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The start of a new year is always a time for reflection, especially for individuals who have built significant wealth.

The warmth of the beating sun might be more likely to persuade the multi-national business to give up the cloak of offshore, but the vast appetite of the major economies to consume tax revenues makes it look like political suicide for anyone to suggest it.

International credit ratings agency Moody’s maintained a stable ‘Aa3’ credit rating for the Isle of Man, the same rating as the UK, supported by its high wealth levels, strong institutions, prudent fiscal policies, very low direct debt and substantial reserves.

Exempt Funds are an often-overlooked vehicle that could provide a client with a cost effective, tailored solution for meeting their long-term financial objectives.

The area of crypto-asset law and regulation is a rapidly evolving one. This article outlines recent developments in the Isle of Man.

The doctrine of the three certainties—certainty of intention, subject matter, and objects—is essential for a valid Trust. These ensure clear intent, identifiable Trust property, and definite Beneficiaries. Without them, a Trust may fail, causing legal, tax, and Beneficiary rights issues. Professional Trustees can help ensure compliance and proper Trust constitution.

This series considers the key elements of Offshore Trusts, particularly Isle of Man Trusts. This is the second of three articles, which examines some of the most common types of Offshore Trusts and their uses.

Central Registry Bill 2018: this will provide for the creation of a Central Registry, combining the registry and public records functions of the General Registry with the Companies Registry functions.

Recent enforcement decisions of the Isle of Man Financial Services Authority may be a cause of nervousness to many looking to get their own house in order, while in contrast...

Most jurisdictions have by now felt the effects of the credit crunch to a certain degree and are having to make adjustments to protect themselves and their businesses from its effects.

As wealth transitions between generations, it's crucial that younger family members are equipped with the knowledge and skills to manage...

The Isle of Man Financial Services Commission is responsible for the regulation of the majority of the financial sector, namely: banks, building societies, investment businesses and fiduciary services providers.

"FinTech" is the technology relating to the delivery of financial services, with clients generally being small financial technology companies.

Since Foundations have been written into Manx law, they have been used frequently as part of intermediaries' offshore wealth planning for any number of purposes, but all must conform to the same constitutional principles.

In this series we will examine the key elements of Offshore Trusts, taking a particular interest in Isle of Man Trusts. This is the first of three articles, and one that lays the foundation that we will build upon.

Establishing an effective Offshore Trust that is both operationally sound and achieves the Settlor's objectives is of paramount importance, but can be fraught with pitfalls.

Foundations have been around for many centuries particularly in European civil law jurisdiction. There are currently several hundred thousand foundations in Europe, most being philanthropic