and financial issues involves establishing “rules of the game” which are both fair and perceived by all to be fair.
05/29/2017
Trust in Technology - HSBC
A study of more than 12,000 people in 11 countries into global technology perceptions and habits, conducted independently and commissioned by HSBC.
05/29/2017
Asset Management Fee Comtinue To Fall Across Asset Classes
The bfinance report “Investment Management Fees: New Savings, New Challenges” found that active global equity management fees have dropped by 8% since the 2010-2014 period as many big investors have embraced passive strategies, brought functio
05/29/2017
Dubai companies ‘target clients’ of Panama companies, according to FIAU report excerpts
It is unclear who set up these companies in the first place, but a transaction was expected to take place between Orion Engineering Group to 17 Black.