If you live in a country with a weak currency, then you would probably see the sense in taking money offshore to store and invest in a major currency. The overriding benefit of this move is that your international buying power won’t be eroded because your currency is devaluing against the likes of the US dollar, pound sterling or euro.

Author: Michael-Pierre Giraud, Head of Fiduciary Services, Jersey

With incapacity issues on the rise, what can trustees do to mitigate against, and manage the impact of, a settlor or other key person's incapacity (and the possibility of undue influence) on existing and new trust structures? This article considers some scenarios that a trustee may face in this context along with guidance provided by case law and offers some practical suggestions.

Jaco Van Jaarsveld TEP, Head of Fiduciary Services, Mauritius, outlines the digital innovation and transformation made in the Asia Pacific region in recent years

The offshore wealth management industry stands at a crossroads, shaped by ongoing regulatory changes, advancements in technology, and the shifting needs of a more global client base. For decades, offshore banking has provided an essential service to individuals and families looking to manage their wealth across borders. Yet, as regulatory frameworks tighten and client expectations evolve, our industry must adapt, finding innovative ways to deliver not only security and efficiency but also exceptional client outcomes.

If you’re reading this article, then you’re probably exploring your options while deciding which offshore bank account to open. Fortunately, your financial options have broadened and become more accessible as the world has become more globalised and inter-connected.