Managers of Wealth Offshore

JT strikes gold with Mitel partnership

In particular the company’s ability to leverage advanced communications and operate efficiently when dealing with our portfolio really makes it stand out.

Bermuda hopeful for blacklist removal on May 17

On March 12, the European Union updated its so called blacklist on March 12, and Bermuda one again found itself on the list.

BL62: Regulation watch

Retirement of the previous distinction between ‘financial services businesses’ (such as banks) and ‘prescribed businesses’ (such as lawyers, accountants and insolvency practitioners). The Handbook applies to both under the term &am

Deutsche Bank Panama Papers Probe Leads to More German Raids

Frankfurt prosecutors looking at wealthy individuals in case

Growing ESG demand requires vigilance against 'greenwashing': Guernsey

She also warned that there was a lack of consistency globally in terms of governmental and regulatory responses to ESG and that companies are focusing on environmental issues more than on the social or governance side.

Whistle-blowing culture vital to protect Jersey's finance industry

The chief executive of ICSA, Simon Osborne, said Jersey’s standards of governance were high, but that he was concerned that UK politicians and journalists were not taking enough notice of the work being done here, and the value Jersey provides to th

Improving dialogue between the UK and Overseas Territories

To underscore the premier’s point on the timeline for public registers, we suggest that before the UK attempts to mandate a beneficial ownership regime in Cayman and the other overseas territories, it should get its own ‘house’ in order

Appleby Hong Kong acted as BVI counsel to the largest HKIPO so far in 2019

The transaction was led by Vincent Chan

Economic substance requirements in Bermuda, the British Virgin Islands and the Cayman Islands

The legislation was introduced in response to concerns expressed by the Council of the European Union about the absence of clear general legal substance requirements for entities doing business in and through these jurisdictions.

The role of legislation in environmental protection and the Jersey legal framework

Legislation can therefore only go so far to help us protect our environment – another crucial tool is an active system of enforcement.

Report: Bermuda to come off EU blacklist

The news agency added that its report was based on documents obtained by Bloomberg News.

Final Rules May Help Companies Unintentionally Hit by Global Tax

The 2017 tax law includes a base-erosion provision related to global intangible low-taxed income.

Pilatus Bank: Justice Commissioner rebukes Sant twice in as many months

The European Commission, however, dismissed Sant’s claims.

Bermuda, Barbados and Aruba to be removed from EU's tax haven blacklist

A typographical error in economic substance regulation documents submitted by Bermuda to the EU earlier this year was given as the reason the island ended up on the list.

GFSC releases 2018 Annual Report

The outcomes of all economic models depend substantially on the assumptions made.

Congress hits new speed bump in effort to restrict shell companies

It was unclear whether the bill was in peril or will simply be voted on later.

CIBC's FirstCaribbean Bank officially withdraws $226 million US IPO

Barclays, UBS Investment Bank and CIBC were set to be the joint bookrunners on the deal.

St Kitts and Nevis continues to tumble in World Bank’s Ease of Doing Business

In the English speaking countries of the Caribbean, St Kitts and Nevis is second to last both in the OECS and in CARICOM.

Jersey could help other small jurisdictions develop laws

Professor Claire de Than set out her argument in her regular JEP column published in yesterday’s edition.

GFSC releases 2018 Annual Report

On the financial front, 2018 was a strong year for the Commission in terms of income

Regulation, Risk & Compliance