Those who picked up a copy of The Times newspaper this morning will have seen that today’s issue includes the new Raconteur special report on International Financial Centres. And those who had a flick through this supplement will have spotted the article from our very own Craig Brown.
As a whole, the report serves as a welcome re-evaluation of IFCs, revealing them to be highly sophisticated, well regulated and rife with opportunities. It explores how offshore funding is feeding into the UK’s smaller businesses, encouraging impact investing and offering exciting new roles for rising talent.
In Craig’s article, he recognises and challenges the persistently negative public perceptions shrouding “offshore” jurisdictions and seeks to set the record straight, explaining the valuable and indeed vital role that reputable IFCs such as the Crown Dependencies in fact play within the global economy – from driving international investment to strengthening the fight against financial crime.
Craig Brown is Managing Director for First Names Group in the Isle of Man. As well as overseeing the day-to-day running of our Isle of Man business, Craig heads up multiple client service teams with a firm focus on risk management and asset protection structuring.
This article has been issued by First Names Management Limited on behalf of certain companies that form part of First Names Group. The article has been prepared for general circulation to clients and intermediaries, and does not have regard to the particular circumstances or needs of any specific person who may read it. Nothing in this article constitutes legal, accounting, tax or investment advice.
The information contained in this article has been compiled by First Names Management Limited and/or its affiliates from sources believed to be reliable, but no representation or warranty, express or implied is made to its accuracy, completeness or correctness. All opinions and estimates contained in this report are judgements as of the date of publication, and are provided in good faith but without legal responsibility.