Managers of Wealth Offshore

BAHAMAS: Central Bank gets near $250M boost to external reserves through IMF

Central Bank says allocations not being earmarked for lending to govt

Lilley: Singh wants to tax offshore tax havens Trudeau won't touch

“Tax avoidance, tax evasion is something we take very seriously,” Trudeau said shortly after becoming prime minister.

How to improve your mental fitness and boost your wellbeing

These relatively small changes make someone’s lifestyle healthier, it’s the regularity that works.

Idb Report: Bahamas Had ‘Negative Return On Investments In 2020’

Credit to the private sector also hit negative digits through 2019 to 2021, further solidifying the bank retrenchment due to lack of private sector investment brought on by the closure of businesses during the bulk of the pandemic.

CAYMAN ISLANDS: Banking on a rebound

Now that the global economy is emerging from the pandemic recession, credit quality is improving as businesses reopen and become more profitable.

4 ways REITs are a force for good

Crestbridge executives joined Ashurst and Cushman & Wakefield on June 10th 2021 for a lively discussion of these points and more.

RBC publishes first Channel Islands gender pay report

The report shows that the median salary for women is 17% less than the median salary for men in Jersey and 22% less in Guernsey.

IDB notes Bahamas expected to see double-digit increases in public debt ratios through 2026

For example, only 4 of the 12 Caribbean economies considered for which projections are available are currently projected to see debt levels fall below their end- 2019 levels by end -2026.

MALTA: Chamber of Commerce launches recommendations for national workforce strategy

The recommended strategic actions cited by the chamber seek to introduce measures that promote Early Intervention

6 ways women leaders can build authority in the workplace

In 2020 female consumers accounted for $43 billion in global spending, while 85 per cent of women purchased products.

Guernsey University idea fails to graduate

Economic Development President Neil Inder says that pursuing the idea would amount to a "gamble" with public money.

Alternative investment fund managers predict growing popularity of international financial centres

This will be driven by a skills gap and potential tax increases in their local jurisdictions to combat the impact of Covid-19.

Cayman Government fiscal surplus larger than expected

Higher revenue and costs savings

3 opportunities for distressed debt managers today

The Covid-19 opportunity may have been over before it really began, but market participants are raising war-chests and biding their time.

What is a ManCo? Everything You Need to Know

Essentially, ManCos allow the asset manager to focus on generating alpha, through activities such as picking stocks and in-depth sector and market analysis.

Richard LeVine featured in Wall Street Journal article on off-shore tax shelters

Richard adds that in addition to an IRS crackdown, the Treasury Department could seek changes to the Malta treaty.

Spotlight on Bermuda's economic substance landscape

There has been a move from outsourcing administrative and other functions to onshore affiliates, to retaining these activities with the offshore entity.

Distressed debt - It will be back

Their returns are generated through this combination of analysis, forecasting and a thorough understanding of the legal rights and potential remedies conferred on them by the relevant paperwork.

BMA survey illustrates how Bermuda re/insurers support the EU

These payouts included property and casualty losses, as well as life insurance claims.

Modified universalism: not a principle of universal application

In today's global economy, cross-border structures, frequently including an offshore entity, have become familiar to office holders around the world.

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