04/06/2022
Loan arrears down nearly $60 million
Commercial banks had to write off an estimated $5.7 million in bad loans
Comment, Analysis & Research
04/06/2022
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.
04/05/2022
Bahamas In Modest Financial Centre Rankings Improvement
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
Vetting for super-rich is under ‘constant review’
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
The LatAm fund landscape: Q&A with Tim Cone
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
Legal aid in Jersey enters 21st century. What are the alternatives?
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
Guernsey’s advantages to US private equity fund managers
For US fund managers thinking of targeting foreign investment, Guernsey may be worth considering for a few key reasons.
03/31/2022
The right to a bank account? − Kevin-James Fenech
Local banks enjoy a quasi-monopolistic position
03/31/2022
The Bahamas makes its presence felt at intl. insurance conference
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
While Cayman economy declined in 2020, it did better than most
Hotel & restaurant services experienced a contraction of 53.2 per cent in 2020
03/31/2022
Top investment director flew on Greensill’s private plane, officials say
The Swiss asset manager and its employee were fined a total of £9.3 million in December
03/31/2022
Strong Growth Trajectory for Jersey Funds Sector in Positive Year for Industry
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
‘Guernsey can turn its “demographic dilemma” into a ‘demographic dividend,’ says IoD Mid-Term keynote speaker
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 Reports Net Income Of $25.2 Million
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
Today and beyond: The next generation challenges the status quo of family business
While only 28% of NextGens are currently leading sustainability efforts, 72% expect to do so in the future.
03/29/2022
Jersey: Proposal to increase investment business fees by 8.8% in 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
Economic growth will not be without uncertainty
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: An Alternative Jurisdiction for Global Securitisation Sponsors
Jersey has a long history of debt-issuing vehicles and those have ranged from short-dated issuers
03/27/2022
US Virgin Islands clarifies captives law
The committee also considered a new bill to authorise the Virgin Islands Port Authority to establish a self-insurance program on the same day.
03/25/2022
CWC: Guernsey is in a good position to promote captive sector
In these conditions, demand for alternative risk financing solutions is anticipated to continue in 2022 from all industry sectors, geographies and corporate entities.