11/12/2014
Russia and France: Shifting Perspectives
In the recent past we have seen dramatic changes in the tax environment potentially affecting Russian and French private clients with wealth outside their home territories.
11/11/2014
LJ Group wins top family office award
LJ Unicorn, the family office division of the LJ Group, led by Charles Filmer, has won the coveted Multi Family Office of the Year category at the 2014 Spear’s Wealth Management Awards.
11/10/2014
Cayman Islands sheds its tax haven image
The 2013 Organization for Economic Cooperation and Development (OECD) peer review report states that Cayman Islands has developed its standards rapidly, and has proven its long-standing commitment to adhering to the highest standards of regulations.
11/10/2014
What was Ansbacher?
Wealthy clients opened offshore trusts and lodged money through him
11/07/2014
RICHARD Branson owns one, so does Johnny Depp
The report revealed that research by private fortune experts, Wealth X, found there had been a four per cent rise in the size of the global ultra high net-worth community
11/05/2014
Trouble in the Caribbean is becoming a popular refrain on Bay Street these days: The Bank of Nova Scotia is the latest to suffer, announcing it will write down more than $100-million in loans related to its hospitality portfolio in the region.
11/04/2014
Gibraltar is a self-governing, self-financing U.K. Overseas Territory to which all E.U. treaties apply and where European law applies, except for agriculture, fishery and VAT.
11/04/2014
Jersey Finance has embarked on a ramped-up programme of activity in Asia this autumn, including launching an inaugural series of Roadshow events in key markets across the Far and Middle East.
11/02/2014
This technology is being used by hedge fund managers launching funds running on Algorithmic Cloning Technology, said Nakul Gupta, Chief Technology Officer at the Singapore-based Clone Algo group.
10/31/2014
Funds and corporate services provider Alter Domus has opened a new office in Dusseldorf, Germany
10/31/2014
The platform will also support client advisors in portfolio construction, providing them with the tools needed for risk assessments and portfolio optimisation.
10/30/2014
The award which was first introduced in 2013 and is sponsored by local law firm, Carter Jones McDonald, recognises individuals who achieve the highest exam results on the Island for the Corporate Secretarial Practice module, for which Mr McDonald is also
10/29/2014
Independent corporate and fund services provider Crestbridge has recorded an impressive increase in the value of funds it administers a year after it underwent a rebrand in June 2013.
10/28/2014
South African banking group expands in Guernsey
South Africa’s largest bank by market capitalisation and this new branch will bring the total number of licensed banks in Guernsey to 31.
10/28/2014
Butterfield did not detail the purchase prices or the properties it was referring to, but it said non-performing loans fell by $23 million as a result of the deals, offset by “modest deterioration in the residential mortgage book”.
10/24/2014
The BVI Advantage was the theme of a feature presentation at the recent China Offshore Summit.
10/24/2014
The Bahamas will have “more than our combined” level of current financial services business if it captures just a small percentage of the China/Asian market, but needs to better establish its “brand” in the region.
10/23/2014
Liechtenstein wants to lure wealthy Muslims to its private banks
The principality of 37,000 people nestled between Switzerland and Austria will hold its first Islamic finance conference on Oct. 28
10/23/2014
Using financial services in Guernsey
One positive aspect of working for oneself is that people are far more willing to give you their honest opinion without fear of retribution or recrimination. While not as rigorous as a detailed survey with terms of reference or other such formalities, th
10/22/2014
Don’t Know Which Bank to Buy? Just Look to the Caribbean
RBC has actually been operating in the Caribbean since the 19th century, and doubled down on the region in 2007, when it decided to acquire RBTT Financial Group for $2.2 billion. Of course, this was horrible timing.