Managers of Wealth Offshore

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

‘Flexible’ Guernsey framework enables an island first

It successfully raised £125 million in an over-subscribed private placement of shares and warrants for the purpose of completing a business combination with a financial services business that is headquartered or has principal operations in Western a

Chamber hopeful govt commitments will alleviate enduring challenges

Rutherford-Ferguson continued, “The BCCEC further acknowledges and welcomes the government’s commitment to consult and be inclusive in its decision-making."

TrustQuay survey finds a dichotomy between belief and behaviour in corporate services, trust and alternative fund administration

When asked to compare the sector to other areas of financial services, 92% of respondents say that technological innovation in the industry needs to accelerate, with half acknowledging it currently lags behind in terms of its investment in technology.

Over 400 global citizens living in Cayman

The ministry confirmed that the programme, which will remain open until November 2022, continues to attract new applicants and there are 34 currently pending.

Pandemic precipitates new era of outsourcing

Working with relevant partners should be seen as the ‘glue’ that links all the trends driving the growth and evolution of the private client world together.

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