Managers of Wealth Offshore

Isle of Man watchdog to review unregulated funds

He was responding to a question in the Isle of Man’s seat of government, the House of Keys, about the protection available for clients who invest in unauthorised schemes.

Firm Targeting Nest Eggs of U.K. Expats Said to Face SEC Probe

About half of the salesmen in DeVere’s New York office have quit or been fired in recent weeks, they say.

JFSC wins prestigious international award

The JFSC’s approach has adopted innovative solutions in the areas of interoperability, confidentiality and cyber security.

Isle of Man regulator takes action to stem fund failures

The Isle of Man financial regulator is to crack down on collective investment funds by setting out “effective” guidance rules to “safeguard the reputation of the island”.

Cayman security firm launches in US

The company was also accepted as a member in the PSA Security Network.

Expats eye financial impact of changes to Pensions Law

The reforms effectively close a loophole that has allowed workers early access to their savings within two years of leaving the island.

The ICSA Jersey 2017 Awards - HAVE LAUNCHED!

A retiring collection will raise funds to support Headway Jersey.

Guernsey regulator issues warning on new Sark company registry

Guernsey’s financial regulator has issued a warning about an organisation on the nearby tiny Channel Island of Sark, where it has a website promoting a company registry there for the first time.

Guernsey regulator issues Sark ‘company’ warnings

The Commission wishes to emphasise that there is no company legislation in Sark.

MainstreamBPO expands global footprint

MainstreamBPO chief executive Martin Smith said the strategy will bring "critical mass" to its operational capability and clients within Europe and the Caribbean.

The Bahamas in process of enhancing its regulatory regime

It is time for a refresh of the 2003 Investment Funds Act which provided for these innovative instruments which support private wealth management.

ESMA finds improvements in regulators’ supervisory practices concerning MIFID rules

The Follow-up Report has concluded that the NCAs from Lithuania, Latvia, Malta, Poland, Portugal and Romania have addressed all of the deficiencies previously identified.

Gibraltar firm fined and directors banned over pension schemes

A Gibraltar financial services firm with links to the Panama Papers has been fined and had two of its directors banned for providing trustee services to pension schemes despite having been denied permission to do so by the regulator.

Panama’s financial reform agenda must prioritize combating tax evasion – UN expert

While the expert said the focus of the Panamanian authorities should be on the fight against tax evasion, he also acknowledged their efforts to promote financial and corporate transparency and to strengthen the financial regulatory system, adding that Pan

Regulation, Risk & Compliance