CBI schemes offer wealthy individuals freedom of movement while providing vital funds to what are often cash-strapped nations, yet continue to draw criticism
Financial Centres

Private banking centres face up to compliant future
While the City of London comes to terms with the potential impact of Brexit, other centres sense a chance to expand their own financial services industries. But Swiss stalwarts Zurich and Geneva still have much to offer

Isle of Man’s digital dreams
Although financial services remain a key component of the Isle of Man economy, technology is increasingly important to the island's future

A tale of two cities: London and Paris battle for fund supremacy
The French and UK capitals are both running initiatives designed to raise the profiles of their asset management industries with domestic and external audiences

Gulf states experience growing pains as region transforms
The Gulf states and the family run businesses, where much of the region’s wealth is concentrated, are confronting similar challenges as both face up to an era of change

Oil price fluctuations hampering GCC reforms
The oil-rich states of the Gulf Cooperation Council may talk about the need to diversify their economies and open themselves up to foreign investment, but any pick-up in the oil price seems to go hand in hand with reforms being put on the back burner

ESA proposals could harm European fund industry warns Luxembourg fund body
The European Commission’s proposals to strengthen financial supervision are likely to prove costly and are trying to fix a problem that doesn’t exist, according to Alfi

Malta strides ahead despite recent setbacks
PWM travelled to Malta to meet the prime minister, key members of his cabinet and the financial regulator, to discuss the future of the island as a financial centre and to identify the challenges ahead

Cyprus basks in glow of economic recovery but CBI clouds gather on horizon
The eastern Mediterranean island of Cyprus has staged a remarkable economic turnaround, although its citizenship by investment scheme has come in for criticism

CBI schemes can prove passport to stability in an uncertain world
CBI schemes are attracting a huge amount of interest among wealthy families and the institutions serving them, but they are not without controversy
Join PWM's Yuri Bender for the annual announcement of our Global Private Banking Awards, plus a bonus discussion about the industry's future with Mercer's Cara Williams, Aite Group's Alois Pirker and independent wealth consultant Seb Dovey.
PWM Digital Edition (February/March 2021)
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