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China’s Millennials: What Does the World’s Largest Investor Migrant Group Want? Part 2

Coca Cola and Goji Berries   On December 16th, 1978, Jimmy Carter and Deng Xiaoping signed the Joint Communique on the Establishment of Diplomatic Relations between the People’ Republic of China and the United States of America, which normalized relations between two countries whose relationship had been anything but normal until then. A few days later, Coca Cola became the first foreign company in more than two decades to be allowed back into China.   Whereas today, an international beverage company might be expected to avoid political affiliation, the Coca Cola companies of the 1950s were one that actively sought to...

China’s Millennials: What Does the World’s Largest Investor Migrant Group Want? Part 1

As we enter 2020, even the youngest of those born in the 1980s are in their thirties. In China, this generation is quickly becoming the main driver of the country’s investment migration market. Millennials, here defined as those born between 1980 and 1996 account for about 23% of the overall population. Due to the rapid economic transformation of the country in the years since they were born, China’s millennials are very different, both from their parents and their children (who are just now being born).   Compared to their parents, millennials want very different things from life, work, and –...

Alternative Investment Funds (AIFs), a Cyprus Success Story

Cyprus, an EU member state, combines tax efficient features of a modern financial centre with the requisite infrastructure for the fund’s industry. It offers the full spectrum of legislative framework to all fund products (UCITS and non UCITS) and provides fund managers to structure as Alternative Investment Fund Managers in line with the relevant EU Directive or a MiFID compliant Investment Firm, both EU passported. Cyprus costs are on the low side, it is efficient and its investor friendly government authorities with minimum bureaucracy. It has a platform of experienced lawyers, accountants, custodians, fund administrators and fund managers. It has...

The Cook Islands “Largely Compliant” in Latest Mutual Evaluation Review

The Cook Islands achieves top rank in technical compliance following an Anti-Money Laundering/Countering the Financing of Terrorism Mutual Evaluation review. The Cook Islands has received one of the highest assessments in the latest Mutual Evaluation report and is one of two members of the Asia Pacific Group on regular follow up reporting. FSC Commissioner, Louise Wittwer, said the review was a significant achievement for a jurisdiction of this size and reflective of the very high level of commitment from the Cook Islands Government and Crown Agencies to ensure their anti-money laundering legislative framework meets international standards. The review culminated in...

An Outstanding Achievement for the Cook Islands

The Cook Islands Anti Money Laundering/Countering the Financing of Terrorism (“AML/CFT”) regime is officially one of the best in the world. The APG is a regional body of the Financial Action Task Force (“FATF”), the independent inter-governmental body that develops and promotes policies to protect the global financial system from money laundering and terrorist financing. The Cook Islands MER was tabled and adopted at the APG’s annual meeting held in Kathmandu, Nepal (21-27 July 2018). The APG has 41 member countries from around the Asia/Pacific region all of which were in attendance at the meeting represented by 520 delegates. The...

Labuan IBFC and Swiss Re Corporate Solutions to Enhance Awareness on Captive Insurance in Malaysia and Asia

Labuan IBFC and Swiss Re Corporate Solutions will be jointly hosting the “Adding Confidence to Captives: Managing Volatility via Self Insurance” conference   The Labuan International Business and Financial Centre (Labuan IBFC) and Swiss Re Corporate Solutions have announced that they will be jointly organising a conference titled “Adding Confidence to Captives: Managing Volatility via Self Insurance” on 7 August in Kuala Lumpur. “We are delighted to partner with Swiss Re Corporate Solutions, one of the world’s leading providers of (re)insurance, and look forward to providing insights on risk management via self-insurance, especially captive insurance,” said Farah Jaafar-Crossby, CEO of Labuan...

AIM Startup 2019 roadshows scouting startupsin MENA

26 December 2018, Dubai, UAE- AIM Startup 2019 is gearing up for its third edition with an aim to link 500startup companies with over 200 global investors. The event, in partnership with the National Program for SMEs and Projects, is an initiative of the UAE Ministry of Economy and will be happening on April 8-10, 2019 at the Dubai World Trade Centre. The event’s much awaited feature is the Annual Pitch Competition where startups can compete with their project and impress investors by securing their nod for project financing. Startup founderswill also have the opportunity to showcase their projects to...