Managers of Wealth Offshore

HSBC Unit Charged by Belgian Prosecutors in Tax Fraud Probe

These companies, which are based in Panama and the Virgin Islands, exist for the sole purpose of tax evasion, they added.

Meeting of the Crown Dependency Regulators

The Boards of the financial services regulators in Guernsey, Isle of Man and Jersey met on 5 November 2014.

Worldwide: (More) Business As Usual

When it comes to new regulations, Guernsey is offering optionality to overcome 'fortress Europe', according to Fiona Le Poidevin, Chief Executive of Guernsey Finance.

Appleby Sponsoring RCA's Regulation, Operations and Compliance Bermuda Symposium on 22 - 24 April 2015

The RCA’s Curriculum Committee, Curriculum Development Team and Instructional Design Group is in the process of formulating the most timely and relevant subject matter for 2015 to deliver at the Symposium.

Performance Measurement No Longer Exists in a Vacuum - DST Global Solutions

Investment Management is operating in a world of more – more regulation, more transparency, more meaningful investment information and more control.

Guernsey Financial Services Commission adopts Thomson Reuters Accelus World-Check

The application also offers functionality for large volume/batch screening and automatic ongoing monitoring, to simplify the vetting process and manage larger volumes.

Mauritius assures help to India in Special Investigation Team's black money probe

Mauritius, often accused of being a route for round-tripping of funds by Indians, today conveyed to Indian government that it was ready to support its Special Investigation Team ( SIT) to unearth black money.

Deloitte named a leader in Global Risk Management Consulting services by Gartner

Cyber Risk Services and Crisis Management round out broad portfolio Deloitte considers cyber risk services to rank among its most important offerings in the marketplace.

Cayman Takes The Lead In Banker Survey For Sixth Time

This is the sixth consecutive year that the Cayman Islands has led the field in this highly-regarded, global survey.

Swiss banks trying to distance from dodgy Indian clients

The challenge for these customers is to move the money to some other destination without leaving a trail

AIFMD: How to Manage the Risks and Reap the Rewards

Under the European Union’s Alternative Investment Fund Managers Directive, investment managers must quickly assess the risk profiles of their funds, understand the various types of risk exposures, and meet the reporting requirements that the directi

Augentius Approved as Luxembourg Depositary

Augentius has received authorisation from the Ministère des Finances, Luxembourg to act as an authorised depositary to private equity and real estate funds in accordance with the Alternative Investment Fund Managers Directive (AIFMD).

Guernsey regulator supports new benchmark standards for TCSPs

The Guernsey Financial Services Commission (GFSC) has welcomed the Group of International Finance Centre Supervisors' (GIFCS) new benchmark for the regulation of trust and corporate service providers (TCSPs).

Cayman Islands: Assessment of money laundering risks launched

The Cayman Islands has launched a national assessment of its money laundering and terrorist financing risks with a series of workshops organized jointly by the Cayman Anti-Money Laundering Unit and the World Bank this week.

The Securities Commission of The Bahamas signs agreement with French regulator

The Securities Commission of The Bahamas has signed an agreement to allow alternative investment fund managers to market or to perform fund management activities in markets supervised by co-signatory European securities regulators.

Managing the Requirements - and Costs - of Regulatory Reporting By: Tom Kirkpatrick

The increase in regulatory reporting requirements has become a major challenge for many investment managers.

Choosing a Fund Administrator for the Long Term by Eamonn Greaves, SS&C

As we meet with asset management firms who are considering third-party fund administration, it’s clear that certain elements of service have become of greater importance.

Caribbean bankers call on Guyana to pass anti-money laundering law

The Caribbean Association of Banks (CAB) on Monday called on Guyana to pass amendments to the 2009 Anti-Money Laundering and Countering of Financing Terrorism (AML/CFT) Act because this is not only about that country.

Carey Olsen advises on first foundation to migrate to Guernsey

Carey Olsen prepared the migration application for submission to the Registry and advised Lloyds on the foundation's new charter

Bermuda’s reputation — keeping it sterling

Bermuda’s reputation is a glowing one: From Front Street, in Bermuda’s business centre of Hamilton.

Regulation, Risk & Compliance