Managers of Wealth - Offshore http://offshore-bankers.net/ Sun, 21 Jul 2019 12:12:55 BST part of MediaG8way Group http://offshore-bankers.net/ http://offshore-bankers.net/assets/images/logo.png Managers of Wealth - Offshore KohanaPHP Fund administrator to be purchased by private equity firm Michael Pilgrim Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36350/fund-administrator-to-be-purchased-by-private-equity-firm The transaction is subject to regulatory approval. Wealth and Asset Management Isle of Man multi-family office announces management buyout Andro Bautista Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36327/isle-of-man-multi-family-office-announces-management-buyout The management buyout is subject to regulatory approval Wealth and Asset Management Vistra Launches BVI Economic Substance Classification Solutions Ana Hall Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36293/vistra-launches-bvi-economic-substance-classification-solutions Vistra will continue to launch substance classification solutions for a number of other jurisdictions, including the Cayman Islands. Wealth and Asset Management Standard Bank Jersey team wins gold News Aggregation Team Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36297/standard-bank-jersey-team-wins-gold Awards were handed out in 10 categories and selected by a judging panel of specialists from law firms, accountancy practices and financial planners. Wealth and Asset Management Maitland Luxembourg head receives prestigious Grand Duchy award Mitzi Limlengco Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36298/maitland-luxembourg-head-receives-prestigious-grand-duchy-award The Minister of Finance, on behalf of the Luxembourg Grand Duke, presented the award to John at a private awards ceremony for services to the Luxembourg financial industry over the past 25 years. Wealth and Asset Management The benefits of outsourcing to Hong Kong in the context of the US/China trade war Ana Hall Tuesday, July 16, 2019 1:00 am http://offshore-bankers.net/article/36270/the-benefits-of-outsourcing-to-hong-kong-in-the-context-of-the-uschina-trade-war Working with the ZEDRA Hong Kong Trade and Treasury team also adds another layer of support because we’re a trusted partner in what is likely to be a venture into a new jurisdiction. Wealth and Asset Management Isle of Man-based corporate services provider joins SMP Group Michael Pilgrim Tuesday, July 16, 2019 1:00 am http://offshore-bankers.net/article/36271/isle-of-man-based-corporate-services-provider-joins-smp-group A well-respected service provider on the Isle of Man, delivering corporate, tax, and accounting services to a broad range of clients. Wealth and Asset Management HSBC Malta launches €250m International Business Fund News Aggregation Team Tuesday, July 16, 2019 1:00 am http://offshore-bankers.net/article/36275/hsbc-malta-launches-ampeuro250m-international-business-fund HSBC’s global reach and expertise help approximately 1.5 million business customers Wealth and Asset Management J. Safra Sarasin completes acquisition Ana Hall Monday, July 15, 2019 1:00 am http://offshore-bankers.net/article/36247/j-safra-sarasin-completes-acquisition The attractive client base and their experienced relationship managers are an excellent fit with J. Safra Sarasin’s private banking business and its comprehensive offering of investment services and trading capabilities. Wealth and Asset Management Butterfield Bank clinches Channel Islands acquisition Ana Hall Monday, July 15, 2019 1:00 am http://offshore-bankers.net/article/36248/butterfield-bank-clinches-channel-islands-acquisition We are committed to communicating with stakeholders our integration progress in a transparent and timely manner. Wealth and Asset Management TSG names new Head of Operations News Aggregation Team Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36345/tsg-names-new-head-of-operations He will work with TSG’s board members to optimise operational processes Executive Moves Babbé recruits to litigation team News Aggregation Team Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36346/babbampeacute-recruits-to-litigation-team She brings with her more than five years’ experience advising clients on various aspects of large-scale Executive Moves New director for Hawksford’s Risk, Governance and Compliance team Mitzi Limlengco Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36322/new-director-for-hawksfordamprsquos-risk-governance-and-compliance-team Heather began her career in audit and assurance at Ernst & Young where she qualified with the Institute of Chartered Accountants in England and Wales (ICAEW) before undertaking a secondment to its Geneva office. Executive Moves Hamilton fills new CTO role Mitzi Limlengco Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36328/hamilton-fills-new-cto-role Prior to joining Coleman Research, Mr. Krishnamoorthy was VP, Digital Technology, at McGraw-Hill Higher Education. Executive Moves Rawlinson & Hunter promotes pair News Aggregation Team Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36281/rawlinson-ampamp-hunter-promotes-pair Francine Mason, senior partner of R&H Bermuda, following the retirement of Paul Hubbard, said: “For a number of years, Alex and Ryan have been integral to R&H Bermuda’s growth, and the transition to partner is the natural next step Executive Moves Ogier in Cayman's "top of the industry" private wealth team promoted in Chambers HNW Guide Ana Hall Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36283/ogier-in-caymanamp039s-ampquottop-of-the-industryampquot-private-wealth-team-promoted-in-chambers-hnw-guide The team regularly advises on the largest and most complex matters in the Cayman Islands across the full private wealth spectrum, including the establishment and administration of sophisticated trust arrangements, wills and probate, and litigation. Executive Moves RBC Wealth Management makes senior hires News Aggregation Team Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36294/rbc-wealth-management-makes-senior-hires In addition, RBC Wealth Management has appointed Annabel Bosman to the role of Managing Director Executive Moves New World Bank Envoy Lauds Jamaica on its Economic Performance News Aggregation Team Tuesday, July 16, 2019 1:00 am http://offshore-bankers.net/article/36269/new-world-bank-envoy-lauds-jamaica-on-its-economic-performance Ambassador Marks congratulated Mr. Sevimli on his appointment and encouraged him to focus on two key areas which will drive growth and make a meaningful impact on the Jamaican economy and people. Executive Moves Legal practitioners elect association’s council Andro Bautista Monday, July 15, 2019 1:00 am http://offshore-bankers.net/article/36246/legal-practitioners-elect-associationamprsquos-council Collins, who is a partner at Walkers, said Sunday that the association has 546 members, which comprise about 80% of the attorneys in Cayman. Executive Moves Intertrust appoints former Rabobank executive Mitzi Limlengco Monday, July 15, 2019 1:00 am http://offshore-bankers.net/article/36252/intertrust-appoints-former-rabobank-executive Petra joins Intertrust from Rabobank where for the last three years she has been Chief Risk Officer and member of the Managing Board. Executive Moves OECD seeks input on tax dispute resolution in Andorra, Anguilla, Bahamas, Bermuda, BVI, Cayman, Faroe Islands, Macau, Morocco, Tunisia News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36309/oecd-seeks-input-on-tax-dispute-resolution-in-andorra-anguilla-bahamas-bermuda-bvi-cayman-faroe-islands-macau-morocco-tunisia The OECD has already requested information concerning the tax treaty dispute resolution mechanisms in 60 other countries. Tax US Senate ratifies protocols to tax treaties with Japan, Switzerland, Luxembourg News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36311/us-senate-ratifies-protocols-to-tax-treaties-with-japan-switzerland-luxembourg The US-Japan tax treaty protocol and related exchange of notes, signed in 2013, exempts from withholding all cross-border payments of interest and expands the withholding tax exemption for dividend payments. Tax Deloitte’s Annual Tax Debate focuses on evolution of international tax laws and their impact on Guernsey News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36314/deloitteamprsquos-annual-tax-debate-focuses-on-evolution-of-international-tax-laws-and-their-impact-on-guernsey Daniel stated that on one hand there has been a drive towards greater transparency with regime Tax Gibraltar - UK Double Taxation Agreement Mitzi Limlengco Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36324/gibraltar-uk-double-taxation-agreement The terms included in the Gibraltar DTA will need to be seen and studied as and when it is pThe terms included in the Gibraltar DTA will need to be seen and studied as and when it is publishedublished Tax ISOLAS Welcomes Upcoming Double Taxation Agreement Andro Bautista Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36325/isolas-welcomes-upcoming-double-taxation-agreement The agreement highlights Gibraltar’s commitments to the international standards of tax transparency Tax Bahamas: New tax reforms in effect Mitzi Limlengco Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36330/bahamas-new-tax-reforms-in-effect To allow businesses to select a time period that corresponds with their financial year, there will be four periods in the calendar year Tax Loan charge: those who disclosed tax avoidance won't face penalties, says minister News Aggregation Team Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36291/loan-charge-those-who-disclosed-tax-avoidance-wonamp039t-face-penalties-says-minister Around 50,000 contractors who used loan-based tax avoidance schemes dating back 20 years are being targeted by the charge. Tax Global Forum on Tax Transparency assists Morocco to implement Exchange of Information on Request Mitzi Limlengco Monday, July 15, 2019 1:00 am http://offshore-bankers.net/article/36257/global-forum-on-tax-transparency-assists-morocco-to-implement-exchange-of-information-on-request Following this seminar, they carried out a mock on-site visit from 3 to 5 July conducting a preliminary assessment to identify areas where improvements are needed and prepare stakeholders for the review process. Tax ‘Tax On Society’: 75% Of Workers Have No Pension News Aggregation Team Friday, July 12, 2019 1:00 am http://offshore-bankers.net/article/36239/amplsquotax-on-societyamprsquo-75-of-workers-have-no-pension The Central Bank report itself said that the low 35 percent response rate, with just 49 out of 140 existing and potential pension plan sponsors responding, “underscores the importance of concluding and activating the regulatory framework for private Tax Nearly 490,000 taxpayers reveal undeclared income News Aggregation Team Tuesday, July 09, 2019 1:00 am http://offshore-bankers.net/article/36166/nearly-490000-taxpayers-reveal-undeclared-income IRB chief executive officer Datuk Seri Sabin Samitah in early January was quoted by the media as saying the SVDP aimed to attract at least one million taxpayers with an estimated RM10 billion in tax collection Tax British Virgin Islands - Update on substance rules for BVI companies and limited partnerships Ana Hall Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36344/british-virgin-islands-update-on-substance-rules-for-bvi-companies-and-limited-partnerships Depending on the assessment, some BVI entities must establish economic substance in the BVI in order to comply with the requirements of the Act. Regulation, Risk & Compliance European reinsurers can claim capital credit from Guernsey reinsurers News Aggregation Team Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36352/european-reinsurers-can-claim-capital-credit-from-guernsey-reinsurers There is no reason why the benefit of that reinsurance should not be recognised under the Solvency II capital calculation. Regulation, Risk & Compliance Growth in Ogier's dedicated Compliance and Take on Team as specialists step up to senior roles Kris Borres Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36312/growth-in-ogieramp039s-dedicated-compliance-and-take-on-team-as-specialists-step-up-to-senior-roles The dedicated Take on Team has grown from six at the end of 2017 to a full complement of 20, supported by the firm's Service Innovation Team and process mapping experts. Regulation, Risk & Compliance Campbells successfully acts for the Defendants in the matter of Steven Goodman v Dawn Cummings and DMS Governance Ltd. News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36320/campbells-successfully-acts-for-the-defendants-in-the-matter-of-steven-goodman-v-dawn-cummings-and-dms-governance-ltd The Judgment is a vindication of DMS and Ms Cummings and serves as a useful reminder to those that seek to pursue vexatious claims against independent directors and professional fund governance companies in the Cayman Islands. Regulation, Risk & Compliance Combating financial crime - KPMG Ana Hall Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36326/combating-financial-crime-kpmg 3 focus areas for banks to achieve more effective and efficient customer due diligence Regulation, Risk & Compliance One of the largest offshore fund managers to pay back $860 Million News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36335/one-of-the-largest-offshore-fund-managers-to-pay-back-860-million Settlement wraps up one of the largest remaining disputes in liquidation of Bernard Madoff’s Ponzi scheme Regulation, Risk & Compliance CIISF to hold cyber threats seminar News Aggregation Team Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36285/ciisf-to-hold-cyber-threats-seminar It will demonstrate how to incorporate threat intelligence and use defensive tactics. Regulation, Risk & Compliance ZEDRA Jersey raises funds for NSPCC projects Ana Hall Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36299/zedra-jersey-raises-funds-for-nspcc-projects ‘ZEDRA is a global firm but our ethos is to make sure we support local charities actively in various ways and, in doing so, we are able to make a positive, practical and ongoing contribution to the communities around us in which we work. Regulation, Risk & Compliance Economic substance rules – an update Mitzi Limlengco Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36300/economic-substance-rules-ampndash-an-update As a first step, we are helping our clients to analyse and understand where their entities are tax resident and whether their activities are affected by the legislation. Regulation, Risk & Compliance Civil Financial Penalties on Principal Persons: Methodology for determining the amount News Aggregation Team Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36303/civil-financial-penalties-on-principal-persons-methodology-for-determining-the-amount The circumstances of each case will be different and the JFSC will apply each step in the methodology with the necessary degree of flexibility and discretion that the particular case will merit. Regulation, Risk & Compliance Adding value – the BVI Corporate Advantage News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36319/adding-value-ampndash-the-bvi-corporate-advantage In this article, originally published by The Energy Industry Times, Greg Boyd discusses the BVI Corporate Advantage. Comment, Analysis & Research Amid Brexit uncertainty, few fears for Cayman News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36333/amid-brexit-uncertainty-few-fears-for-cayman One area of concern is that the UK will no longer have a voice within the European Union on financial services policy when it comes to drawing up ‘blacklists’ and ‘grey lists’ Comment, Analysis & Research Carey Olsen Sponsored Island Games Cycling Team Wins Eight Medals for Jersey News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36337/carey-olsen-sponsored-island-games-cycling-team-wins-eight-medals-for-jersey Jersey’s men’s team comprised Sam Firby, Rhys Hidrio, Rhys Pilley, Jack Rebours and Dave Le Roux. Together, they collected a bronze in the men’s team road race. Comment, Analysis & Research Is Midshore the New Offshore? by By Joe Cheung and Chris Burton, Vistra Kris Borres Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36292/is-midshore-the-new-offshore-by-by-joe-cheung-and-chris-burton-vistra While it would be a mistake to write traditional offshore jurisdictions off the map, many forward-thinking enterprises are setting their sights on ‘midshore’ locations in Asia. Comment, Analysis & Research Technology alone won’t save you - IRESS Mitzi Limlengco Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36296/technology-alone-wonamprsquot-save-you-iress Don’t fear change, fear the absence of it. Comment, Analysis & Research Guernsey plays its part in OECD success against tax evasion Mitzi Limlengco Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36295/guernsey-plays-its-part-in-oecd-success-against-tax-evasion The FBI recently highlighted to American senators the “immense value” of Guernsey’s information sharing in helping to combat financial crime. Comment, Analysis & Research Cayman tops list of most expensive places to live News Aggregation Team Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36305/cayman-tops-list-of-most-expensive-places-to-live When it comes to expensive places to live, look no further than the ground beneath your feet. Comment, Analysis & Research The growth of private funds Kris Borres Tuesday, July 16, 2019 1:00 am http://offshore-bankers.net/article/36264/the-growth-of-private-funds Traditional investment funds function as a collective investment structure – they are simply a vehicle for a range of investors to pool their money together and invest in a project, or multiple projects. Comment, Analysis & Research Private Equity Ireland – Investment Limited Partnership Reform Ana Hall Tuesday, July 16, 2019 1:00 am http://offshore-bankers.net/article/36265/private-equity-ireland-ampndash-investment-limited-partnership-reform A recent report prepared by Indecon regarding the Economic Impact of the Funds Industry on the Irish Economy revealed that in 2018 alone Comment, Analysis & Research Will Luxembourg Be The Biggest Benefactor Of The E.U.'s Decline News Aggregation Team Tuesday, July 16, 2019 1:00 am http://offshore-bankers.net/article/36273/will-luxembourg-be-the-biggest-benefactor-of-the-euamp039s-decline The agreement was part of many bilateral treaties Switzerland has with the E.U. Comment, Analysis & Research Appleby highly ranked in Chambers' High Net Worth Guide Ana Hall Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36341/appleby-highly-ranked-in-chambersamp039-high-net-worth-guide The team was also acknowledged as one of the strongest and most responsive in the Cayman Islands.” Legal Jersey's Royal Court rules on the extent of its powers to restrict a party that withdraws trust proceedings from starting afresh Ana Hall Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36348/jerseyamp039s-royal-court-rules-on-the-extent-of-its-powers-to-restrict-a-party-that-withdraws-trust-proceedings-from-starting-afresh A question therefore arose as to the powers of the Royal Court to restrict a party that withdraws proceedings to start afresh. Legal CSSF on mandatory notifications in a no-deal Brexit context Kris Borres Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36349/cssf-on-mandatory-notifications-in-a-no-deal-brexit-context This means they shall no longer benefit from the relevant passporting regime and, as a result, will not be able provide their services in Luxembourg without authorisation by the CSSF. Legal Economic substance laws: the private wealth context Ana Hall Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36353/economic-substance-laws-the-private-wealth-context The following article sets out a brief overview of the new substance regime with a particular focus on its application to private wealth structures. Legal Bermuda ILS overhaul welcomed but will new vehicles take off? Ana Hall Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36354/bermuda-ils-overhaul-welcomed-but-will-new-vehicles-take-off Appleby partner Brad Adderley said it was “completely sensible” for the BMA to update the regulation given the evolution in the market. Legal Walkers advises IMF Bentham on the launch of new USD$500 million fund Mitzi Limlengco Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36355/walkers-advises-imf-bentham-on-the-launch-of-new-usd500-million-fund DLA Piper acted as international counsel to IMF Bentham Legal Washing the Judicial Linen in Public News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36316/washing-the-judicial-linen-in-public Strong criticism indeed by a well-respected English QC who has sat as a Judge of our Court of Appeal for a number of years and favoured the certainty of the objective approach. Legal 7 Walkers Lawyers Ranked in Chambers' High Net Worth 2019 Kris Borres Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36317/7-walkers-lawyers-ranked-in-chambersamp039-high-net-worth-2019 Walkers Global Private Capital and Trusts group delivers highly commercial legal solutions across practice areas and sectors. Legal Six Carey Olsen lawyers nominated for Citywealth Future Leaders Awards Mitzi Limlengco Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36318/six-carey-olsen-lawyers-nominated-for-citywealth-future-leaders-awards Carey Olsen is delighted to announce that it has six lawyers shortlisted for the 2019 Citywealth Future Leaders Awards. Legal Cayman Islands Partner Relocates to Walkers Dubai Kris Borres Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36321/cayman-islands-partner-relocates-to-walkers-dubai Move demonstrates our commitment to our clients in the Middle East and is an invaluable addition as we grow our Dubai insolvency and dispute resolution offering." Legal Malta Development Bank and KfW Group establish business cooperation for SME financing in Malta News Aggregation Team Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36343/malta-development-bank-and-kfw-group-establish-business-cooperation-for-sme-financing-in-malta This loan agreement will contribute to deepen and extend the existing business relationship between KfW and MDB which started during the bank's incorporation process. AIM and Hedge Funds Canada provides funding for small-scale, high-impact projects in Jamaica News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36331/canada-provides-funding-for-small-scale-high-impact-projects-in-jamaica Deadline for submission of proposals is July 31 and applicants can apply for up to CDN$25,000 per project. AIM and Hedge Funds Offshore wind auction could raise millions for Queen News Aggregation Team Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36284/offshore-wind-auction-could-raise-millions-for-queen Crown Estate holds rights to seabeds around British Isles for wind and wave power AIM and Hedge Funds HSCM Bermuda leads latest funding round for RiskGenius insurtech News Aggregation Team Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36289/hscm-bermuda-leads-latest-funding-round-for-riskgenius-insurtech Proceeds from the round will finance further improvements to RiskGenius’ software platform for commercial insurance carriers and brokers, as well as supporting marketing and sales. AIM and Hedge Funds Transamerica Life Bermuda Honored by Industry Peers as Best in Class Life Insurer Ana Hall Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36290/transamerica-life-bermuda-honored-by-industry-peers-as-best-in-class-life-insurer Winner in the International Life Insurer of the Year (Hong Kong) category for the fourth year running AIM and Hedge Funds AIMA Cayman collaborates with industry News Aggregation Team Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36308/aima-cayman-collaborates-with-industry Members enjoyed the industry updates over a complimentary lunch and remarked how useful it was to have received such relevant and timely content from AIMA. AIM and Hedge Funds Luxembourg AM to offer two bond funds to Swiss investors News Aggregation Team Monday, July 15, 2019 1:00 am http://offshore-bankers.net/article/36251/luxembourg-am-to-offer-two-bond-funds-to-swiss-investors It also invests in other fixed rate securities from international issuers. AIM and Hedge Funds BMA figures show mixed picture for Q4 2018 News Aggregation Team Monday, July 15, 2019 1:00 am http://offshore-bankers.net/article/36255/bma-figures-show-mixed-picture-for-q4-2018 The faster increase of assets by 2.6 percent compared to the slower increase of equity increased the financial leverage AIM and Hedge Funds AVG Launches Two Funds News Aggregation Team Friday, July 12, 2019 1:00 am http://offshore-bankers.net/article/36235/avg-launches-two-funds he Fund’s first investment of US $2.2m is Tag Sensors from Mo I Rana Norway AIM and Hedge Funds Can IDD advisers still instruct Malta pension trustees? News Aggregation Team Thursday, July 11, 2019 1:00 am http://offshore-bankers.net/article/36211/can-idd-advisers-still-instruct-malta-pension-trustees Changes by the local regulator could cause significant problems for those with the ‘wrong’ licence AIM and Hedge Funds Crypto custodian MetaVault expands into the Isle of Man News Aggregation Team Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36342/crypto-custodian-metavault-expands-into-the-isle-of-man MetaVault co-founder Justin Short said: "The decision to expand into the Isle of Man was a logical step in our business growth strategy. FinTech Innovative new law opens Guernsey up to Artifical Intelligence News Aggregation Team Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36347/innovative-new-law-opens-guernsey-up-to-artifical-intelligence This exciting and innovative new legislation builds on the existing Electronic Transactions (Guernsey) Law FinTech WAX Launches Blockchain Mainnet Purpose-Built for E-Commerce Ana Hall Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36310/wax-launches-blockchain-mainnet-purpose-built-for-e-commerce ERC-20 WAX Holders Can Now Swap for Genesis WAX Protocol Tokens and Claim Rewards FinTech Participants of intl. blockchain event hope to see Bahamians become more digitally competitive News Aggregation Team Thursday, July 18, 2019 1:00 am http://offshore-bankers.net/article/36340/participants-of-intl-blockchain-event-hope-to-see-bahamians-become-more-digitally-competitive Equity Bank, CryptoChicks Hackathon furthering blockchain in The Bahamas FinTech Mauritius – Playing in a tropical, Fintech sandbox Ana Hall Wednesday, July 17, 2019 1:00 am http://offshore-bankers.net/article/36301/mauritius-ampndash-playing-in-a-tropical-fintech-sandbox Graham Patrick, Senior Client Manager, based in Mauritius, explains why for the tech-savvy investor, Mauritius is an interesting place to watch right now. FinTech Bitt approved for legislation by Barbados regulators News Aggregation Team Tuesday, July 16, 2019 1:00 am http://offshore-bankers.net/article/36278/bitt-approved-for-legislation-by-barbados-regulators Bitt has become the first fintech to complete and exit Barbados’ Regulatory Sandbox Framework, reports Jane Connolly. FinTech WealthTech Suite crowned “Best Wealth Management System” Mitzi Limlengco Friday, July 12, 2019 1:00 am http://offshore-bankers.net/article/36226/wealthtech-suite-crowned-ampldquobest-wealth-management-systemamprdquo The company has also been confirmed as an accredited system provider with the 2019 GoodAccredited Standard. FinTech CSSF introduces a new eDesk portal and an online PRIIPs self-assessment News Aggregation Team Wednesday, July 10, 2019 1:00 am http://offshore-bankers.net/article/36198/cssf-introduces-a-new-edesk-portal-and-an-online-priips-self-assessment The CSSF has also published a press release, informing of an online PRIIPs assessment which will have to be performed by certain types of investment funds on the same portal. FinTech Fintech consulting firm partnering with blockchain platform Algorand News Aggregation Team Wednesday, July 10, 2019 1:00 am http://offshore-bankers.net/article/36208/fintech-consulting-firm-partnering-with-blockchain-platform-algorand Cartan is collaborating with Algorand, the first permissionless and pure proof-of-stake blockchain, to further decentralise the Algorand network; to build financial products on top of the Algorand network; and to expand Algorand’s fast-growing globa FinTech Looking for the right fit News Aggregation Team Tuesday, July 09, 2019 1:00 am http://offshore-bankers.net/article/36184/looking-for-the-right-fit Compliance is largely coming as an afterthought for many, is poorly understood and will cause problems when jurisdictions with lax regimes struggle to manage the risks FinTech The future for Guernsey funds look green Mitzi Limlengco Friday, July 19, 2019 1:00 am http://offshore-bankers.net/article/36351/the-future-for-guernsey-funds-look-green This contributed to a total value of $12.7b (61% of total deal value) with Europe leading the activity with $5.4b (42.5%) of total renewables deal value. ESG Guernsey increases focus on sustainability News Aggregation Team Friday, July 12, 2019 1:00 am http://offshore-bankers.net/article/36231/guernsey-increases-focus-on-sustainability In order to reduce the plastic waste used by visitors and locals and make it easier for tourists, Refill Guernsey has positioned 28 conveniently located water refill stations around the island. ESG Jersey investment consultancy launched News Aggregation Team Friday, July 12, 2019 1:00 am http://offshore-bankers.net/article/36232/jersey-investment-consultancy-launched Their new firm offers bespoke investment manager selection services, incorporating pension solutions based on impact investment strategies, as well as traditional investment strategies. ESG The Future of Impact Funds and Sustainable Investment in Asia Kris Borres Thursday, July 11, 2019 1:00 am http://offshore-bankers.net/article/36091/the-future-of-impact-funds-and-sustainable-investment-in-asia Over the past three and a half years since the completion of the Paris Agreement there has been a staggering rise in the number of new policies, targets and initiatives around the world addressing a number of environmental and social issues. ESG Bermuda to Introduce New Classes of Insurers Kris Borres Thursday, July 11, 2019 1:00 am http://offshore-bankers.net/article/36214/bermuda-to-introduce-new-classes-of-insurers The most recent example arrived in May with the release by the Bermuda Monetary Authority of a consultation paper on the “new insurers and insurance marketplace”, including the Insurance Amendment Act 2018. ESG Stewardship is key as global wealthy embrace self-awareness Ana Hall Thursday, July 11, 2019 1:00 am http://offshore-bankers.net/article/36218/stewardship-is-key-as-global-wealthy-embrace-self-awareness More recently, a survey of CFA Institute members revealed a growing tendency towards ESG, with 85% of respondents claiming institutional investors should take ESG factors into account when making investment decisions. ESG Substance, governance and impact – the hot topics from HKVCA Asia Venture Capital Forum 2019 Mitzi Limlengco Wednesday, July 10, 2019 1:00 am http://offshore-bankers.net/article/36194/substance-governance-and-impact-ampndash-the-hot-topics-from-hkvca-asia-venture-capital-forum-2019 ESG is becoming a hot topic globally and one which investors and managers will find harder and harder to ignore. ESG UK’s drive for green finance is a boost for Guernsey Mitzi Limlengco Sunday, July 07, 2019 1:00 am http://offshore-bankers.net/article/36140/ukamprsquos-drive-for-green-finance-is-a-boost-for-guernsey London’s new Green Finance Institute was launched this week with the aims of finding solutions for sustainable finance, and making London the leading global centre for green finance. ESG Everest Insurance Obtains Regulatory Approval for Ireland-based Insurance Subsidiary Tuesday, October 03, 2017 1:00 am http://offshore-bankers.net/article/29527/everest-insurance-obtains-regulatory-approval-for-ireland-based-insurance-subsidiary Most recently, he served as Chief Innovation Officer at Aon. ESG Duperreault restructures AIG News Aggregation Team Wednesday, September 27, 2017 1:00 am http://offshore-bankers.net/article/29457/duperreault-restructures-aig The chief executive of the commercial unit, Rob Schimek, will leave the company at the end of October. Mr Schimek has been with AIG for 12 years. ESG