Managers of Wealth Offshore

Taking change in your stride: Jersey’s National Risk Assessment of Money Laundering

The NRA is a key step towards our next assessment by MONEYVAL, which uses the FATF recommendations as its starting point.

Latest Asset Tracing Trends in BVI, Hong Kong and South Korea

Randall Arthur, Joyce Xiang and Calvin Koo looked at judicial assistance between Hong Kong and Mainland China, as well as the recently amended Hong Kong money laundering statutes.

Top tips for effective remote meetings

The anticipated shift is not limited to the balance of roles, but will also impact how salespeople across various roles interact with advisors.

Private jet terminal could bring big spenders

Upgrades to general aviation terminal needed

'Significant' threat of overseas financial crime in Jersey

A number of examples outlined in the report did not end in prosecution, despite suspicions from Jersey authorities of criminal activity.

Understanding the secretive networks used to move money offshore

"In general, in any social network like LinkedIn or Facebook, there is something called 'Small World Phenomenon', which means that you're only ever around six people away from anyone in the world," Kejriwal said.

Temporary Bank Centre At Rosebank To Cease

Customers are encouraged to continue to use online channels—Butterfield Online, the Butterfield mobile banking app, or ATMs—to conduct banking transactions wherever possible.

UK Commercial Real Estate and the Resurgence of JPUTS

Walkers’ Jersey team has recently seen an increasing number of instructions coming from South East Asia and the Middle East for the establishment of new JPUTs to acquire and hold UK commercial real estate.

Jersey publishes first risk assessment for money laundering

Among other areas, the Island scored highly in the integrity and independence of its financial crime prosecutors, the effectiveness of its definition of money laundering crimes and the quality of its border controls.

Could super yachts be a new niche for Cayman?

Attracting millionaire yacht owners would bring challenges as well as benefits

Cayman ranks seventh highest debtor to Taiwan's banks

Australia followed in sixth place at US$24.98 billion.

BVI economic substance for private wealth – snagging items?

The RA is required to maintain prescribed information relating to whether the entity carries on a relevant activity

Managing the evolving compliance landscape facing multinationals

We take a closer look at the findings of the Global Business Complexity Index 2020

The rise and rise of mutual agreement procedures in the EU

Eddie Morris, Jennifer Breeze and Janelle Sadri discuss how the growth in the number of mutual agreement procedures, coupled with fine-tuning of the process, has affected its themes of access, resolution and implementation.

What Are The Go-To Jurisdictions for Wealthy Middle Easterners and Why?

As a result Cayman remains a favourable jurisdiction providing substantive offshore structuring solutions for the region.

Introducing A Guide to Family Offices

The launch of the guide comes as the number of family offices has surged in recent years

‘Switzerland failing to tackle money laundering’: Thelesklaf

The former head of Switzerland’s anti-money laundering office says the country is failing to pull its weight in the fight against large scale corruption.

Companies House powers boosted to tackle £137bn dirty money deficit

Transparency International UK research has found at least 929 UK shell companies used in 89 corruption and money laundering cases, amounting to around £137bn globally in potential economic damage.

Employers should prepare for long-term changes to the world of work

Most of us are now working very differently.

GFC win inaugural Skipton Cup

FC Isle of Man Commercial Director Ty Smith, who was visiting Guernsey for the first time, said that despite the result, it had been "a truly great occasion".

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