Search

This merger has strategically positioned the Group as a major regional player based in Cyprus with operations spanning in 10 additional countries: United Kingdom, Australia, Ukraine, Russia, Greece, Romania, Serbia, Estonia, Malta and Guernsey. Overall,  it has more than 500 branches, 600 ATMs and 9,000 employees. Cyprus, a member of the European Union, is already a well developed financial centre, acting as the main gateway for international investment flows to many countries in the region. Backed up by the lowest corporate taxation in Europe (10%), the large number of double taxation treaties with more than 45 countries and the abundance...

SPONSORED CONTENT 2020

With the signing of the Memorandum of Understanding between the Malta Financial Services Authority ("MFSA") and the Chinese Securities Regulatory Commission ("CSRC") in 2010, Chinese Qualified Domestic International Investors ("QDII") are able to invest on behalf of Chinese investors into Maltese domiciled funds which are licensed as either Retail UCITS Schemes or Professional Investor Funds. A UCITS fund is the European golden standard and a worldwide recognised brand of excellence for investment funds. TheUCITS regime was established in 1985. UCITS IV, is the most recent update of the EU Directive governing UCITS and which is to be transposed by EU...

SPONSORED CONTENT 2020

By Geraldine Schembri & Rachel Saliba EMCS INTERNATIONAL MALTA (enquiries@emcsinternational.com ) Malta and China, both countries steeped in culture, rich in history and possessing a strong work ethic, have now taken another step to bridge the geographical distance by signing a new double taxation agreement. This step continues to cement Malta enviable position as a stepping stone to Europe and will provide a valuable gate-way for Chinese investors wishing to exploit the European market. Apart from its 7,000 year history, architecture, and beautiful beaches, Malta has growing appeal to the foreigner for various reasons, at the forefront of which is a very...

SPONSORED CONTENT 2020

The Cayman Islands Aircraft Registry is the registry of choice for many owners and management companies with corporate aircraft. The Civil Aviation Authority of the Cayman Islands (CAACI) proudly maintains a reputation of providing a safe, stable and credible flag for registration of an aircraft.  To qualify a plane must meet rigid standards and exact specifications, but this has led to the register being highly respected and recognized throughout the aviation industry internationally. Once an aircraft is accepted into the registry, a registration mark prefixed with VP-C plus two other letters will be assigned. Highly qualified CAACI staff will then...

SPONSORED CONTENT 2020

Salemon S. Weyers Executive Vice President & Counsel  St. George Trust Company Limited When a person wishes to preserve his wealth and protect his assets against the vicissitudes of life, a legally recognized structure divorced from his or her own natural legal standing is essential.  The offshore discretionary common law trust ( rust offers significant advantages to aid in this purpose. Whilst it must be appreciated that this article cannot broach each and every subject on Trusts, equity, law and practicality, nor is it intended to be specific advice, it does have general informative value. Before one delves into complex...

SPONSORED CONTENT 2020

“In 2011 we plan to open offices in Abu Dhabi and Mumbai as part of a strategy designed to engage further with the developing markets.” Besides being the head of Jersey Finance, the promotional body for the island of Jersey’s Financial sector, Geoff Cook is one of the most outspoken defenders of offshore finance. He regularly appears on the BBC world service, in the pages of the Financial Times, or in meetings across Europe to discuss the value that offshore centers bring to nearby economies, by helping speed up the flow of capital, and lowering the transactional risk involved in...

SPONSORED CONTENT 2020

The Cook Islands have developed a unique legal structure that can protect your assets no matter what the circumstance.The Cook Islands, a micro-state with only 240 sq. km of land area, in the midst of 1.8 million sq. km of territorial waters 3000km North East of New Zealand has, like most pacific islands, had difficulties developing a diverse economy. It depended mostly on tourism until the 1980s when the ground was set for the creation of an offshore finance industry, which has since been an area of robust growth. From 1981 a legal framework was put in place giving offshore...

SPONSORED CONTENT 2020

Reuben Tylor, director of the Cook Islands Trust Corporation, on how a transparent legal structure is the best way to protect the privacy of your assets. The Cook Islands have been a well-developed center for international finance since the early 1980s and continues to grow even amid a harsher regulatory climate.   Over the last decade the islands have consciously moved towards a legal and regulatory framework that is approved by the international financial community and by the full range of international committees studying the implications of ffshore finance and how to regulate it. However the new regulations developed with...

SPONSORED CONTENT 2020