Managers of Wealth Offshore

Number of funds in Cayman continues to grow

Government introduced the Private Funds Act in January 2020 in response to international regulatory pressure, in particular the European Union tax blacklist.

Why not retire in Jamaica?

As the vice-president of a Fortune 500 company, she went to work every day online, her children attended school, and they all experienced a better quality of life while California grappled with the pandemic.

Record-setting Q2 for ILS market as $5.6bn raised, Aon reports

Strong appetite for ILS issuance during the second quarter of the year has pushed the market to a new ‘record-breaking’ pace, according to Aon Securities latest report, with $5.6bn in new issuance.

Survey: 13% of tourism stipend workers have full-time jobs

In the survey, 49% of respondents said they were not currently working, with vast majority stating they had no other source of income.

Not Always What It Says On The Tin: The Pitfalls Of 'Without Prejudice' Privilege in Jersey

Importantly, WPP may only be waived by both parties. Unlike other types of privilege, it may not be waived simply by one party.

Labuan IBFC awarded Best Asian Captive Domicile 2021

Third win for the midshore jurisdiction, as growth in captive insurance licenses continues to outpace Singapore and Hong Kong

European securitization trends 2021: leasing, non-performing loans and ESG opportunities surge

Over a year on, such assets can be scrutinised much more accurately, providing originators and investors with a clearer view of credit quality.

MALTA: Interim reporting season started

Invariably, at times, share prices become particularly volatile during the reporting season as the market reacts to the announcement and to the guidance provided by companies.

REITs – a force for good?

Dean Hodcroft, Crestbridge Chief Executive, was joined by Crestbridge Directors Simon Todd and Ana Kekovska for the video discussion which took place live and with an audience in attendance.

The SPACs renaissance and the offshore advantage

BVI and Cayman companies are also tax neutral, meaning there is no additional layer of taxes

9 countries that offer citizenship-by-investment

Investment requirements, options for dependents, benefits and processing times for direct citizenship-by-investment to nine countries.

Is their wish your command? Thoughts for trustees and settlors on letters of wishes

A common issue with letters of wishes is that that they are not kept up to date.

Is smart money on gender investing?

The Asia Foundation, which works across 18 countries in the region, believes the more women that participate in an economy, the more successful that economy.

Call for cap on number of super-rich immigrants

THE number of super-rich immigrants moving to the Island ‘should be restricted’, a Scrutiny Panel member has said, following news that a growing number of high-net-worth individuals have shown an interest in relocating to Jersey.

Weaponising the risk against financial crime

This approach is equally important, and most probably even more essential, for banks to be successful in the war against financial crime.

Beacon Insurance ratings reaffirmed but challenges threaten

It reaffirmed the company’s financial strength rating of CariA- which indicates that its relative ability to meet its ongoing insurance obligations is good.

Insurers need knowledge of all sectors

Some basic tenets, there are many, many more not listed, applicable to insurance coverage ability, whether a commercial or self-funded organisation

Saffery Champness promotes August cycling

The firm is sharing health and safety resources

Guernsey's place in the world

Guernsey has unchanged and unrivalled global market access, including the UK and Europe, following Brexit.

Evolution, not revolution: A practical discussion on closed ended structures in Ireland

Irish regulated funds are exempt from Irish tax on income and gains derived from their investments and are not subject to any Irish tax on their net asset value.

Comment, Analysis & Research