Managers of Wealth Offshore

Multigenerational wealth – how to keep it in the family

Around 70% of wealthy families will lose their wealth by the second generation, and 90% will lose it by the third.

Eurozone banks set to tighten conditions for housing loans

Banks’ overall terms agreed in loan contracts, eased slightly for loans to firms, while they tightened for housing loans and remained broadly unchanged for consumer credit in the third quarter.

Why So Few Rich Americans In The Pandora Papers?

The primary reason that wealthy American no longer show up routinely in offshore disclosures such as this is that the cost-benefit of hiding offshore accounts from the IRS is not favorable.

Today we meet Neil Fellows to understand his role as a Lloyds Bank Foundation Trustee

We spoke to Neil Fellows to find out more about his role as a Lloyds Bank Foundation Channel Islands trustee.

Trends in the Irish market: growth and opportunity

Another trend in the industry is that people expect their funds to work for them, particularly retirement and other retail investments.

Engagement over new consumer credit regulations continues

There is a real recognition of the importance of protecting consumers, and that this is an area where Guernsey is stepping up its game for the benefit of all.

Island ‘not immune’ in global battle to hire and retain staff

COMPANIES are locked in a global battle to hire and retain the best staff, according to new research – and Guernsey is not immune from the trend.

Jersey Private Fund growth underlines jurisdictional appeal

There are now 456 JPFs registered – up 50 in six months – holding Assets Under Management of £78 billion.

Talking Global Finance Podcast: a South African Story

They explore this special relationship and discuss what drives many South African business leaders and entrepreneurs to set up in the Isle of Man.

Use of Wealth Management Companies - Investment in Cryptocurrencies

Among the 24% who did not report using a wealth manager in Q1 2021, a third planned to start doing so this year.

INSIGHT: Jersey's recruitment crisis - in the eye of the "perfect storm"

From Health to Infrastructure, education, the Ports and even finance, few areas have been left untouched by staffing struggles in recent months.

Design in haste, repent at leisure

The news that just hours after it was launched, a security flaw was discovered in Jersey's digital covid-19 certificate is disappointing but probably not surprising.

Pandora Papers leak highlights importance of third-party due diligence

In many of these jurisdictions, sometimes referred to as tax havens or secrecy jurisdictions, associated tax rates may also be low, or even nil.

Malta’s attractiveness at an all-time low as investors flag grey listing concerns

In a first for Malta, the majority of foreign investors consider Malta unattractive

Rolling Out The Red Carpet For Investors

"We are creating an environment that offers red carpet, and not red tape," says Invest TCI's Interim CEO, Angela Musgrove.

Labuan IBFC to be Asia’s Leading Digital-Based Financial Gateway with Islamic Finance Capabilities

The DFS in Labuan IBFC is continually growing in recognition of the progressive approach that the centre has taken in embracing the digital revolution

Guernsey can play a part in Hong Kong’s ESG growth

Mourant Partner Gilly Kennedy-Smith said that as well as being mindful of guidance and regulation in governing structures, there needed to be consideration towards the unique perspectives of each family.

‘EY’s survey proves the PN right: our country cannot take its corporate tax for granted’

“We need to be conscious and realistic to what is happening around us,” he said.

Yacht Ownership – What you should Know

The superyacht industry, which to date has produced a total of 5,325 superyachts in operation around the globe, directly employs approximately 150,000 people worldwide.

A new study finds that dirty money remains easy to hide

Banks and corporate-service providers barely differentiate between clean and risky clients

Comment, Analysis & Research