Managers of Wealth Offshore

Local banks and dirty $$ dealings

Those currency trades involving alleged dirty money were done through several local banks which have come under scrutiny of US prosecutors investigating a US$150 million world football bribery scheme.

Growing case backlog for financial regulator

Suspicious activity reports are used by many government and financial institutions to try to identify money laundering, terrorist funding, drug trafficking and other financial crimes.

Role of IFCs in facilitating Africa inward investment to be explored at Jersey Finance

Opportunities to invest in Africa and the role that International Finance Centres can play in facilitating growth in the continent will form the focus of an event to be held by Jersey Finance in London next week.

HSBC Malta brings global experience to the new International Banking Centre

The IBC will be HSBC's largest branch in Malta by number of clients and will offer customised services in banking, lending, investment, and international account opening to both residents and non-resident personal clients.

Caribbean urged to adopt new paradigm to creating wealth

Caribbean countries have been told that they must shift their policymaking efforts to creating and retaining wealth in the region.

Iceland is out of the woods but the financial system is still dangerous, says PM

The country is starting to lift the crisis-era capital controls that have been in place since 2008

New BVI Hedge Fund Products

Incubator Funds and Approved (Friends and Family) Funds

IMF Executive Board Concludes 2015 Article IV Consultation with The Bahamas

On June 8, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with The Bahamas

Serious Fraud Office actively reviewing material on US action against Fifa

The government has confirmed that the Serious Fraud Office is actively reviewing material related to US action against the Fifa officials accused of corruption

The Gibraltar FSC signs MoU with the Guernsey FSC

The MoU will serve as a formal agreement to strengthen co-operation between the two supervisory authorities, providing a gateway to exchange information and increase investigative assistance between the two organisations.

FIFA scandal may lead to tighter Caribbean banking regulations

Correspondent banking - the arrangement that allows a local bank to have access to the services of a distant financial institution

Expat pensioners losing out as Government thinks they're dead

Elderly Britons overseas who've missed a deadline to prove they’re still alive have had their pensions stopped

Republic to probe FIFA-related wire transfers

Republic Bank Ltd managing director David Dulal-Whiteway has said the bank is doing an internal investigation into the FIFA-related wire transfers.

Achieving Regulatory Alpha through Regulatory Enterprise Risk Management

From managing systemic risk to enhancing transparency and investor protection, firms are grappling with balancing the demands of an ever-changing regulatory landscape with limited budgets and operational resources.

GFSC consults on the regulation of personal pension schemes

The paper has been developed at the request of HM Government of Gibraltar and is designed to support the further development of the market for personal pensions and ensure that personal pensions continue to be subject to appropriate regulation and investo

Regulation, Risk & Compliance