Managers of Wealth Offshore

IRS to make US offshore tax amnesty scheme less harsh

The OVDP gave US citizens the opportunity to voluntarily reveal their undisclosed offshore accounts

Barbados says no to devaluation of currency

The Barbados Government has rejected suggestions that it devalue the local currency, saying it "will do what needs to be done to protect the Barbados dollar".

Jersey hosts four day conference and seminar in partnership with the US Securities and Exchange Commission

The purpose of the conference is to encourage international co-operation between securities authorities in order to protect investors

Jersey set to stage US SEC conference

The seminar will provide an overview of the SEC’s regulatory framework

Guernsey responds to Queen’s Speech; seeks level playing field on beneficial ownership

Guernsey already regulates its corporate service providers who are required to keep records on beneficial ownership and so we believe that we are in many ways ahead of the curve.

Lawyers To Act In N.S.A. Spy Row

Foreign Affairs Minister Fred Mitchell raised concerns before the Organisation of American States yesterday over reports that the NSA has been recording virtually every cell phone conversation in The Bahamas, emphasising that the allegations cannot go una

Cayman Islands: Regulatory Evolution In Practice

A cornerstone to the success of the Cayman Islands' financial services sector is its strong legal and regulatory system, which equally benefits managers and institutional investors.

Jersey finance industry statistics Q1 2014

The latest figures for all sectors of Jersey’s finance industry show resilience, with the funds industry growing in size.

FIFA Should Be Included in Swiss Money Laundering Laws

Swiss lawmakers intend to broaden money laundering laws that target political figures to include sports officials from FIFA and the International Olympic Committee.

Cayman Islands: UK approves budget plan

LA to begin meeting Monday

First corporate jet is registered with the Channel Islands Aircraft Registry – 2-REG

We are particularly pleased that a Channel-Islands based company opted to be the first and transfer their aircraft to 2-REG

British Virgin Islands: Filing Deadline For BVI Funds And Licensees: 30 June 2014

Funds and Licensees could be faced with administrative penalties and/or enforcement action if they fail to meet the deadline

Ponzi scheme lawsuit with Cayman link dismissed in US

The Securities and Exchange Commission accused the five, including former Cayman Islands residents Fred Davis Clark Jr. and his wife Cristal R. Coleman, of running a US$300 million investment scam out of Florida.

Cayman Islands: Pensions order lifted on Chamber plan

New board now in place

BVI House Asia Holds ‘Meet The Regulator’ In Hong Kong

More than 40 percent of BVI business originates from China and the rest of the Asia Pacific region.

CISI response to Lambert Banking Standards Review Council

The CISI will be replying positively to the invitation to work closely with the BSRC and applauds the initiative to have common standards between professional bodies, similar to the Engineering Council.

Gibraltar Resident Amongst 50,000 Madoff Claims

The claims received have not yet been reviewed to eliminate ineligible, duplicate or overstated claims, which MVF expects to be substantial

Loan funds in Malta Licensing and regulation

The Malta Financial Services Authority has recently clarified its position with respect to the licensing and regulation of loan funds in Malta.

Cayman Islands: New effort to regulate charities

International regulations have been applied to charities because of their potential to serve as a front for money laundering and terrorist financing.

Bahamas: Central Bank: 'No Power' On Atm Fees

The group is asking the Central Bank, as regulator of commercial banks

Regulation, Risk & Compliance