Managers of Wealth - Offshore http://offshore-bankers.net/ Wed, 30 Sep 2020 10:09:08 BST part of MediaG8way Group http://offshore-bankers.net/ http://offshore-bankers.net/assets/images/logo.png Managers of Wealth - Offshore KohanaPHP How do PTC’s offer a more holistic approach to succession? News Aggregation Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42286/how-do-ptcamprsquos-offer-a-more-holistic-approach-to-succession Choosing a successor and planning for wealth handover isn’t only a simple question of structuring. Wealth and Asset Management Ocorian announces acquisition News Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42300/ocorian-announces-acquisition The deal, which was agreed on 22 September, is subject to regulatory approval. Wealth and Asset Management Butterfield Trust Manager shortlisted for Future Leaders Award News Aggregation Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42306/butterfield-trust-manager-shortlisted-for-future-leaders-award The shortlist was chosen through award submissions, judges’ recommendations and editorial research. Wealth and Asset Management Liechtenstein boutique launches gold and crypto fund News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42277/liechtenstein-boutique-launches-gold-and-crypto-fund The fund invests 75% in gold and 25% in cryptocurrencies, mainly Bitcoin. It has returned 30% since its launch. Wealth and Asset Management SFAMA and AMP Switzerland to merge News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42278/sfama-and-amp-switzerland-to-merge The former chairman of the AMP and president of SFAMA is president of the new association. Wealth and Asset Management Jersey wealth managers merge News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42283/jersey-wealth-managers-merge As UK financial planning firm agrees eighth M&A deal of 2020 Wealth and Asset Management Revenue growth amid "difficult" year for PraxisIFM Group News Aggregation Team Thursday, September 24, 2020 1:00 am http://offshore-bankers.net/article/42253/revenue-growth-amid-ampquotdifficultampquot-year-for-praxisifm-group Chairman Andrew Haining said that a combination of factors had contributed to a challenging year, including the impact of Covid-19 during the final quarter. Wealth and Asset Management In conversation with Farah Ballands, CEO News Team Thursday, September 24, 2020 1:00 am http://offshore-bankers.net/article/42260/in-conversation-with-farah-ballands-ceo In 2015, we decided to sell the trust company – so I led the management buy-out of that part of the business, which was backed by Bridgepoint and became Estera. Wealth and Asset Management ZEDRA announces the Little Dreams Foundation as its charity in Miami and Switzerland News Team Monday, September 21, 2020 1:00 am http://offshore-bankers.net/article/42200/zedra-announces-the-little-dreams-foundation-as-its-charity-in-miami-and-switzerland Little Dreams Foundation provides training and advice from professional and celebrity mentors to young children with limited financial means who have a talent in music, art and sports. Wealth and Asset Management Schroders acquisition aimed at creating one of the UK’s top multifamily offices News Aggregation Team Friday, September 18, 2020 1:00 am http://offshore-bankers.net/article/42179/schroders-acquisition-aimed-at-creating-one-of-the-ukamprsquos-top-multifamily-offices Acquisition aimed at creating one of the UK’s top multifamily offices Wealth and Asset Management Executive changes at Grace News Aggregation Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42295/executive-changes-at-grace The changes come at a time when GK is growing despite the challenges being faced around the world due to the spread of the COVID-19 pandemic. Executive Moves Law Society elects first female President News Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42298/law-society-elects-first-female-president I am therefore very thankful for all the opportunities, that I have been given in all the years Executive Moves Apex Builds Real Estate Business with New Hire News Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42301/apex-builds-real-estate-business-with-new-hire Barry Hindmarch appointed Head of Real Estate, UK & Ireland and Channel Islands Executive Moves Crestbridge bolsters Client Operations team News Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42302/crestbridge-bolsters-client-operations-team In particular, he will focus on the implementation of operational efficiencies to support Crestbridge’s growth ambitions and ensure that clients consistently receive the highest possible standards of service. Executive Moves Intertrust Makes Four Senior Appointments in Jersey News Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42304/intertrust-makes-four-senior-appointments-in-jersey As well as these senior appointments Intertrust Group has promoted 20 employees across the Jersey business. Executive Moves Hawksford makes three senior appointments to its global team News Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42307/hawksford-makes-three-senior-appointments-to-its-global-team Hawksford is immersed in some of world’s most dynamic and exciting markets Executive Moves Sanne appoints experienced business development director in Jersey News Team Thursday, September 24, 2020 1:00 am http://offshore-bankers.net/article/42244/sanne-appoints-experienced-business-development-director-in-jersey Sanne has appointed Archie Irtizaali as Director, Business Development in its Jersey business. Executive Moves PartnerRe secures new head of retrocession News Team Thursday, September 24, 2020 1:00 am http://offshore-bankers.net/article/42248/partnerre-secures-new-head-of-retrocession Hengesbaugh will take the role effective October 01, while Coates will join effective November 07. Executive Moves Jersey Finance appoints new Chairman News Team Thursday, September 24, 2020 1:00 am http://offshore-bankers.net/article/42246/jersey-finance-appoints-new-chairman Experienced executive and non-executive director and accountant Jason Laity has been appointed Chairman of Jersey Finance. Executive Moves Board Changes at Nedbank Private Wealth News Team Thursday, September 24, 2020 1:00 am http://offshore-bankers.net/article/42264/board-changes-at-nedbank-private-wealth Both have played an important role during their membership of the board and we are grateful for their valuable contribution. Executive Moves Endowments under the microscope News Aggregation Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42328/endowments-under-the-microscope After five years the investor has access to the liquidity of capital, but with the tax benefits. Tax There’s a flip side to Vodafone’s case of ‘retrospective’ taxation News Aggregation Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42329/thereamprsquos-a-flip-side-to-vodafoneamprsquos-case-of-amplsquoretrospectiveamprsquo-taxation India has a sovereign right to tax sales of Indian assets and capital deserves no special treatment Tax Guernsey's economy threatened by "over-reliance" on finance News Aggregation Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42320/guernseyamp039s-economy-threatened-by-ampquotover-relianceampquot-on-finance The UK Government could look to create an offshore-style finance centre out of London in order to start addressing record-breaking national debt - and a well-travelled CEO has warned that Guernsey must start diversifying its economy now to combat the &amp Tax IRS targets tax compliance by non-U.S. owners of U.S. real estate News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42268/irs-targets-tax-compliance-by-non-us-owners-of-us-real-estate FIRPTA taxes foreign persons on the disposition of their U.S. real property interests. Tax Financial transactions: A complex landscape for taxpayers and tax authorities News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42280/financial-transactions-a-complex-landscape-for-taxpayers-and-tax-authorities Mo Malhotra, Ariel Krinshpun and Ockie Olivier evaluate how the OECD guidance on financial transactions will influence an increasingly convoluted transfer pricing environment. Tax Civil groups seek to quash Kenya’s tax agreements with 10 ‘tax havens’ News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42281/civil-groups-seek-to-quash-kenyaamprsquos-tax-agreements-with-10-amplsquotax-havensamprsquo The pair has sued the National Treasury, the Kenya Revenue Authority and the Office of the Attorney General arguing flaws in the procedures leading up to the DTAs. Tax Overview of economic substance pre-filing considerations News Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42284/overview-of-economic-substance-pre-filing-considerations Backdated surcharges will not be applied to late payment of tax where the 2019 income tax return has been filed by 28 February 2021. Tax Companies in low-or no-tax jurisdictions must show ‘economic substance’ News Aggregation Team Thursday, September 24, 2020 1:00 am http://offshore-bankers.net/article/42251/companies-in-low-or-no-tax-jurisdictions-must-show-amplsquoeconomic-substanceamprsquo In countries with low- or no tax, firms must have staff, premises, expenses and activities aligned with the company’s nature. Tax Not many surprises in parties’ tax policies News Aggregation Team Monday, September 21, 2020 1:00 am http://offshore-bankers.net/article/42195/not-many-surprises-in-partiesamprsquo-tax-policies The party has forecasted that the policy is to generate $550million of revenue a year. Tax Double-tax treaty with Russia ‘offers certainty’ News Aggregation Team Sunday, September 20, 2020 1:00 am http://offshore-bankers.net/article/42192/double-tax-treaty-with-russia-amplsquooffers-certaintyamprsquo The basic changes implemented by the treaty are the imposition on outbound dividend and interest payments of an increased withholding tax Tax Further Amendments to the Cayman Islands Companies Law, LLC Law and SIBL News Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42332/further-amendments-to-the-cayman-islands-companies-law-llc-law-and-sibl In the Amendment Laws, gazetted on 20 August 2020, certain information relating to Cayman Islands companies and limited liability companies will be publicly searchable from 1 October 2020. Regulation, Risk & Compliance Bfsb Chief Shortlisted For International Awards News Aggregation Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42334/bfsb-chief-shortlisted-for-international-awards The International Investment Awards are the longest-running event of their kind. Regulation, Risk & Compliance Bahamas strengthens legal framework in fight against financial crime News Aggregation Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42309/bahamas-strengthens-legal-framework-in-fight-against-financial-crime The FATF and the Caribbean FATF have been unable to carry out their scheduled onsite reviews, due to the covid-19 outbreak. Regulation, Risk & Compliance BVI named in 'FinCen Files' leaks News Aggregation Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42310/bvi-named-in-amp039fincen-filesamp039-leaks The BVI has been caught in the new exposé from the International Consortium of Investigative Journalists that reveals major flaws in the global anti-money laundering safeguards Regulation, Risk & Compliance New Cayman Registry & Regulator tech make filings easier for Private Funds etc News Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42315/new-cayman-registry-ampamp-regulator-tech-make-filings-easier-for-private-funds-etc Private Funds that changed from regulated to unregulated under the Registration Requirements from 7 August 2020 will need to update their filings at the Registry before 31 December 2020. Regulation, Risk & Compliance The Bahamas Must Comply with the Rules that Govern Operating in the Global Financial Ecosystem News Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42324/the-bahamas-must-comply-with-the-rules-that-govern-operating-in-the-global-financial-ecosystem The DPM said the Bill provides for the specific inclusion of the Non-Profit Organization limited by Shares and the Segregated Accounts Company in the definition of entities covered by the Act. Regulation, Risk & Compliance Banks must do more to stop financial crime, says deVere News Aggregation Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42325/banks-must-do-more-to-stop-financial-crime-says-devere These revelations have prompted deVere, one of the foremost financial consultancies in operation Regulation, Risk & Compliance Best destinations offering visas for remote workers including Caribbean islands News Aggregation Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42294/best-destinations-offering-visas-for-remote-workers-including-caribbean-islands Destinations such as Barbados, Bermuda and Estonia are all offering special visas for remote workers who need a change of scenery Regulation, Risk & Compliance Government On Track To Meet Performance Targets Despite COVID, Says EPOC News Aggregation Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42296/government-on-track-to-meet-performance-targets-despite-covid-says-epoc The Jamaican Government, GOJ, collected $143.9 billion in taxes, which was 7.5 per cent more than it expected. Regulation, Risk & Compliance Caribbean Development Bank to lend US$70 million to The Bahamas, St Lucia to counter COVID-19 fallout News Aggregation Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42297/caribbean-development-bank-to-lend-us70-million-to-the-bahamas-st-lucia-to-counter-covid-19-fallout CDB estimates that GDP will contract by 14 per cent in The Bahamas and by almost 19 per cent in St Lucia in 2020. Regulation, Risk & Compliance Understanding the secretive networks used to move money offshore News Aggregation Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42331/understanding-the-secretive-networks-used-to-move-money-offshore "In general, in any social network like LinkedIn or Facebook, there is something called 'Small World Phenomenon', which means that you're only ever around six people away from anyone in the world," Kejriwal said. Comment, Analysis & Research Temporary Bank Centre At Rosebank To Cease News Aggregation Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42335/temporary-bank-centre-at-rosebank-to-cease Customers are encouraged to continue to use online channels—Butterfield Online, the Butterfield mobile banking app, or ATMs—to conduct banking transactions wherever possible. Comment, Analysis & Research Could super yachts be a new niche for Cayman? News Aggregation Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42322/could-super-yachts-be-a-new-niche-for-cayman Attracting millionaire yacht owners would bring challenges as well as benefits Comment, Analysis & Research Cayman ranks seventh highest debtor to Taiwan's banks News Aggregation Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42290/cayman-ranks-seventh-highest-debtor-to-taiwanamp039s-banks Australia followed in sixth place at US$24.98 billion. Comment, Analysis & Research BVI economic substance for private wealth – snagging items? News Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42303/bvi-economic-substance-for-private-wealth-ampndash-snagging-items The RA is required to maintain prescribed information relating to whether the entity carries on a relevant activity Comment, Analysis & Research Managing the evolving compliance landscape facing multinationals News Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42308/managing-the-evolving-compliance-landscape-facing-multinationals We take a closer look at the findings of the Global Business Complexity Index 2020 Comment, Analysis & Research The rise and rise of mutual agreement procedures in the EU News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42276/the-rise-and-rise-of-mutual-agreement-procedures-in-the-eu Eddie Morris, Jennifer Breeze and Janelle Sadri discuss how the growth in the number of mutual agreement procedures, coupled with fine-tuning of the process, has affected its themes of access, resolution and implementation. Comment, Analysis & Research What Are The Go-To Jurisdictions for Wealthy Middle Easterners and Why? News Aggregation Team Wednesday, September 23, 2020 1:00 am http://offshore-bankers.net/article/42235/what-are-the-go-to-jurisdictions-for-wealthy-middle-easterners-and-why As a result Cayman remains a favourable jurisdiction providing substantive offshore structuring solutions for the region. Comment, Analysis & Research Introducing A Guide to Family Offices News Team Wednesday, September 23, 2020 1:00 am http://offshore-bankers.net/article/42234/introducing-a-guide-to-family-offices The launch of the guide comes as the number of family offices has surged in recent years Comment, Analysis & Research ‘Switzerland failing to tackle money laundering’: Thelesklaf News Aggregation Team Tuesday, September 22, 2020 1:00 am http://offshore-bankers.net/article/42220/amplsquoswitzerland-failing-to-tackle-money-launderingamprsquo-thelesklaf The former head of Switzerland’s anti-money laundering office says the country is failing to pull its weight in the fight against large scale corruption. Comment, Analysis & Research Nib Manager Denies Fraud Charges News Aggregation Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42333/nib-manager-denies-fraud-charges The prosecution alleged the group conspired to commit fraud by false pretences sometime between June 23 and July 14 of this year. Legal Carey Olsen advises committee of lenders in relation to FatFace restructuring News Aggregation Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42337/carey-olsen-advises-committee-of-lenders-in-relation-to-fatface-restructuring As part of the transaction, ownership of the FatFace group has transitioned to the group's lenders who were represented by Carey Olsen in Jersey. Legal Malta police arrest former PM's chief of staff in golden passports scandal News Aggregation Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42311/malta-police-arrest-former-pmamp039s-chief-of-staff-in-golden-passports-scandal Malta police arrested Keith Schembri, who was the chief of staff of former Prime Minister Joseph Muscat, early on Tuesday as part of an investigation into money laundering of funds derived from kickbacks on sales of Maltese passports. Legal Panama Papers accountant gets three years News Aggregation Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42312/panama-papers-accountant-gets-three-years He helped US clients evade taxes and worked with lawyers at Mossack Fonseca Legal Ogier advises on acquisition of stake in Advisa Group News Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42317/ogier-advises-on-acquisition-of-stake-in-advisa-group Ogier provided initial structuring advice and assisted with the implementation of the transaction Legal Carey Olsen's Susie Tindall becomes a Fellow of the Association of Corporate Governance Practitioners News Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42318/carey-olsenamp039s-susie-tindall-becomes-a-fellow-of-the-association-of-corporate-governance-practitioners "The recognition by my peers of my governance experience is of course gratifying, and I am proud to be able to put that experience to good use on behalf of our clients," said Susie. Legal Commercial Attorneys Contribute to Thomson Reuters Country Guide News Aggregation Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42326/commercial-attorneys-contribute-to-thomson-reuters-country-guide Thomson Reuters relies on industry expertise and innovative technology to deliver financial and business information to decision-makers in the financial, legal, tax, accounting, and media markets. Legal Jersey Court Decision in Beddoe Application may have Implications for Statutory Firewall News Aggregation Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42299/jersey-court-decision-in-beddoe-application-may-have-implications-for-statutory-firewall The court was also prepared to direct the trustee to waive privilege in its legal advice, despite the benefit of doing so being both marginal and speculative. Legal Walkers Advises Filinvest on US$200 million Notes Issuance News Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42305/walkers-advises-filinvest-on-us200-million-notes-issuance The Walkers team was led by Hong Kong-based partner Nicholas Davies with assistance from associate Sonya Saxena. Legal Ogier in Jersey advises Medicxi on close of €200 million fund News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42265/ogier-in-jersey-advises-medicxi-on-close-of-ampeuro200-million-fund MS1 has committed to fund and accelerate the portfolio’s development plans through to the next stages of value creation. Legal Ocorian acquires Newgate Compliance News Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42327/ocorian-acquires-newgate-compliance The deal, which was agreed on 22 September, is subject to regulatory approval. AIM and Hedge Funds Walkers advises LCI on a US$230 million joint venture News Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42330/walkers-advises-lci-on-a-us230-million-joint-venture It is planned that the fleet acquired through the joint venture will be used by operators worldwide for purposes such as transportation to offshore wind farms, Emergency Medical Services and Search and Rescue. AIM and Hedge Funds A Cayman Islands Hedge Fund Review | Part 5: Relations with CIMA and Investors News Team Wednesday, September 30, 2020 1:00 am http://offshore-bankers.net/article/42336/a-cayman-islands-hedge-fund-review-part-5-relations-with-cima-and-investors It may be business as usual for hedge funds as they seek to weather the market storm caused by Covid-19. AIM and Hedge Funds The Value of Specialised Financial Statement Preparation for Alternative Investment Funds News Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42314/the-value-of-specialised-financial-statement-preparation-for-alternative-investment-funds The training and investment needed for staff to stay abreast of ever evolving reporting standards across jurisdictions and reporting bases can be costly AIM and Hedge Funds Trust Essentials September 2020 - Ogier News Aggregation Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42316/trust-essentials-september-2020-ogier Trustees can all too easily find themselves caught up in litigation in another jurisdiction given the increasingly international nature of offshore trusts. AIM and Hedge Funds Irish Government approves amendments to Investment Limited Partnership Bill 2020 News Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42319/irish-government-approves-amendments-to-investment-limited-partnership-bill-2020 Irish ministers approved legislative plans last week aimed at enhancing Ireland’s regulatory environment in international financial services. AIM and Hedge Funds BOV, Malta Chamber and Saxo Bank debate on the future of businesses News Aggregation Team Monday, September 28, 2020 1:00 am http://offshore-bankers.net/article/42293/bov-malta-chamber-and-saxo-bank-debate-on-the-future-of-businesses Group head macroeconomic analyst Christopher Dembik focused on addressing the idea of a ‘new world’. AIM and Hedge Funds Top 7 Benefits of Outsourcing Fund Administration News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42267/top-7-benefits-of-outsourcing-fund-administration Many managers have begun to realise that self-administrating and doing everything in-house can be a misuse of precious resources. AIM and Hedge Funds Using TISE for Listing Securitisation Deals for European Clients News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42269/using-tise-for-listing-securitisation-deals-for-european-clients The securitizations involve large pools of cash-generating assets transferred to a special purpose vehicle which pays for the assets by issuing interest-bearing securities in the form of bonds or notes. AIM and Hedge Funds GFCI: Luxembourg Financial Centre Ranked Number 1 in the EU News Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42272/gfci-luxembourg-financial-centre-ranked-number-1-in-the-eu Luxembourg has once again been ranked as a leading European and global financial centre according the latest edition of the Global Financial Centres Index 28. AIM and Hedge Funds Luxembourg companies allowed to hold virtual meetings until 31 December 2020 News Team Sunday, September 27, 2020 1:00 am http://offshore-bankers.net/article/42287/luxembourg-companies-allowed-to-hold-virtual-meetings-until-31-december-2020 As the coronavirus pandemic continues to have an impact on society and good corporate governance FinTech Digital Bermuda Captive Conference attracts record attendance News Aggregation Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42274/digital-bermuda-captive-conference-attracts-record-attendance Conference chair Leslie Robinson said the organisers had received positive feedback about the event. FinTech A Bitcoin ETF Finally Launches...in Bermuda News Aggregation Team Wednesday, September 23, 2020 1:00 am http://offshore-bankers.net/article/42227/a-bitcoin-etf-finally-launchesin-bermuda Companies have struggled for years to get a Bitcoin ETF approved in the US. Now, the Bermuda Stock Exchange will have one. FinTech TrustQuay forges forward signing 4 new technology deals News Team Tuesday, September 22, 2020 1:00 am http://offshore-bankers.net/article/42214/trustquay-forges-forward-signing-4-new-technology-deals The new technology deals signed by TrustQuay are to put in place new administration and accounting platforms FinTech Innovation Fund success launches on Australian Stock Exchange News Aggregation Team Monday, September 21, 2020 1:00 am http://offshore-bankers.net/article/42203/innovation-fund-success-launches-on-australian-stock-exchange A Jersey-based Innovation Fund recipient has listed on the Australian Stock Exchange. FinTech Grant Thornton Malta helps local tech company secure Melita investment News Aggregation Team Friday, September 18, 2020 1:00 am http://offshore-bankers.net/article/42174/grant-thornton-malta-helps-local-tech-company-secure-melita-investment Prior to engaging Grant Thornton as corporate advisors, the HandsOn Group had been seeking to secure investment through the sale of private equity, in order to form a strategic alliance with a prospective partner. FinTech Bermuda-Based Digital Asset Bank, Jewel, Partners With Crypto Custodian Anchorage News Aggregation Team Friday, September 18, 2020 1:00 am http://offshore-bankers.net/article/42175/bermuda-based-digital-asset-bank-jewel-partners-with-crypto-custodian-anchorage Interestingly, Bermuda’s government is also one of the few authorities that accept tax payments in crypto, the USDC coin, to be specific. FinTech Time to get creative with Jersey’s Digital Design Challenge News Aggregation Team Friday, September 18, 2020 1:00 am http://offshore-bankers.net/article/42189/time-to-get-creative-with-jerseyamprsquos-digital-design-challenge From data visualisation to artwork inspired by technology, the challenge, supported by KPMG Channel Islands, is searching for the most inspiring and creative pieces of digital design in the island. FinTech Fintech Innovation post covid-19: The digital age and beyond News Aggregation Team Thursday, September 17, 2020 1:00 am http://offshore-bankers.net/article/42160/fintech-innovation-post-covid-19-the-digital-age-and-beyond As an international financial centre, The Bahamas has demonstrated its ability to innovate in the investment funds and fiduciary services space. FinTech Bahamas Plans E-Currency to Connect Far-Flung Island Beaches News Aggregation Team Wednesday, September 16, 2020 1:00 am http://offshore-bankers.net/article/42137/bahamas-plans-e-currency-to-connect-far-flung-island-beaches But even at that diminutive scale, the project puts the country at the forefront of a global race to create state-backed digital currencies, a goal shared by behemoths like China as well as Caribbean neighbors including Jamaica and Barbados. FinTech Carey Olsen advises Jersey Electricity on lease agreements for on-island solar generation News Team Tuesday, September 29, 2020 1:00 am http://offshore-bankers.net/article/42323/carey-olsen-advises-jersey-electricity-on-lease-agreements-for-on-island-solar-generation JE has partnered with local contractors SunWorks to project manage, install and commission the arrays. Planet SOS KBI Global Investors Participating in '50 Sustainability & Climate Leaders' Campaign News Team Friday, September 25, 2020 1:00 am http://offshore-bankers.net/article/42273/kbi-global-investors-participating-in-amp03950-sustainability-ampamp-climate-leadersamp039-campaign The Earth’s resources are finite and with demand growing, and a forecast two billion increase in the global population by 2050 Planet SOS Europe’s first sovereign sustainability bond involves Linklaters News Aggregation Team Wednesday, September 23, 2020 1:00 am http://offshore-bankers.net/article/42228/europeamprsquos-first-sovereign-sustainability-bond-involves-linklaters The sustainability framework it’s the first ever to be launched by a European country. Planet SOS Guernsey Finance has enrolled in ESI Monitor’s Environmental Business Operations Award News Aggregation Team Wednesday, September 23, 2020 1:00 am http://offshore-bankers.net/article/42242/guernsey-finance-has-enrolled-in-esi-monitoramprsquos-environmental-business-operations-award ESI Monitor would like to congratulate Guernsey Finance for embarking on the journey towards sustainability Planet SOS Clarien and BE Solar team up on financing News Aggregation Team Thursday, September 17, 2020 1:00 am http://offshore-bankers.net/article/42154/clarien-and-be-solar-team-up-on-financing The people of Bermuda now have a simple and straightforward way to invest in high-quality and reliable systems that are designed to create long term energy savings for decades. Planet SOS Apex Features In Preqin Apac Innovation Report News Team Monday, September 14, 2020 1:00 am http://offshore-bankers.net/article/42093/apex-features-in-preqin-apac-innovation-report Preqin’s latest Markets in Focus Report looks at the innovation being driven by Private Equity and Venture Capital investors in Asia-Pacific. Planet SOS Black Swan Disruption is Driving Positive Trends in ESG and Single-Source Solutions News Aggregation Team Tuesday, September 08, 2020 1:00 am http://offshore-bankers.net/article/42022/black-swan-disruption-is-driving-positive-trends-in-esg-and-single-source-solutions Nobody can truly predict the future, but the effects of the pandemic will undoubtedly lead to permanent changes in how we run our businesses and how investors view private markets. Planet SOS What is a B Corp? News Team Sunday, August 30, 2020 1:00 am http://offshore-bankers.net/article/41898/what-is-a-b-corp A certified B Corp isn’t limited to any type of business Planet SOS New Wave: The rise of green yachting News Team Wednesday, August 12, 2020 1:00 am http://offshore-bankers.net/article/41668/new-wave-the-rise-of-green-yachting There is currently a wind of change blowing through the global yachting industry, questioning the greatest maritime minds to see if they can find answers to big eco-conundrums. Planet SOS Momentum Builds for ESG Investment Among Global Public Investors, According To OMFIF-BNY Mellon Survey News Team Monday, August 03, 2020 1:00 am http://offshore-bankers.net/article/41547/momentum-builds-for-esg-investment-among-global-public-investors-according-to-omfif-bny-mellon-survey The findings, also published in OMFIF’s latest Global Public Investor Report Planet SOS 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 Cost for gov’t quarantine free for all returnees up till September 30 News Aggregation Team Wednesday, August 19, 2020 1:00 am http://offshore-bankers.net/article/41753/cost-for-govamprsquot-quarantine-free-for-all-returnees-up-till-september-30 This $3,500 is to cover the cost of 24-hour security. Covid-19 30 days without positives; Cayman’s COVID level moves from ‘sporadic’ to ‘no cases’ News Aggregation Team Thursday, August 13, 2020 1:00 am http://offshore-bankers.net/article/41697/30-days-without-positives-caymanamprsquos-covid-level-moves-from-amplsquosporadicamprsquo-to-amplsquono-casesamprsquo Even though Cayman has achieved this change in transmission level, the country remains at suppression level two (minimal suppression). It is unclear when the islands will move to level one (all clear). Covid-19 How has the pandemic affected the Isle of Man life sector? News Aggregation Team Monday, August 10, 2020 1:00 am http://offshore-bankers.net/article/41629/how-has-the-pandemic-affected-the-isle-of-man-life-sector Island has had ‘more enquiries’ from firms looking to learn more about its finance industry Covid-19 Fidelity 'Holding Our Own' On $7.5m Half-Year Profit News Aggregation Team Wednesday, July 29, 2020 1:00 am http://offshore-bankers.net/article/41487/fidelity-amp039holding-our-ownamp039-on-75m-half-year-profit Suggesting that the rise was minimal when set against the bank’s total $400m loan portfolio, he added that Fidelity was confident this was a “real” figure and “not masked” by the sort of blanket payment deferral initiative in Covid-19 In the wake of Covid-19 Guernsey supporting UK plc financing through cash box placings News Aggregation Team Tuesday, July 28, 2020 1:00 am http://offshore-bankers.net/article/41451/in-the-wake-of-covid-19-guernsey-supporting-uk-plc-financing-through-cash-box-placings With a cash box, UK PLC shares are issued in exchange for redeemable shares in a special purpose subsidiary, incorporated in a jurisdiction such as Guernsey. Covid-19 GUERNSEY: Covid hit on economy predicted to be 9% News Aggregation Team Wednesday, July 22, 2020 1:00 am http://offshore-bankers.net/article/41378/guernsey-covid-hit-on-economy-predicted-to-be-9 UK secures to the EU after Brexit and any competition from the UK itself as it changes tax and regulation to become more competitive. Covid-19 COVID-19 will result in a permanent increase in compliance risk News Team Monday, July 20, 2020 1:00 am http://offshore-bankers.net/article/41337/covid-19-will-result-in-a-permanent-increase-in-compliance-risk COVID-19 will have a lasting impact on the way businesses approach compliance. Covid-19 Cayman’s borders to reopen in September News Aggregation Team Sunday, July 19, 2020 1:00 am http://offshore-bankers.net/article/41323/caymanamprsquos-borders-to-reopen-in-september Additional regulations also lifted starting Sunday. Covid-19 Island opportunity as wealthy flee cities News Aggregation Team Tuesday, July 07, 2020 1:00 am http://offshore-bankers.net/article/41125/island-opportunity-as-wealthy-flee-cities A number of international families are deciding to also travel less and have selected one destination this year to stay put for six months or up to a year, to avoid the resurgence of Covid-19 cases in their home town and usual vacation spots like the Hamp Covid-19