Managers of Wealth Offshore

Appleby : Offshore Business Update - Issue 19

Our online hub which hosts this information will be continually updated as the pandemic evolves.

St Pier hopeful for Guernsey's recovery

Deputy St Pier did not make light of the economic challenges that will face the island in the coming months, but remained stoic in his belief that they can be overcome.

QNUPS Pensions For Expats Explained

QNUPS stands for Qualifying Non UK Pension Scheme.

Expat Pensions

There’s no best expat pension, instead an IFA should tailor a retirement plan that reflects the current and future goals of the expat.

Only a quarter of CISI members show interest in returning to office post-pandemic says financial services survey

Businesses are now re-evaluating what is the purpose of an office, with many focussing on using them primarily for creativity, collaboration and communication rather than a de facto place for work.

Bermuda’s pandemic response was “proactive, aggressive and successful” says Finance Minister - but he warns the battle against COVID-19 is not over

Kathleen Reardon, chief executive officer at Hamilton Re, went even further. “I can’t say we would have been able to do this five years ago,” she said.

Island businesses should focus on technology and sustainability as they prioritise resilience: HSBC Navigator

Published this week, HSBC Commercial Banking’s new Navigator report, Building Back Better, draws from a survey of over 2,600 companies in 14 countries and territories.

The Use of Cayman Islands Structures for SPAC IPOS

Appleby has the expertise and experience to assist with all stages of the SPAC life cycle, from the initial formation and listing to advising on the business acquisition and de-SPAC.

Sidelines to frontlines: Private Debt in Asia

Although deal activity in Asia involving private credit still lags that in the US and Europe, interest in this asset class has risen significantly in recent years.

Benefits and certainty of Guernsey’s UK and EU access underlined as Brexit talks miss deadline

Guernsey continues to have well-established cooperation agreements in place, which leaves the island in a strong and certain position.

Leaders of the pack: at the cutting edge of Cayman captives

Kevin Poole, deputy managing director of Artex's Cayman office, participated in a roundtable discussion with other island experts and Captive International to discuss insights on the captive insurance landscape in Cayman and opportunities around its

Guernsey cash box structures

The resurgence in cash box structures has been aided by the UK Pre-emption Group temporarily relaxing its Statement of Principles as a result of the current circumstances

Gold Returns To Glory And The Gateway To $2000

But then given the almost resistance-less span of twice that distance, Gold added those additional 100 points to its pile in just the past 13 trading days.

Appleby Offshore Business Update

The purpose of this report is to help our clients better understand what “business as usual” in our jurisdictions* actually means.

ILS Bermuda Executive Roundtable 2020

Bermuda is known as a jurisdiction that stimulates innovation and participants suggested that the disruption caused by COVID-19 could accelerate and intensify the focus on technology.

Paul Perrier: Fundkiss aims to democratise the SME financing landscape in Mauritius

The focus of banks in Mauritius over the past decade has been on global businesses and large corporates.

Cyprus should become a regional services centre – Baker Tilly

Klitou points out that the number of companies registered in Cyprus that are actually paying the annual levy is only at about 50 per cent.

Euromoney Awards for Excellence: Best Bank in Mauritius

Seven in a row for Mauritius Commercial Bank (MCB)

Expansion of the scope of the Private Funds regime

These changes will primarily impact single investment structures, alternative investment vehicles, master funds and those structures where no fees are paid or fees are only paid at one level.

Navigator report highlights importance of resilience for Island businesses

It highlights that the crisis has forced many businesses to adapt, with almost two thirds (63%) having modified their operations already.

Comment, Analysis & Research