Managers of Wealth - Offshore http://offshore-bankers.net/ Mon, 25 Jan 2021 13:44:07 GMT part of MediaG8way Group http://offshore-bankers.net/ http://offshore-bankers.net/assets/images/logo.png Managers of Wealth - Offshore KohanaPHP Stirring The Status Quo In Wealth Management News Aggregation Team Monday, January 25, 2021 12:00 am http://offshore-bankers.net/article/44079/stirring-the-status-quo-in-wealth-management The idea behind True Beacon is to inspire more accountability in the wealth management space Wealth and Asset Management IQ-EQ’s Jennifer Le Chevalier shortlisted in 2021 Powerwomen Awards News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44056/iq-eqamprsquos-jennifer-le-chevalier-shortlisted-in-2021-powerwomen-awards The Powerwomen Awards aim to champion women in the wealth sector and highlight the female leaders of today and tomorrow. Wealth and Asset Management Danielle Le Blancq promoted and nominated for Powerwomen award News Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44041/danielle-le-blancq-promoted-and-nominated-for-powerwomen-award Danielle joined Fairway in 2019 Wealth and Asset Management Estate planning for celebrities and UHNWIs News Aggregation Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44045/estate-planning-for-celebrities-and-uhnwis It’s not disorganisation or a lack of desire that stops people planning their estate. Wealth and Asset Management How overseas operations can help HNWs mitigate tax liabilities News Aggregation Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44047/how-overseas-operations-can-help-hnws-mitigate-tax-liabilities Investors look to European countries for ‘a superior quality of life and a safe haven for assets’ Wealth and Asset Management Mourant Senior Associate wins Gold at Citywealth Magic Circle Awards News Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44050/mourant-senior-associate-wins-gold-at-citywealth-magic-circle-awards Citywealth's flagship Magic Circle Awards, celebrates the world's leading advisors and managers in the wealth industry, acknowledging the achievements of both individuals and companies. Wealth and Asset Management The life cycle of a family office News Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44022/the-life-cycle-of-a-family-office The concept of a product having a life cycle was theorised in the mid-1960s by Raymond Vernon and has since passed into standard economic theory as one of the bedrocks of modern marketing. Wealth and Asset Management Compliance at home - The new normal News Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44023/compliance-at-home-the-new-normal As we enter the latest lockdown, Newgate is working with clients to ensure their policies, procedures and risk assessments have been updated to take into account these significant changes to working practices. Wealth and Asset Management Top 2021 Wealth Management Trends. What's Actually Changing? News Team Friday, January 15, 2021 12:00 am http://offshore-bankers.net/article/43944/top-2021-wealth-management-trends-whatamp039s-actually-changing While hoping that 2021 will bring us back to normal, it is time to re-examine the trends that are inexorably affecting the core of the industry. Wealth and Asset Management LGT is a "Great Place to Work" News Team Wednesday, January 13, 2021 12:00 am http://offshore-bankers.net/article/43905/lgt-is-a-ampquotgreat-place-to-workampquot LGT Bank in Liechtenstein and Switzerland were designated a Great Place to Work by the renowned institute of the same name. Wealth and Asset Management RBC Wealth Management Appoints Head of Private Client Fiduciary Services News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44066/rbc-wealth-management-appoints-head-of-private-client-fiduciary-services Ms McCourt is based in Jersey and will report to Dave Thomas, CEO, RBC Europe. Executive Moves PwC promotes three to Partner News Aggregation Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44074/pwc-promotes-three-to-partner He joined the PwC network 13 years ago, relocating from Pretoria in South Africa to PwC in Jersey in 2008. Executive Moves Apex Group appoints two to Executive Committee News Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44044/apex-group-appoints-two-to-executive-committee The promotions of Rosie and Vikita are further evidence of the excellent pool of talent we have built across the Apex Group Executive Moves Hawksford appoints new Chief People Officer News Aggregation Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44048/hawksford-appoints-new-chief-people-officer He is a founding council member of the Jersey Good Business Charter and has held a number of business advisory positions throughout his career. Executive Moves RBC moves Gail McCourt into top-level role News Aggregation Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44018/rbc-moves-gail-mccourt-into-top-level-role She will lead RBC Wealth Management’s fiduciary management and technical trust teams in the Channel Islands Executive Moves Collas Crill Appoints Guernsey Head of Property News Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44019/collas-crill-appoints-guernsey-head-of-property Paul has been at the firm for almost 20 years and became a partner in 2013. Executive Moves IQ-EQ names Deputy Managing Director for Switzerland News Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44029/iq-eq-names-deputy-managing-director-for-switzerland She is also a member of the IQ-EQ Switzerland board. Executive Moves Deloitte welcomes Lise Corbin to Cayman partnership team News Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44036/deloitte-welcomes-lise-corbin-to-cayman-partnership-team Lise Corbin has over 15 years of experience specializing in Risk Advisory with Deloitte Executive Moves Promotion for Powerwomen News Aggregation Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/43986/promotion-for-powerwomen The Powerwomen Awards recognise individuals Executive Moves Baker & Partners adds Lynne Gregory to partnership News Aggregation Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/43987/baker-ampamp-partners-adds-lynne-gregory-to-partnership Prior to this, Lynne worked for law firms in London including Charles Russell Speechlys, Baker McKenzie and Allen & Overy. Executive Moves Will Tax Havens Fall Prey to Global Momentum on Anti-Abuse Tax Initiatives? News Aggregation Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44052/will-tax-havens-fall-prey-to-global-momentum-on-anti-abuse-tax-initiatives Worldwide economies are struggling with tax revenues down sharply, and governments will turn over rocks to reduce deficits. Tax New UK register will expose British expats, overseas nationals to major inheritance tax hit News Aggregation Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44053/new-uk-register-will-expose-british-expats-overseas-nationals-to-major-inheritance-tax-hit A property bought for £10m in 2010 is now worth £16.7m, which would incur a potential inheritance tax (IHT) liability of £6.7m on death. Tax Panama Papers tax haul tops $143 million News Aggregation Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/43999/panama-papers-tax-haul-tops-143-million An Australian Taxation Office spokesman said the organisation had worked with the cross-government Serious Financial Crime Taskforce to analyse and cross-check data obtained by authorities in April 2016. Tax Luxembourg tax authorities issue a circular on interest deduction limitation News Aggregation Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/44004/luxembourg-tax-authorities-issue-a-circular-on-interest-deduction-limitation The purpose of the LTA's administrative circular 168bis/1 (the Circular) is to clarify some of the concepts and key aspects of this piece of legislation, through numerical examples. Tax KPMG announce new Crown Dependencies practice News Team Thursday, January 14, 2021 12:00 am http://offshore-bankers.net/article/43925/kpmg-announce-new-crown-dependencies-practice KPMG in the Channel Islands and KPMG in the Isle of Man announce the merger of their businesses to form a single Crown Dependencies practice. Tax Carried interest in 2021: New guidance for tax on income associated with services provided to investment partnerships News Team Wednesday, January 13, 2021 12:00 am http://offshore-bankers.net/article/43896/carried-interest-in-2021-new-guidance-for-tax-on-income-associated-with-services-provided-to-investment-partnerships Treasury made several significant changes in the rules, many of which are to the benefit of taxpayers. Tax Great Fortunes Tax imposed in Argentina News Team Wednesday, January 13, 2021 12:00 am http://offshore-bankers.net/article/43911/great-fortunes-tax-imposed-in-argentina The new tax is expected to be one-time tax, payable by Argentinian individuals with personal wealth equal or above 200 million pesos Tax Bermuda to reform ‘unfair’ tax system News Aggregation Team Tuesday, January 12, 2021 12:00 am http://offshore-bankers.net/article/43874/bermuda-to-reform-amplsquounfairamprsquo-tax-system The premier questioned why workers with multiple jobs must pay tax, while property owners, who collect income from several properties, do not. Tax Belgium adopts multiple defensive tax measures towards EU blacklisted jurisdictions News Team Tuesday, January 12, 2021 12:00 am http://offshore-bankers.net/article/43882/belgium-adopts-multiple-defensive-tax-measures-towards-eu-blacklisted-jurisdictions The list includes non-EU countries and territories that do not comply with certain “tax good governance standards” relating to transparency, fair taxation and implementation of the minimum standards agreed at OECD level as part of the Base Ero Tax Kenya risks losing out on international tax treaties – experts News Aggregation Team Tuesday, January 12, 2021 12:00 am http://offshore-bankers.net/article/43885/kenya-risks-losing-out-on-international-tax-treaties-ampndash-experts Last year, the government was also in pursuit of new DTA's with the government of Barbados and the Republic of Singapore. Tax China's growing power scaring ordinary savers out of Hong Kong News Aggregation Team Monday, January 25, 2021 12:00 am http://offshore-bankers.net/article/44080/chinaamp039s-growing-power-scaring-ordinary-savers-out-of-hong-kong The Hong Kong police cited money laundering as the reason for requesting the accounts be frozen Regulation, Risk & Compliance British Virgin Islands at a crossroads as outgoing governor decries corruption News Aggregation Team Monday, January 25, 2021 12:00 am http://offshore-bankers.net/article/44081/british-virgin-islands-at-a-crossroads-as-outgoing-governor-decries-corruption With a judicial inquiry looming and the EU looking to blacklist the territory, the BVI is debating where its future lies Regulation, Risk & Compliance Updates To Bermuda's Economic Substance Declaration Portal News Aggregation Team Monday, January 25, 2021 12:00 am http://offshore-bankers.net/article/44082/updates-to-bermudaamp039s-economic-substance-declaration-portal Any entity with an incomplete ESD filing on the portal should complete the filing prior to the update. Regulation, Risk & Compliance Cyprus UBO disclosure regime for entities and other legal arrangements News Team Sunday, January 24, 2021 12:00 am http://offshore-bankers.net/article/44078/cyprus-ubo-disclosure-regime-for-entities-and-other-legal-arrangements A draft bill (incorporating the requirements of the Fifth Money Laundering Directive) is expected to be approved by the House of Representatives in due course. Regulation, Risk & Compliance Transfer by way of continuation into the Cayman Islands News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44068/transfer-by-way-of-continuation-into-the-cayman-islands If the business of the Company will require a licence under the laws of the Cayman Islands Regulation, Risk & Compliance Bahamas To Rebound ‘Faster’ Than Its Rivals News Aggregation Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44060/bahamas-to-rebound-amplsquofasteramprsquo-than-its-rivals Mr Sands said The Bahamas and its tourism industry had overcome the September 11 terror attacks, two Gulf wars and numerous recessions before, although nothing like a global pandemic. Regulation, Risk & Compliance Ogier sees real estate sector continuing to thrive as corporate and finance team advises Realstar on £600 million portfolio sale News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44069/ogier-sees-real-estate-sector-continuing-to-thrive-as-corporate-and-finance-team-advises-realstar-on-amppound600-million-portfolio-sale The Ogier team, which advised on both corporate and financing elements of the transaction Regulation, Risk & Compliance Establishment of Cayman Reinsurance Industry Group News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44071/establishment-of-cayman-reinsurance-industry-group The Cayman Islands reinsurance industry is experiencing significant growth Regulation, Risk & Compliance Guernsey economic substance update: COVID-19 concessions, self-managed funds and partnerships News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44075/guernsey-economic-substance-update-covid-19-concessions-self-managed-funds-and-partnerships Guernsey tax resident companies carrying out certain relevant activities have to comply with the substance requirements set out within the Income Tax (Substance Requirements) Implementation Regulations 2018 Regulation, Risk & Compliance Re-Regulating Offshore Finance In The Global Economy News Aggregation Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44042/re-regulating-offshore-finance-in-the-global-economy The term offshore refers to something outside the national boundaries, no matter if the location is water-based or inland. Regulation, Risk & Compliance Rich 'riding out pandemic in luxury' as frontline workers struggle, says Oxfam News Team Monday, January 25, 2021 12:00 am http://offshore-bankers.net/article/44085/rich-amp039riding-out-pandemic-in-luxuryamp039-as-frontline-workers-struggle-says-oxfam Rising inequality means it could take at least 14 times longer for the number of people living in poverty to return to pre-pandemic levels than it took for the fortunes of the top 1,000, mostly White male, billionaires to bounce back. Comment, Analysis & Research “There is huge interest in Guernsey - now we need to capitalise on it" News Aggregation Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44063/ampldquothere-is-huge-interest-in-guernsey-now-we-need-to-capitalise-on-itampquot There is now huge interest in Guernsey and we need to capitalise on this. Comment, Analysis & Research PM: Govt. committed to establishing The Bahamas as leading regional ADR center News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44073/pm-govt-committed-to-establishing-the-bahamas-as-leading-regional-adr-center Minnis noted that The Bahamas has been a member state of the International Centre for Settlement of Investment Disputes since 1995 Comment, Analysis & Research Guernsey Finance Chief Executive upbeat about prospects for 2021 and beyond News Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44046/guernsey-finance-chief-executive-upbeat-about-prospects-for-2021-and-beyond Mr Pleasant said that, in the absence of business travel, since taking up his post he had conducted an audit of the agency’s strategy and activity both in Guernsey and overseas. Comment, Analysis & Research Guernsey Finance industry developments for 2021 to be unveiled News Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44016/guernsey-finance-industry-developments-for-2021-to-be-unveiled The start-of-year event staged in Guernsey normally attracts more than 250 people to St James for a report on Guernsey Finance’s activities the previous year and a look ahead for the next 12 months. Comment, Analysis & Research Jersey Private Fund figures show strong growth News Aggregation Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44017/jersey-private-fund-figures-show-strong-growth The latest figures also show that the total value of regulated fund assets serviced in Jersey grew to a record level of £365.6bn in the third quarter of 2020, up 7% year on year. Comment, Analysis & Research Family Office Feature: In Conversation With Mustafa Hussain News Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44030/family-office-feature-in-conversation-with-mustafa-hussain Since expertise is a given, not a differentiator, in the Middle East the starting point has to be investment in a meaningful relationship with the family. Comment, Analysis & Research The Ease of Doing Business Under 'Lockdown' Conditions News Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44033/the-ease-of-doing-business-under-amp039lockdownamp039-conditions Businesses have never seen more clearly a return on the investment made in digital technologies and communication platforms. Comment, Analysis & Research Jersey and Guernsey’s credit ratings remain unchanged News Aggregation Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/43988/jersey-and-guernseyamprsquos-credit-ratings-remain-unchanged The review is part of the cyclical six-monthly assessment process and in its report S&P notes that its ratings are based on Jersey’s “strong and flexible institutions, wealthy economy and considerable fiscal buffers”. Comment, Analysis & Research Economy predicted to recover 3.2% this year News Aggregation Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/44003/economy-predicted-to-recover-32-this-year Standard and Poor’s has predicted that Jersey’s covid-hit economy will recover by 3.2% in 2021 as islanders get vaccinated, and business activity properly restarts. Comment, Analysis & Research Former Bermuda premier Ewart Brown faces 13 corruption charges News Aggregation Team Sunday, January 24, 2021 12:00 am http://offshore-bankers.net/article/44077/former-bermuda-premier-ewart-brown-faces-13-corruption-charges The offences allegedly took place between 2001 and 2010 Legal Money-laundering in diamond sector: Major trial starts today News Aggregation Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44061/money-laundering-in-diamond-sector-major-trial-starts-today One way the traffic works: a diamond dealer takes the profits from diamond sales, and instead of declaring them for tax reasons, transfers the money to an offshore bank account via a number of steps, each intended to muddy the trail. Legal Carey Olsen supports Appian Capital on US$775 million launch of second mining fund News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44057/carey-olsen-supports-appian-capital-on-us775-million-launch-of-second-mining-fund Fund II, which has been established as a Jersey Expert Fund, was oversubscribed and reached its hard cap of US$775 million following strong support from both new and existing Tier 1 investors globally. Legal Cayman Islands Set to Introduce the Private Funding of Legal Services Act (2020) News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44058/cayman-islands-set-to-introduce-the-private-funding-of-legal-services-act-2020 The law in relation to litigation funding agreements with respect to civil and commercial litigation in the Cayman Islands is set to change dramatically, with the introduction of the Private Funding of Legal Services Act, 2020 (Act). Legal Appleby Bermuda Advised Integral ILS News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44059/appleby-bermuda-advised-integral-ils This is the second cornerstone investment Appleby has advised Integral on. Legal Legal 500 recognition for Carey Olsen in Asia News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44065/legal-500-recognition-for-carey-olsen-in-asia A leading directory for the legal industry, Legal 500 grades law firms following a thorough and independent research process, which includes interviews with clients and peers as well as information provided by the firms themselves. Legal "Judgment laundering" doesn’t wash with the English Court of Appeal News Aggregation Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44067/ampquotjudgment-launderingampquot-doesnamprsquot-wash-with-the-english-court-of-appeal While the Cayman Islands judgment was within the literal definition of the term “judgment” in the 1920 Act, Lord Justice Males preferred a more purposive construction. Legal Private Funding of Legal Services Act 2020: Codification and Clarity in Cayman News Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44070/private-funding-of-legal-services-act-2020-codification-and-clarity-in-cayman The Act seeks to modernise and codify the litigation funding process to reflect changes already enacted in the United Kingdom, United States and other onshore jurisdictions. Legal BVI Court Rejects "Improper Purpose" Argument in an Application to Set Aside a Statutory Demand News Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44039/bvi-court-rejects-ampquotimproper-purposeampquot-argument-in-an-application-to-set-aside-a-statutory-demand The applicant argued that the same considerations apply to setting aside a statutory demand to the Court's ability to refuse to appoint a liquidator where the appointment is not made for a proper purpose. Legal Carey Olsen advises Montana Capital Partners on its fifth secondary fund News Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44043/carey-olsen-advises-montana-capital-partners-on-its-fifth-secondary-fund Carey Olsen partner Chris Griffin led the team, advising on the Jersey aspects of the fund's launch, assisted by senior associate Sarah Townsend and associate Luke Costello. Legal Is now a good time to buy real estate? Banker, experts weigh in News Aggregation Team Monday, January 25, 2021 12:00 am http://offshore-bankers.net/article/44083/is-now-a-good-time-to-buy-real-estate-banker-experts-weigh-in This is because values are appreciating and if you are an investor, real estate is solid – especially in times like these where the [return on] other investments may not be as robust AIM and Hedge Funds Financial services industry showed solid growth in 2020 News Aggregation Team Sunday, January 24, 2021 12:00 am http://offshore-bankers.net/article/44076/financial-services-industry-showed-solid-growth-in-2020 The funds industry, Cayman’s mainstay in terms of financial activity, continued its expansion in 2020 as hedge funds posted a second consecutive year of double-digit returns. AIM and Hedge Funds Warning that Bermuda could face 'fiscal cliff' News Aggregation Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44072/warning-that-bermuda-could-face-amp039fiscal-cliffamp039 At the end of September, the Government’s net debt was $2.94 billion AIM and Hedge Funds Labuan IBFC partners with RAM Ratings agency News Team Thursday, January 21, 2021 12:00 am http://offshore-bankers.net/article/44037/labuan-ibfc-partners-with-ram-ratings-agency Labuan Entity Corporate Assessment has enhance intra and inter-Labuan cross business as the Labuan IBFC jurisdiction grows from strength to strength. AIM and Hedge Funds Guernsey's social care fund 'will run out without action' News Aggregation Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44021/guernseyamp039s-social-care-fund-amp039will-run-out-without-actionamp039 The anticipated combined contribution rates from both employees and employers in 2022 for both schemes is expected to be 11.4%, with the reports recommending an increase of 2.8% from 2022 to secure them until 2080. AIM and Hedge Funds The States of Guernsey welcomes S&P 'AA-/A-1+' Ratings affirmation News Team Wednesday, January 20, 2021 12:00 am http://offshore-bankers.net/article/44035/the-states-of-guernsey-welcomes-sampampp-amp039aa-a-1amp039-ratings-affirmation The Bailiwick's response to COVID-19 is factored into the ratings decision, which notes how much of the economy was able to return to normal trading in the middle of 2020. AIM and Hedge Funds Mauritius and Morocco join African Development Bank (AfDB/AFMISM) Bloomberg® bond index News Aggregation Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/43994/mauritius-and-morocco-join-african-development-bank-afdbafmism-bloombergampreg-bond-index The African Development Bank administers the ABABI, a family of African bond indices launched in February 2015 and calculated by the independent, global index provider Bloomberg AIM and Hedge Funds Guernsey Open Market and Local Market activity near pre-financial crisis levels News Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/43992/guernsey-open-market-and-local-market-activity-near-pre-financial-crisis-levels On the Guernsey Local Market, Unusualities of Guernsey recorded a total of 1,017 transactions in 2020, comprising 766 houses and 251 flats. AIM and Hedge Funds Aon sets up Marilla Re collateralized insurer in Bermuda News Aggregation Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/43997/aon-sets-up-marilla-re-collateralized-insurer-in-bermuda The portfolio built under Marilla is expected to be well-modelled, using AIR, covering named peril type exposures and is designed to be appealing to institutional investors, we understand. AIM and Hedge Funds Guernsey Fund Industry Continues to Flourish News Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/44010/guernsey-fund-industry-continues-to-flourish New findings from the 26th edition of Monterey Insight’s Guernsey Fund Report, the independent fund research company, reveal the market shares of all service providers in Guernsey’s fund industry. AIM and Hedge Funds Editorial: Is it Time B’dos go Cashless? News Aggregation Team Monday, January 25, 2021 12:00 am http://offshore-bankers.net/article/44084/editorial-is-it-time-bamprsquodos-go-cashless A recent news story about inadequate payment infrastructure within the local court system is evidence of this reality. FinTech Gibraltar: Crypto Banks Are Coming for Fintech News Aggregation Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44062/gibraltar-crypto-banks-are-coming-for-fintech A new breed of bank is rising up in 2021, as crypto’s gatekeepers cave to institutional demand. FinTech Providence Group selects Financial Risk Solutions technology to power digital wealth platform for expats News Aggregation Team Friday, January 22, 2021 12:00 am http://offshore-bankers.net/article/44064/providence-group-selects-financial-risk-solutions-technology-to-power-digital-wealth-platform-for-expats Launch new wealth and investment products, compliant with the latest regulations in a matter of days FinTech Digital Mastery News Team Tuesday, January 19, 2021 12:00 am http://offshore-bankers.net/article/43996/digital-mastery How organizations have progressed in their digital transformations over the past two years FinTech SCOR develops a cyber risk management tool through an innovative partnership with CyberCube News Team Saturday, January 16, 2021 12:00 am http://offshore-bankers.net/article/43954/scor-develops-a-cyber-risk-management-tool-through-an-innovative-partnership-with-cybercube By integrating CyberCube’s risk model alongside other natural catastrophe models within its CAT Platform, SCOR has further expanded its catastrophe modeling capabilities. FinTech Tether’s Bank ‘Bought Bitcoin’ for its Clients As Part of Its Investment Portfolio News Aggregation Team Saturday, January 16, 2021 12:00 am http://offshore-bankers.net/article/43957/tetheramprsquos-bank-amplsquobought-bitcoinamprsquo-for-its-clients-as-part-of-its-investment-portfolio After so many years, the question of Tether's backing continues to raise questions among the crypto community despite the companies' several attempts to clarify the situation. FinTech Is Bitcoin becoming mainstream? News Team Thursday, January 14, 2021 12:00 am http://offshore-bankers.net/article/43928/is-bitcoin-becoming-mainstream While this is widely accepted, investors still want to protect themselves when they purchase or cash out bitcoin. FinTech Project Sand Dollar: The Bahamas launches world’s first CBDC News Aggregation Team Wednesday, January 13, 2021 12:00 am http://offshore-bankers.net/article/43909/project-sand-dollar-the-bahamas-launches-worldamprsquos-first-cbdc The Bahamas is the first country in the world to officially launch a central bank digital currency beyond a pilot program, ahead of China and several other countries. FinTech Jersey fintech company integrates with insurance underwriting service News Aggregation Team Tuesday, January 12, 2021 12:00 am http://offshore-bankers.net/article/43887/jersey-fintech-company-integrates-with-insurance-underwriting-service By utilising UWPal, Pandora platform users can experiment with faster, go-to-market products without the need for in-house underwriting or significant IT resource capacity FinTech Zephyr Management Chooses SS&C’s Front-to-Back Solution to Power Bermuda Fund Launch News Aggregation Team Monday, January 11, 2021 12:00 am http://offshore-bankers.net/article/43865/zephyr-management-chooses-ssampampcamprsquos-front-to-back-solution-to-power-bermuda-fund-launch Emerging markets fund manager selects SS&C services for new launch FinTech Local and international speakers lined up for Malta Sustainability Forum 2021 News Aggregation Team Wednesday, January 13, 2021 12:00 am http://offshore-bankers.net/article/43895/local-and-international-speakers-lined-up-for-malta-sustainability-forum-2021 Forum will be hosted online between January 25-29 Planet SOS ESG gains traction in the ILS market News Team Wednesday, January 13, 2021 12:00 am http://offshore-bankers.net/article/43897/esg-gains-traction-in-the-ils-market Client Director, Sherman Taylor looks at how the insurance-linked securities (ILS) industry can incorporate ESG into its operations. Planet SOS ‘IQ-EQ Compass’ launched to identify and mitigate ESG-related risks News Team Tuesday, January 12, 2021 12:00 am http://offshore-bankers.net/article/43888/amplsquoiq-eq-compassamprsquo-launched-to-identify-and-mitigate-esg-related-risks Changes in the international regulatory landscape, paired with the Covid-19 pandemic, have accelerated investors’ interest in sustainable investments Planet SOS ESG moves into the mainstream for alternative assets News Aggregation Team Tuesday, January 12, 2021 12:00 am http://offshore-bankers.net/article/43892/esg-moves-into-the-mainstream-for-alternative-assets Investors globally are becoming increasingly convinced that ESG integrated portfolios will generate long-term sustainable alpha, if there is good quality ESG data and analytics. Planet SOS Is hydrogen the key to a greener future? News Aggregation Team Monday, January 11, 2021 12:00 am http://offshore-bankers.net/article/43848/is-hydrogen-the-key-to-a-greener-future The company aims to "accelerate the world's transition to sustainable aviation", and is currently refitting existing propeller aircraft with proprietary engines that facilitate zero-emission short haul trips of up to 500 miles. Planet SOS Environmental, Social & Governance Law 2021: Ireland News Team Thursday, January 07, 2021 12:00 am http://offshore-bankers.net/article/43799/environmental-social-ampamp-governance-law-2021-ireland In the first edition of the International Comparative Legal Guide to Environmental, Social & Governance Law 2021, Peter Stapleton, Ronan Cremin and Jennifer Dobbyn provide a comprehensive insight into ESG law in Ireland. Planet SOS Guernsey Finance offers guidance to developing sustainable trust deeds News Aggregation Team Tuesday, January 05, 2021 12:00 am http://offshore-bankers.net/article/43762/guernsey-finance-offers-guidance-to-developing-sustainable-trust-deeds The document has draft clauses aiming to show that sustainable investing can be compatible with any duties the trustee might have. Planet SOS Fund managers need to prepare for sustainable finance disclosure News Team Friday, December 18, 2020 12:00 am http://offshore-bankers.net/article/43577/fund-managers-need-to-prepare-for-sustainable-finance-disclosure Managers are responding with fund products that look to meet these priorities. Planet SOS Private Wealth Financing Sustainability - Guernsey case studies News Team Friday, December 18, 2020 12:00 am http://offshore-bankers.net/article/43591/private-wealth-financing-sustainability-guernsey-case-studies Guernsey has also been forefront in the development of world-leading green products and services - including launching the world's first green fund regime in 2018. Planet SOS Ogier Global Hong Kong joins the Hong Kong Green Finance Association News Team Wednesday, December 16, 2020 12:00 am http://offshore-bankers.net/article/43546/ogier-global-hong-kong-joins-the-hong-kong-green-finance-association Ogier Global's ESG & Impact team works across asset classes with private equity firms, asset managers, institutional investors, family offices, foundations and corporates. Planet SOS Ten Ways Covid-19 Has Changed the World Economy Forever News Aggregation Team Wednesday, December 30, 2020 12:00 am http://offshore-bankers.net/article/43715/ten-ways-covid-19-has-changed-the-world-economy-forever Big government staged a comeback as the social contract between society and the state got rewritten on the fly. Covid-19 COVID-19 in Jersey – a failure in risk management? News Aggregation Team Monday, December 21, 2020 12:00 am http://offshore-bankers.net/article/43614/covid-19-in-jersey-ampndash-a-failure-in-risk-management In health and safety and risk management we focus on identifying hazards that could potentially cause harm, and we assess the risk of that harm occurring (identifying the likelihood of an event and the degree of harm it could cause). Covid-19 JFSC moves back to remote working News Team Thursday, December 03, 2020 12:00 am http://offshore-bankers.net/article/43342/jfsc-moves-back-to-remote-working In response to these measures, both our regulatory and registry teams are now once again working remotely, except for a small number of essential members of staff. Covid-19 Infrastructure investment in a post-COVID world News Team Thursday, November 05, 2020 12:00 am http://offshore-bankers.net/article/42904/infrastructure-investment-in-a-post-covid-world The COVID-19 pandemic has, if anything, reinforced a focus on alternatives, owing to the increased volatility seen across global stock markets. Covid-19 BVI's remittance sector to take a battering from covid-19 News Aggregation Team Thursday, November 05, 2020 12:00 am http://offshore-bankers.net/article/42918/bviamp039s-remittance-sector-to-take-a-battering-from-covid-19 BVI's remittance sector is expeced to take a hit as the latest estimates published in the World Bank's Migration & Development Brief show that global remittances will decline by 14% by 2021 compared to the pre-covid-19 levels in 2019. Covid-19 Bahamas Govt Scraps Covid-19 Antigen Testing For Travelers Upon Arrival News Aggregation Team Monday, November 02, 2020 12:00 am http://offshore-bankers.net/article/42841/bahamas-govt-scraps-covid-19-antigen-testing-for-travelers-upon-arrival The minister said when the country closed its borders earlier this year to protect its citizenry from COVID-19, no one would imagine seven months later the impact of the virus would remain so severe. Covid-19 Bahamas Announces Slight Relaxation of COVID-19 Rules News Aggregation Team Friday, October 30, 2020 12:00 am http://offshore-bankers.net/article/42824/bahamas-announces-slight-relaxation-of-covid-19-rules Concerning weddings and funerals on Grand Bahama, he said they will be limited to ten people, not including officiants and mortuary workers. Covid-19 Cayman Regulator volunteers to take part in COVID vaccine trial News Aggregation Team Sunday, October 25, 2020 1:00 am http://offshore-bankers.net/article/42727/cayman-regulator-volunteers-to-take-part-in-covid-vaccine-trial Cayman company is seeking 20 volunteers for human trials Covid-19 Jersey’s COVID Alert App has launched News Aggregation Team Wednesday, October 14, 2020 1:00 am http://offshore-bankers.net/article/42579/jerseyamprsquos-covid-alert-app-has-launched As a close-knit community we are encouraging as many people as possible to download the app to protect their colleagues, their family and their community.” Covid-19 The Bahamas: Employment challenges with COVID-19 News Team Friday, September 11, 2020 1:00 am http://offshore-bankers.net/article/42076/the-bahamas-employment-challenges-with-covid-19 Most places of employment have had to establish a new way of operation and many employees, if among the fortunate, have had to learn to work from home. Covid-19