Jersey remains top offshore centre and climbs into top ten centres globally for wealth management in latest GFCI

Jersey has climbed two places, retained its position as the highest rated offshore international finance centre and enhanced its global reputation, according to the latest Global Financial Centres Index (GFCI) released on Monday 26th September 2011. Overall, Jersey is placed 21st in the competitive rankings, which are published every six months, ahead of Guernsey in … Read more

Diversify Your Capital to more than One Offshore Jurisdiction

In these unclear times you should consider a few things before moving your capital to just one offshore location. Institutional Diversification: Many savvy investors have offshore accounts in more than one location. Just as you wouldn’t want to have all of you money in one bank, even if you think it is stable (Lehman Brothers) … Read more

Income and Tax Issues for the Expat Employee or Business Owner

Before August 2009, some expatriates used bank accounts in countries that had banking secrecy laws, the most well-known was Switzerland. However, at the end of August of that year, Switzerland signed an information release agreement that crumbled one of the stoutest legs of international banking sovereignty principles upon which many expats relied. Since that benchmark … Read more

Isle of Man at the China Offshore Summit

THE Isle of Man will be promoted as an international business centre at an event in Shanghai in October. Representatives from The ILS Group, Department of Economic Development and Capital International will attend the China Offshore Summit event on October 26 and 27. They will take part in a half day seminar event called The … Read more

Trade Silver Futures Offshore on Hong Kong Mercantile Exchange

The Hong Kong Mercantile Exchange (“HKMEx”), China’s international commodity marketplace, announced Monday the launch of a US-dollar silver futures contract to begin trading on 22 July, 2011, following the successful introduction of its gold futures two months ago. The new contract, launched on the back of surging global demand for silver, will trade in units … Read more

Commodity Update

As of this post September Crude is lower by 1.4% but prices did hold above the 9 day MA. $94.50 in this contract will need to hold on a closing basis for me to maintain my bullishness. Natural gas has appreciated nearly 13% in the last two weeks and at this juncture we are advising … Read more