04/07/2022
Financing the Government’s share will be a tall order given the fiscal and debt crisis, which has only been made worse by Hurricane Dorian and the COVID-19 pandemic, but the report recommends spreading the investment out over two decades to reduce d
04/07/2022
One of the most important considerations, as explained further below, is the Cayman Virtual Assets (Service Providers) Act (VASP Act) and how it might impact a project.
04/06/2022
Commercial banks had to write off an estimated $5.7 million in bad loans
04/06/2022
It is a similar story for the Guernsey Open Market where the 27 transactions recorded by Unusualities of Guernsey in the first three months of this year is up on the same period last year but at its lowest quarterly level since the beginning of 2021.
04/05/2022
Its rating, which fell by 51 points in 2021, rose by 11 from 540 to 551 to move The Bahamas one spot ahead of major international financial centre (IFC) rival Bermuda.
04/04/2022
Valery Oyf – who has been described in international media as a close friend of Mr Abramovich – bought his mansion in Ouaisné Bay in 2020 with his wife Yulia Makeyeva, an artist based in Jersey, in an area of the Island that has become
04/04/2022
Successful LatAm-based managers also utilise Cayman structures for international fundraising that is then deployed in international markets, without any particular connection to LatAm.
04/01/2022
The existing system was deficient in that those receiving legal aid had no choice at all as to which lawyer they were allocated to.
04/01/2022
For US fund managers thinking of targeting foreign investment, Guernsey may be worth considering for a few key reasons.
03/31/2022
Local banks enjoy a quasi-monopolistic position
03/31/2022
CICA brings together the best captive professionals from around the world in a domicile-neutral setting to explore new uses of captives, to engage new talent, and to outline best practices,” read a BFSB statement.
03/31/2022
Hotel & restaurant services experienced a contraction of 53.2 per cent in 2020
03/31/2022
The Swiss asset manager and its employee were fined a total of £9.3 million in December
03/31/2022
The growth is driven by the alternative asset classes, including private equity, real estate, hedge, credit and infrastructure, which now represent 89% of total funds business, with private equity and venture capital in particular increasing by 27% over t
03/31/2022
The event began with a series of interviews with young people who shared their reasons for leaving the island or concerns about staying in Guernsey.
03/29/2022
BF&M’s Group Employee Benefits business was the primary driver for these earnings as Group Health, Life, and Pensions lines all met profit expectations.
03/29/2022
While only 28% of NextGens are currently leading sustainability efforts, 72% expect to do so in the future.
03/29/2022
Financial crime supervision has increased the volume supervisory activity for this sector. Some of the underlying reasons are covered in the National Risk Assessment.
03/28/2022
GUERNSEY and Jersey should expect a year of ‘above trend’ economic growth this year but will not be immune to rising costs and geopolitical uncertainty, according to a new forecast.
03/27/2022
Jersey has a long history of debt-issuing vehicles and those have ranged from short-dated issuers