Managers of Wealth Offshore

Jersey fund industry tops 17% growth as assets hit £373bn

The Jersey Fund Industry maintains its momentum for three consecutive years enjoying an impressive 17% average growth

The economic toll of the coronavirus – from iPhones to solar panels to tourism

While much of the world’s attention is rightly focused on the human toll of COVID-19 – including the 1,873 deaths reported as of 18 February – the economic toll of the outbreak also has potentially disastrous implications.

Beyond shared service centres: Three offshoring models

Another marker lies in the fact that IBM’s India operations are a far cry from the stereotypical call centres of decades ago.

Middle Eastern families look west for wealth structuring

WEALTHY Middle Eastern families are looking to the Channel Islands when it comes to structuring strategies.

Financial Secrecy Index 2020 reports progress on global transparency – but backsliding from US, Cayman and UK prompts call for sanctions

The sixth edition of the biennial Financial Secrecy Index sees Switzerland reduce its ranking to the third biggest enabler of financial secrecy in the world.

BWCI’s new actuary

Luke’s qualification will bring the total number of actuaries at BWCI

Australia a safe haven for illicit funds, but Cayman Islands the world’s worst

The report also noted major risks emanating from Cayman’s hedge fund industry, which uses companies, trusts and limited partnerships that are “cloaked in secrecy”.

The government wants to turn the UK to “Cayman on Steroids”, warn tax campaigners

The Cayman Islands have just been blacklisted by the EU.

Balancing Innovation with Simplicity by Joe Moynihan

HMRC provided valuable pointers on how to navigate CGT reporting elections.

Plan for secondary pension scheme now – BDO

BDO is an active advisor to Guernsey’s commercial sector and has clients spanning retail, healthcare, real estate and hospitality as well as a wide portfolio of fund, private wealth and insurance sector clients.

Focus HR to host information event in Guernsey

With a recent rebrand, an enhanced team, and new service offerings and packages to suit all businesses, Focus HR Solutions continues to go from strength to strength.

ZEDRA Zurich’s Vadim Neumann invited to speak at Swiss Embassy event in Kyiv

He will mainly focus on some of the benefits that Switzerland can offer fast-growing Ukrainian companies

Reflection and inflection: the past and present of regulatory change

For the financial industry and for regulation, the past 10 years have been similar to changing the tyres on a moving car.

Burt: Bermuda primed to deal with Brexit

This Bill will ensure that Bermuda is ready and able to adjust, whatever continues to be decided in this transition period, and will provide the framework for our continued responsiveness to this change in this relationship between the UK and the EU.

The 2020 global wealth outlook

New Wealth-X Report Reveals Significant Growth Among Those with $5 to $30 million in Net Worth.

Guernsey demonstrates agility and innovation in ILS market

Guernsey’s insurance industry has quickly built a strong position in the global ILS market and particularly thrives on its long-held reputation for agility and innovation.

Opposition: Cayman needs to fight blacklist

Cayman is the only British Overseas Territory to face blacklisting.

Why the BVI means business

The jurisdiction is also world-renowned for its skill in preserving wealth and supporting with effective succession planning.

Barbados PM wants new CDB strategy

The Prime Minister said Barbados had benefited from almost $1 billion in development capital over the last 50 years from the bank.

What does Brexit mean for the Qrops overseas transfer charge?

Just one of thousands of details that need to be clarified

Comment, Analysis & Research