Rajat Gupta a former Goldman Sachs board member has been convicted on insider trading charges by a court in New York. Gupta, 63, who denied illegally leaking boardroom secrets to former hedge fund manager Raj Rajaratnam – co-founder of Galleon
The Isle of Man has is hoping to further stimulate the inflow of investment and business to the island with the i
The Hong Kong Securities and Futures Commission (SFC) has reprimanded and fined Citigroup Global Markets Asia Limited (CGMAL) HKD4 million over regulatory breaches in relation to the operations of its alternative, or dark, liquidity pool. The disciplinary action followed an
The European Parliament yesterday passed propos
With close to 1,500 registered funds, the British Virgin Islands (BVI) is a leading offshore domicile with hedge fund managers from all over the world choosing the jurisdiction to set up and manage their businesses. The popularity of BVI funds is
Discipline is one of the key traits of any successful fund manager – sticking to the core investment strategy and avoiding style drift. And in some respects, the same is true of offshore jurisdictions. Over the years, rather than try
By Dr Andy Sloan – Two years on from the UK’s Brexit referendum vote and with the recent publication of the UK’s White Paper, it is useful to take stock of the potential impact of Brexit on global financial services
By Dominic Wheatley, Guernsey Finance – Guernsey’s funds sector has developed over the past 50 years, since the first funds were formed in the island in the 1960s, and is now recognised as a leading centre of excellence for a
By Ian Montgomery, Partner, Collas Crill – A new generation of offshore incorporations: Succession planning for offshore incorporations, particularly those where companies are controlled by one individual, needs careful consideration. Problems can arise where a significant proportion of shares in a BVI
Ogier, the Channel Islands provider of offshore legal and administration services, and Boxalls, the Cayman Islands law firm, are combining to create the first transatlantic
