Such offshore funds numbered a mere 92 in June 2011, but the figure has continued to rise, reaching 732 at the end of 2016.
Mary Buckley, executive director of IDA Ireland, called Intertrust’s decision to expand its operations here a “notable endorsement” of the Republic’s financial services business.
Over the course of 15 years, the current owners have transformed the previously uninhabited 38 acres of island, to host five elegantly furnished houses for family and guest use
The brokerage serves all Turks and Caicos Islands, including Providenciales, Grand Turk, North Caicos, Middle Caicos, South Caicos and Salt Cay.
Those who wish to trade can only do so if they already possess those digital currencies, and they must also pass KYC, AML and other regulatory legal requirements.
These increased possibilities, in turn, offer a more tailor-made solution to clients' specific needs.
Jereme Ramsay, interim head of business development at the BDA, explained that the new events were focused on markets that had been attracting interest.
Easterly has scheduled a special meeting of its stockholders for June 28, 2018 to approve an extension of time to complete a business combination through November 30, 2018.
“We are pleased to announce this transaction, subject to regulatory approval, as we continue to execute our Ireland consolidation strategy and firmly establish our long-term presence there,” said Monument Re Group CEO Manfred Maske.
The transaction demonstrates Hawksford’s commitment to the Asian market and takes the corporate, private client and fund administration company’s global headcount to over 400, with 200 now based in Asia.