Managers of Wealth Offshore

$75m superyacht linked to Russian steel billionaire auctioned off in Gibraltar

The vessel was seized in March under sanctions imposed on Moscow over the war in Ukraine

‘Too bad’: BOJ governor unswayed by cries of FX losses by big firms

The central bank head does not share the characterisation in some of the company earnings reports that the foreign exchange market has continued to be volatile.

Guernsey Finance's US Representative reflects on first few weeks in role

The main challenge I see in taking up this role is changing existing business habits in the US and leading more intermediaries to use Guernsey.

Treat talent as scarcer than capital

The same research also found that the rate of those quitting or resigning from their job is 25 per cent higher than pre-pandemic levels.

Russian Oligarchs: Where Do They Hide Their ‘Dark Money’? BVI for Starters

Since Russia’s invasion of Ukraine, countries around the world have been using sanctions and new laws to try find this “dark money”, hoping to damage the oligarchs close to President Putin.

Navigating the Bermuda Triangle of sustainability communications

But mostly it depends on three key business functions aligning: sustainability; communications; and legal.

Repurprose: CIBC First Caribbean managing director says branch closure will improve regional efficiency

Bend noted that all branch employees were offered positions at other branches but also have the option to take severance as per labor guidelines.

HSBC staff take on Three Peaks challenge

27 people from Guernsey, Jersey and the Isle of Man climbed the three highest mountains in the UK within a 24-hour period: Snowdon (Wales), Scafell Pike (England) and Ben Nevis (Scotland).

OPINION: “Employers will continue finding it difficult to recruit”

The cost of renting is also rising significantly with the average property rental now 14% higher than a year ago.

Barbados Economy Rebounds from Pandemic, But Central Bank Cautious

Tourism growth was led by Barbados’ traditional markets of the United Kingdom, United States and Canada.

Digital nomads put an estimated $28 million into economy

Only businesses outside the island can employ certificate holders so as to protect local jobs.

The bank can only move as fast as society and our customers want

The stats show a 25-year track record for RBSI, despite the banking crisis, with the most recent annual report showing an operating profit in 2021 of £358m, way above the previous year’s £99m, which was impacted by Covid.

Hopping across luxury islands in Maldives for sustainable solutions

There’s a ban on all kinds of plastic on the island, which keeps the flora and fauna flourishing.

Adding value to a changing world

In 1976, my father won a concession in Jordan but then when civil unrest struck that country, he realised it was time to explore an alternative.

Winners Announced for 2022 Rising Stars Awards

The winners of this year’s Jersey Finance Rising Stars Awards were announced last week at a ceremony on 29 July at the Royal Jersey Showground.

What is an employee benefit trust (EBT)?

The trust can also be exempt from certain statutory rules, including financial assistance provisions.

Technology creating a “tidal shift” for funds

Recently, the chief economist of a global wealth management firm stated emphatically on record that he does not care about technology, and he is only interested in its economic impact.

Premier: Census shows Cayman needs more careful, managed growth

Based on the report’s figures, Cayman’s population of 71,432 as of October 2021 has grown by 29.2% since the last census in 2010 and was 70% larger than just 25 years ago.

Islands is ‘most trusted insurance brand’ in Channel Islands

Islands has placed consistently highly in the Index, but this is the first year the business has been named ‘Most Trusted Brand’ in the Insurance market in both Islands.

Guernsey inflation at highest level since 1991

The States predicts the cost of living will rise further in 2022, as the recent rise in electricity prices was not captured in the quarterly figures.

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