Managers of Wealth Offshore

UK Domiciled vs NonDom status – a guide to rules and tax implications

It therefore seems timely, as part of our fortnightly Private Wealth Planning series, for Frederick Bjorn to answer your questions on the topic.

Suyash Sumaroo, Horizon Africa: Mauritius can be a vibrant and active blockchain hub for Africa

He also highlights the trends, opportunities and challenges the industry is facing and the potential for Mauritius to become a vibrant and active blockchain hub for Africa, which can disrupt various sectors.

Why Guernsey and Jersey Offer a Valuable Alternative to Luxembourg For Private Funds

In the growing area of private funds – funds open only to qualified, sophisticated investors with a lighter-touch regulatory model – the Channel Islands of Guernsey and Jersey are providing a valuable alternative.

Deloitte CFO Survey points to rising costs

Although this has dropped from last quarter’s record high (37%), it remains considerably above the five-year average of 14%.

Jersey's Scrutiny Panels deliver two reports in two days – seasonal workers and gender pay gap

Moving forward, it is now for the Minister for Home Affairs and Minister for Social Security to consider the recommendations and determine whether they will be adopted and in what form.

Fifth of UK bankers earning more than £125,000 a year benefited from non-domiciled tax status, new research reveals

The new research found the 'non-dom' status benefitted the higher earners most.

Mauritius on its path to recovery and remains the leading business hub for Africa and Asia

We are slowly moving away from a post-COVID era and Mauritius is on its way to recover and even prosper.

RAM Ratings assigns a+ LECA rating to Swap Captive

Incorporated in 2017, SCIL provides device protection insurance to customers sourced from the business network of related companies – Swap Logistics Distribution Sdn Bhd and Swap Device Solutions Sdn Bhd (collectively, Swap Group).

Russian bankers shifted wealth away long before sanctions

The data shows how offshore operatives adeptly helped wealthy Russian clients shield their holdings behind shell companies, often in the name of a friend, spouse, or paid assistant.

Guernsey celebrates 100 years of captive insurance

Guernsey Finance, the promotional agency for the island’s specialist finance industry, has released a celebratory magazine to mark the occasion.

Sir Martin Sorrell on his life, career and the future of the global advertising industry

Investment involves risk.

‘Endless Opportunities’ for sustainability and technology in Guernsey’s funds sector

Guernsey is ideal for servicing niche assets, so for anyone who has ever considered using Guernsey as a domicile for funds, or simply if they would like to learn more, would greatly benefit from attending.

Executive bonuses and ESG, slow cancer drug approvals, and KPMG’s acquisition

Business Today: The best news, analysis and comment from The Irish Times business desk

How do we select stocks for our Global Equity Fund that could withstand geopolitical turmoil?

Nevertheless, we believe the way we select and manage the global stocks in our fund means we are as prepared as possible to steer client money through these challenging times.

Deloitte in Jersey retains number one audit firm position for funds by total assets

This enables us to work with clients whose ability to continue to successfully raise capital in uncertain times goes from strength to strength.

Inflation in OECD area hits 7.7% in February

When food and energy are excluded, February’s core CPI was still 5.5% for the OECD area, up from 5.1% in January.

$450m To Make Nassau A Truly Sustainable City

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

Cayman Islands Foundation Companies for DAOs, Defi and NFTs

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.

Loan arrears down nearly $60 million

Commercial banks had to write off an estimated $5.7 million in bad loans

Guernsey housing market activity continues quarterly drop despite 15-year first quarter high

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.

Comment, Analysis & Research