Finance and Credit Professional

An offshore company, otherwise known as non-resident company, is simply a company that does not carry out its business operations in its own country but in another country. Offshore company formation is considered a legal way to safeguard business assets. Since in most cases, offshore jurisdictions have corporate as well as banking secrecy laws, this [...]

Perhaps the first thing that comes into your mind when you think of your retirement life would be a comfortable stroll around a well-manicured lawn with your spouse or playing or enjoying your post-retirement life with your grand children and other dear ones. But this would remain just a dream if you do not plan [...]

It is the tenth anniversary of the Asian financial crisis and we consider, "will it happen again?" First we need to know what happened. The crash itself came fast and furious. But the lead up to it started around 3 years prior and was characterized by a period of exceptional growth and a feeling of [...]

Unlike the US, which has always maintained a more direct stance on China trade relations, the EU, as usual, has relied more on its soft power. Its officials prefer to reason with their Chinese counterparts, in the hope that clear but sensible dialogue would bring them to address the trade topics more willingly. Alas, it [...]

Seychelles, situated in the Indian Ocean, is an independent country which gained independence from the UK in 1976. Over the last ten years or so, the Seychelles offshore financial services industry has experienced a significant increase in business depth, volumes and international profile.A central factor in Seychelles' rise as an international financial centre has been [...]

The Chinese Government started reforming the banking sector significantly in 2005 by letting Shanghai based Bank of Communications ("BCom") list on the Hong Kong Stock Exchange.BCom was a pathfinder in the reform as HSBC, one of the UK's largest financial groups was allowed to become its biggest foreign shareholder holding no more 20% of its [...]