Global Wealth Inequality: A Pandemic-Induced Divide

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.

There is now huge interest in Guernsey and we need to capitalise on this.

Minnis noted that The Bahamas has been a member state of the International Centre for Settlement of Investment Disputes since 1995

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.

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.

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.

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.

Businesses have never seen more clearly a return on the investment made in digital technologies and communication platforms.

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”.

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.

We are delighted with the initial work undertaken by Rock and Small and we hope the new creative will enable our brand to continue to evolve.

The pandemic has also catalysed interest in the much-vaunted green sector as lockdowns have reemphasised the value of the natural world.

This pandemic poses a different risk, and a realisation of vulnerability has certainly made some of our clients re-assess their priorities.

In the first of two interviews with Guernsey Finance Chief Executive Rupert Pleasant, he tells Rosie Allsopp the agency’s plans for breaking into new markets and forging deeper ties with those that already exist

ADIB were advised on matters of English law by the CMS team of Shakeel Adli, David Stanbridge, Sean Gough, Lily Martin and Adrienne Fisher.

Very wealthy families are having recourse to family offices more and more as concerns around wealth preservation, family disputes, succession planning and the complexity of managing the family affairs are intensifying.

Switzerland is mainly known for numbered bank accounts, which are listed only by number rather than by name, making it hard for officials to track down someone’s account.

The pressure to change had been building for years.

Diversification doesn’t only protect your business.

Pre-pandemic GDP higher than forecast