Cayman Companies Law extended the scope of the segregated portfolio companies’ provisions by permitting any exempted company to apply to the Registrar of Companies to be registered as an exempted segregated portfolio company (“SPC”). Once registered, exempted companies can operate segregated portfolios with the benefit of statutory segregation of assets and liabilities between portfolios. The […]
Benefits of Forming Wyoming LLC
Wyoming is the first state in the USA that recognized the limited liability company as a permitted entity form in 1977. And since then, this company type has become one of the best ones for many businessmen around the state and country due to the multiple Wyoming LLC benefits. Wyoming has kept updating the laws […]
Nevis Changes in Offshore Tax Regimes and Economic Substance Requirements
Nevis is updating its legislative and regulatory framework commitments to the European Union Code of Conduct Group (EUCoCG) under its Tax Governance Initiative and at the same time to the OECD Base Erosion and Profit Shifting (BEPS) Inclusive Framework. The parliament recently passed the Nevis Business Corporation (Amendment) Ordinance, 2018, and the Nevis Limited Liability […]
Saint Vincent and the Grenadines Changes in Offshore Tax Regimes and Economic Substance Requirements
Saint Vincent and the Grenadines has amended its International Business Company Act and the International Trust Act to comply with the requests of the EU and the OECD. International Business Companies have changed their name to Business Companies (BCs) and are no longer ring-fenced, meaning both residents and non-residents will be able to operate with […]
Thinking of Registering a Family Trust. Think Cyprus?
Trusts are useful tools for estate and succession planning. Families use trusts to preserve and manage their wealth. Across a huge number of jurisdictions, trusts have a wide number of benefits for individuals who seeking complete confidentiality; asset protection; or low cost of establishment and administration; amongst other benefits. The world over, one of the […]
The Art of Global Business; the Case of Bermuda Corporate Service Providers
With increasing demand from regulators and investors for the highest standards of corporate governance and stringent compliance with a growing list of complex regulations, more and more companies are turning to professional corporate service providers (CSPs) for expert help. In the recent past, there has been a rise in the regulatory responsibilities and requirements required […]
SRI: The Emerging Focus for Long-term Investing in Malaysia
After reaching record highs in January of this year, the emerging markets in Southeast Asia have witnessed a tremendous sell off amid fears of a looming trade war and a rising US interest rate environment. These factors have forced markets in the region to become highly volatile. How can investors help stabilize their strategy in […]
Offshore Wealth Hubs – Asian Countries the World’s Future
Singapore and Hong Kong could ride a boom in offshore wealth management services to become the world’s largest wealth hubs during the coming years. Global asset managers are likely to channel greater resources to the region to achieve scale, while local managers are likely to draw on the scope of their domestic businesses to woo […]
Why the SEC has suspended trading in Crypto ETFs
On Sunday, Sept. 9, the Securities And Exchange Commission (SEC) temporarily suspended trading in the U.S. shares of two investment vehicles that track cryptocurrencies, due to concerns of “confusion amongst market participants,” according to an SEC statement. The two products affected by the halt are the Bitcoin Tracker One (CXBTF) and the Ether Tracker One (CETHF), […]
Global Financial Crisis – Where the Next One Might Come From
Ten years on from the collapse of Lehman Brothers and the deepening of the global financial crisis, the world seems to be a safer place. Over the past decade there have been significant shifts in the world economy to the extent that the imbalances that could lead to a global financial crisis are less. The […]