Managers of Wealth Offshore

Jersey telecoms regulator launches consultation on spectrum allocation

Radio spectrum is the invisible but essential resource needed to wirelessly connect the devices of users to the networks of telecoms operators.

Budget outlines plans to get tough on tax dodgers

These restrictions can include denial of contracts, grants, permits, licences, passports or other government authorisations.

International business issues warning over budget

Some of those changes can drive decisions and we wanted to make sure that was clear.

Saint Kitts and Nevis First CARICOM Nation to Sign Agreement with AFreximbank

The Caribbean Community (CARICOM) represents one of the largest African Diaspora regions.

Governance reformer calls on gov’t to protect National Insurance fund

Edwards noted that in assessing and analyzing the solutions to the matter one should not dismiss the reluctance of Prime Minister Philip Davis in making what appears to be a straightforward and simple decision.

FATF to decide whether to remove Cayman from grey list this week

Cayman stakeholders are hopeful that one of these decisions will be the removal of the Cayman Islands from the FATF greylist

Clarien Bank follows Fed hike, raises lending rates

Bermuda dollar personal loans and mortgages, and overdrafts, will increase from 5.5 per cent to 6 per cent, while Bermuda dollar commercial loans and mortgages, and overdrafts, will increase from 5.75 per cent to 6.25 per cent.

Barbados removed from European Union list of non-cooperative jurisdictions

The minister explained that officials in the International Business Unit, the Barbados Revenue Authority, the Barbados International Business Association, and all of the service providers, including members of the Barbados Bar Association, worked earnestl

Four new insurers registered in January

Four insurance applications were reviewed in January by the Insurance Assessment and Licensing Committee.

Government of St Kitts and Nevis have their evolutionary CBI Programme reaffirmed by the 2023 IMF Report

St Kitts and Nevis has been a pioneer of the global investment immigration industry for over 30 years

Axis Capital to slash greenhouse gas emissions

The action is the company’s latest step in its ambition to transition to a low-carbon economy.

Holness leaves Jamaica for CARICOM heads meeting in Bahamas

In his absence, Deputy Prime Minister, Dr Horace Chang, will oversee the Government.

Offshore Trusts-Limits of the Revenue Rule in Jersey (Re Mattas)

As a preliminary issue, the court determined that formal service through the Foreign, Commonwealth and Development Office pursuant to the State Immunity Act 1978 (as applied to Jersey) was not required

Navigating fund re-domiciliation complexities: How to adapt to changing regulation

These two methods of re-domiciliation allow fund managers to be flexible and adaptable in their choice of domicile, allowing them to change the legal jurisdiction of incorporation without dissolving the fund or liquidating its assets.

Rules on declarations and questions could be changed

Additionally, SACC says a small majority of deputies favoured extending the maximum amount of time for a committee general update statement from 10 minutes to 15 minutes, and that preference has been formally proposed.

New legislation ‘credible platform for fintech’

Guernsey's new Lending, Credit and Finance Law, which comes into effect this summer, is expected to prove a credible platform on which fintech businesses can be launched from Guernsey.

Fundamental Employee Rights in Jersey

The Law does not place any requirement on an employer to pay any sick pay to employees.

Bear with us: Halkitis pledges that all business license applications will be processed by March 31st

During a weekly press briefing at the Office of the Prime Minister yesterday Halkitis acknowledged delays in the processing of business licenses due to the Inland Revenue Department requesting additional information.

Labuan IBFC and SBF to jointly host masterclass on Labuan International Business and Financial Centre

The masterclass will showcase Labuan IBFC’s sectoral offerings and services

GFSC updates Natural Capital Fund framework

The Commission launched its Natural Capital Fund framework in September 2022 as part of the Guernsey Sustainable Funds Regime.

Regulation, Risk & Compliance