05/22/2014
Ogier partner William Simpson and senior associate, James Cooke, acted as Guernsey legal advisers on the fund launch. Aztec Financial Services Limited are the administrators of the new fund.
05/21/2014
Aurigen, which is based in Hamilton, Bermuda, but has established operations in Canada and expanded into the U.S. last year
05/19/2014
BCB has selected a multi-product approach from Temenos, including T24 Model Bank to be run on the Microsoft SQL Server platform, as it offers an integrated solution that will provide for a more structured and rapid implementation.
05/19/2014
The Bermuda Registry of Shipping has officially launched a satellite office in London.
05/15/2014
Guernsey proves an attractive option under AIFMD
More than 100 new funds were launched from Guernsey last year. Fiona Le Poidevin of Guernsey Finance believes that this is a major vote of confidence in the Island’s approach to AIFMD.
05/14/2014
Sure to acquire cloud services provider Foreshore
Channel Islands communications provider Sure announced that its subsidiary Sure Ltd. is set to acquire 100 percent of the shareholding in data center and cloud services provider Foreshore for an undisclosed sum.
05/13/2014
Obscure Hong Kong firm manages 1MDB’s funds in Cayman Islands
The funds were invested through 1MDB’s wholly-owned unit Brazen Sky Ltd
05/13/2014
Subsequently, a number of banks announced that they were withdrawing support for digital currency exchanges
05/13/2014
Imperium Trust Company Limited has completed the acquisition of Guernsey-based trust and corporate services business – Saltire Trustees.
05/12/2014
Mystery of Malaysian 1MDB's US$2.3b Cayman Islands fund
It still has not given details of the funds or manager's name
05/12/2014
As a result, this increases interim distribution by 8%. Joining me on News Leader with more is CEO Marc Wainer.
05/09/2014
ACP Re is a Bermuda based reinsurance company
05/08/2014
The Guernsey Financial Services Commission licensed 99 new international insurers in the 12 months to the end of March.
05/06/2014
Fund Corporation to be acquired by Providence Financial
Agreement has been reached in principle for Guernsey fund administration firm Fund Corporation to be acquired by Brazilian emerging markets specialist Providence Financial, subject to regulatory approval.
05/01/2014
Bahamas appoints BNY Mellon for agent roles
BNY Mellon has taken on a number of agent roles for the Bahamas’ $300 million bond issuance.
05/01/2014
British Virgin Islands: Predacity Completes First Stage of Fundraising
Predacity Capital Management Ltd announces the launch of trading and successful first stage capital raise of USD 6.2 million for the Predacity Emerging Markets High Yield Bond Fund Ltd.
05/01/2014
BAHAMAS: NUA Insurance Targets 3,000 Clients With New Cyber Liability Product
The company, which is the first to launch this type of coverage, held its launch at the British Colonial Hilton Hotel recently where a cross section of the business and insurance community got an opportunity to learn more about the product.
05/01/2014
EY first in Channel Islands to achieve the Customer Service Excellence standard
This independent validation of achievement involved a rigorous process
04/29/2014
The group said it planned to launch the new product in the third quarter of 2014
04/28/2014
The Unit Trust Corporation and Guardian Asset Management are leading their peers who offer income and growth mutual funds, according to the Caribbean Mutual Fund Journal for the 12 months ended March 31, 2014.