07/29/2022
What is an employee benefit trust (EBT)?
The trust can also be exempt from certain statutory rules, including financial assistance provisions.
Comment, Analysis & Research
07/29/2022
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.
07/29/2022
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.
07/27/2022
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.
07/27/2022
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.
07/25/2022
Bedell Cristin share insights into Jersey trusts and foundations with Chinese lawyers
During the presentations, Maria provided an introduction to Jersey’s International Finance Centre, Ellen spoke about setting up trusts and foundations in mainland China, and Nancy provided insights into their establishment in Jersey.
07/25/2022
BML reports operating profit of MVR 592 million for the 2nd quarter
Operating profit reported for the second quarter of this year is a 19 percent increase compared to the same period last year
07/25/2022
Russia included the Bahamas, Guernsey and Maine in the list of unfriendly countries
On July 22, the government expanded yet another list of unfriendly countries, but created a year earlier, in April 2021.
07/25/2022
More over-50s returning to work amid cost-of-living crisis
A study found that economic activity levels among the over-50s are at their highest since the pandemic began.
07/22/2022
Why the rich are flocking to St. Kitts and Nevis
These provisions allow the government to operate a program under which citizenship is granted to persons who qualify under criteria set by cabinet decision.
07/19/2022
Jersey Finance CEO highlights evolution of philanthropy
In particular, panellists highlighted the fallout of major global events, including the pandemic, climate change and conflict in Europe, as giving renewed impetus to the desire amongst families to enter the philanthropic space to create a long-term legacy
07/18/2022
Bermuda Tourism sector showing signs of improvement
The year to June also saw 123,013 cruise passengers, including more than 58,000 last month, visit the island, representing a 47 percent decline on 2019 — a year in which a record 808,242 visitors came to Bermuda by air and sea.
07/15/2022
Conyers Recognised as Leading Offshore Trusts Advisor in Chambers High Net Worth 2022
Conyers’ Cayman trusts practice received Band 2 recognition.
07/14/2022
Bermuda makes top 20 in Caribbean best destinations list
The category was won by Dominica, which scored an average of 91 out of 100 – enough to make it the eighth most popular island destination in the world.
07/13/2022
Scotiabank Barbados Named as a Great Place to Work
Over the past year, Scotiabank continued, to provide employees with key resources to support their total wellbeing, physical and mental health and career development.
07/13/2022
Twenty five years of protected cell companies
The concept underpinning the structure is that the PCC is one legal entity within which there are a series of pools of segregated assets and liabilities.
07/13/2022
The Bahamas recognised for its consistently high quality standards
The Bahamas is once again the highest ranking non-European Flag and appears in the top five of registries.
07/12/2022
Post-pandemic real estate boom driving up Exuma property prices
For realtors, it will after five to 10 years hopefully add the needed inventory.
07/08/2022
Diversity is in more than just the nature of our work
Look beyond the stores and shelves and there is a lot more to your Co-op than just being your ‘store just around the corner’.
07/07/2022
Transforming Real Estate
During a Q&A session with Penny she provided a fascinating insight into both her career, our industry and the critical importance of believing and driving diversity.