01/09/2015
Charles Taylor to acquire Scottish Widows International, Jersey
It is intended that SWIL will be re-domiciled from Jersey to the Isle of Man following the acquisition and that its policies
01/07/2015
The MLIS Gotham US Equity Long-Short UCITS fund was formally launched as a Luxembourg-domiciled strategy on December 30.
01/07/2015
The Third Point Re cat fund had been launched in partnership with Hiscox
01/06/2015
Following the directives of the State Bank of Pakistan, the entire Islamic banking industry is required to stop offering "Special Hiba" to priority customers with effect from January 1, 2015.
01/06/2015
Speciality insurer Brit has created a new special purpose vehicle to provide capacity support for its property treaty portfolio for 2015.
01/05/2015
he office will also support the growing trade and investment flows between Kenya and Mauritius.
01/02/2015
Trustees in Jersey are now able to offer non-residents access to QROPS, after amendments to the jurisdiction’s pension regime came into force yesterday.
12/30/2014
So the investors don’t actually own any shares of Alibaba but only have a claim on the profits.
12/29/2014
CAHL, which FTIL said had agreed to pay $40 million, is six months old, with share capital of 1,000 Mauritian rupees; FTIL says deal followed transparent bidding
12/29/2014
The AIM IPO was combined with an oversubscribed placing which raised £100 million before expenses.
12/24/2014
Richard Corrigan, Deputy CEO of Jersey Finance described to Zoya Malik its particular focus of services and benefits for GCC customer segments Jersey has recently expanded its team in the GCC.
12/23/2014
An infrastructure fund that will allow Cayman Islands residents to invest in major capital works will be registered with the Cayman Islands Monetary Association in January and will be in a position to bid on public and private sector projects in 2015
12/21/2014
UBS Fund Services has had one of its strongest years in terms of winning new clients according to Monette Windsor , who heads up the Cayman Islands business.
12/21/2014
In July, a hedge fund in Jersey issued a press release announcing that it had become the first regulated fund to deal in bitcoin.
12/21/2014
Clipstone, a logistics real estate investment trust, has raised £40m through a flotation on the Channel Island’s Stock Exchange after scaling back plans to raise nearly four times that amount on London’s main market.
12/19/2014
The next expected development comes early next year with the opening of an information exchange portal – which foreign financial institutions (FFIs) will use to file their FATCA reports to the TIA – as well as the publication of the reporting
12/18/2014
An exemption from the Financial Services Law 1998 has been introduced for regulated hedge fund managers who want to operate managed accounts for their non-fund clients alongside their fund clients.
12/18/2014
Two Guernsey incorporated, London listed funds have appointed Carey Group as company secretary.
12/17/2014
The Caribbean Development Bank has approved more than $120 million in loans to fund dozens of projects related to agriculture, energy and infrastructure.
12/17/2014
A few weeks ago, the same lender mopped up $500 million and $200 million in two tranches, but the re spective spreads had narrowed to 176 bps and 166 bps over the five year US Treasury yield.