04/15/2016
Hedge funds get glacier bond agenda from Iceland’s new PM
Johannsson has little room for error as he tries to guide Iceland through the final steps of unwinding the capital controls in place since 2008
Planet SOS
04/15/2016
US cautions Caribbean countries offering economic citizenship
The announcement came less than two weeks after ISIS carried out attacks in ParisThe announcement came less than two weeks after ISIS carried out attacks in Paris
04/14/2016
Transamerica Life Bermuda rides the rising wave of Asian wealth
According to the 2015 World Wealth Report, wealth across Asia’s emerging markets is expected to total USD8,404 billion by 2017.
04/11/2016
Solvency II and Bermuda’s global reputation shaping up as hot topics for discussion at RIMS 2016
RIMS presents a timely opportunity to counter such misinformation and clarify Bermuda’s worth to the world
04/08/2016
Panama Papers: How Jersey-based oil firm avoided taxes in Uganda
Revelations from the Panama Papers show how a company based in Jersey, a British crown dependency, attempted to avoid paying $400m (£280m) in Capital Gains Tax to the Ugandan government, writes BBC Africa's Rob Wilson.
04/07/2016
Preparing to live happily ever after
The Pension Strategy Group in mid-2015 issued a raft of some additional 27 recommendations; some of them no more than reiterations of earlier recommendations dating back to 2005.
04/07/2016
Equiom shares aviation industry expertise at EBACE
More than 13,000 guests and up to 500 exhibitors are expected to attend.
04/05/2016
VinaCapital completes fund migration from Cayman to Guernsey
Directors of VOF announced back in October 2015 that the fund would be migrating to Guernsey, highlighting that the fund's place of domicile and its quotation on AIM were barriers to certain potential new investors.
04/05/2016
Sale of Hexagon Insurance PCC heralds new chapter for Robus
The sale of Hexagon Insurance PCC, along with Axe Insurance PCC, Septagon Insurance PCC and Hexagon ICC, will allow Robus to concentrate on its core strengths and marks a new chapter for the business.
04/05/2016
Opus Fund Services - Best Global Hedge Fund Administrator
Indeed, Opus is at the vanguard of providing administration services to managers investing in the marketplace or `peer-to-peer' lending space.
04/04/2016
JAMAICA: Sterling Investments Lists On US$ Equity Market
Early investors in the fund include ATL Pension Fund, GraceKennedy Pension Fund and Cable & Wireless Pension Fund.
04/04/2016
Owner to list Ritz-Carlton Grand Cayman for sale
Five Mile last yer completed a three-year, multi-million-dollar renovation of the hotel on Grand Cayman, the largest of the Cayman islands.
04/04/2016
Peregrine Guernsey appoints Northern Trust for Global Custody and Fund Administration
The funds will be administered from Northern Trust’s Guernsey office and add to its growing client base in the Channel Islands where Northern Trust provides a range of fund administration solutions, banking, global custody, depositary, credit and fi
03/31/2016
Artex Risk Solutions to buy Hexagon Insurance PCC
Established in August 2011, Hexagon is part of Robus Group, founded by the late Chris Le Conte, exclusively providing PCC facilities to the Insurance Linked Security industry. The deal includes the company’s three subsidiaries: Axe Insurance PCC Ltd
03/31/2016
Channel Islands firms honoured in AI Fund Awards
The awards highlight not only the funds that, despite the often unpredictable climate in which they operate, have managed to achieve remarkable results, but also the managers, advisers and wealth management specialists whose expertise and experience make
03/29/2016
Historic FCPA Settlement Reflects Increased Regulatory Focus on International Anticorruption Issues Arising from M&A Transactions
Under the terms of the settlement, VimpelCom is required to pay $167.5 million to the SEC
03/24/2016
RL360° reviews funds for flagship product, Quantum
International life company, RL360°, has expanded its range by adding 28 core new fund links following its annual fund review of Quantum, its flagship regular savings product.
03/24/2016
Arthur J. Gallagher to Boost Brokerage Services in Bermuda
After the acquisition, KIM will continue its operations from its locations in Bermuda, Cayman Islands, Guernsey, and in the states of South Carolina and Vermont.
03/22/2016
Insurer ‘Re-Lends’ $15m To Offshore Bank Affiliate
The details, disclosed in the financial statements’ note 14, show that Colina Holdings (Bahamas) was the original borrower of the $15 million advanced by FirstCaribbean in June 2015.
03/21/2016
New World Development Wins Go-Ahead to Take Chinese Unit Private
Minority investors rejected the previous attempt by New World Development to take the Cayman Islands-incorporated Chinese unit private for $2.4 billion, forcing Cheng to wait at least 12 months for another try.