In an unprecedented move linking trade policy to border security, Donald Trump has announced a new tariff structure explicitly tied to immigration and drug trafficking concerns. The measure imposes a 25% tariff on most imports from Canada and Mexico, while maintaining a 10% rate on Chinese goods and Canadian energy resources.
Cover Story
New Cook Islands Special Report
A Pioneering Financial Hub: Insights from Tony Fe’ao on the Cook Islands’ Financial Services
By Dominic Hale
In this new supplement, Tony Fe’ao, a key figure in the Cook Islands financial sector, discusses the evolution, current offerings, and future directions of the Cook Islands as a premier jurisdiction for wealth management and asset protection. Over the past four decades, the Cook Islands has established itself as a well-regulated and highly regarded financial services hub, continually adapting to meet global best practices and the needs of its international clientele.
Stop the fearmongering:
Five ways Rachel Reeves can champion SMEs ahead of the Autumn Statement
By Douglas Grant, Managing Director at Conister Bank
As signs of economic recovery were beginning to appear this year, it’s crucial to empower small and medium-sized enterprises (SMEs) with the support they need to flourish. SMEs are the backbone of our economy, driving innovation, creating jobs, and stimulating local communities. However, under Labour’s leadership so far, the rhetoric has been fiscal fearmongering as SMEs face the challenge of uncertainty that risks hindering rather than boosting their growth.
Navigating Malta’s Leading Residency Programmes: An Exclusive Interview with Jonathan Cardona, CEO of Residency Malta
Malta offers a range of residency options for non-EU nationals, from families seeking permanent residence to entrepreneurs and digital nomads. In this interview, Jonathan Cardona, CEO of Residency Malta, highlights the unique features of these programmes, the rigorous due diligence process, and Malta’s ongoing appeal in the global residency market.
Navigating Transformation
In this interview with David Power, the accomplished CEO of BNF Bank, we gain insights into his transformative leadership journey. With a distinguished career spanning global financial hubs, David has steered BNF Bank to new heights.
New European Economy: What can you tell us about the achievement of third-country branch authorization in the UK? Why is this such a significant and positive development for BNF Bank and its clients?
David Power: BNF Bank has actively operated in the United Kingdom through its London branch since 2019. In November 2023, we obtained approval to operate a third-country branch authorized by the Prudential Regulation Authority (PRA) within the Bank of England, with the consent of the Financial Conduct Authority (FCA).
ISEG Executive Education Announces Strategic Leadership Program
ISEG Executive Education is excited to announce its collaboration with Columbia Business School to introduce the Strategic Leadership Program (SLP). This program offers an exclusive opportunity for C-level executives and top management professionals to enhance their leadership skills in today’s dynamic business landscape.
Exploring Financial Horizons: Insights from CEO Tony Fe’ao of Cook Islands Finance
Step into the world of Cook Islands Finance with an exclusive interview featuring CEO Tony Fe’ao. Gain insights into the innovative financial products, brand-building endeavours, and strategic partnerships shaping the organization’s dynamic presence in the ever-evolving international financial services landscape. This interview unveils the multifaceted strategies and forward-thinking initiatives propelling Cook Islands Finance on its mission in the global financial arena.
NEE: What is the remit, mandate and role of Cook Islands Finance?
Tony Fe’ao: The Cook Islands Financial Services Development Authority, (FSDA), operating as Cook Islands Finance, is the government agency tasked with the promotion and development of the Cook Islands financial services industry (FSI). Our vision for the FSI is one of an industry that is economically beneficial to the people of the Cook Islands, socially responsible and which enhances our reputation as a relevant, compliant and progressive international financial centre.
Capital Security Bank – New CEO 2024
Capital Security Bank (CSB) is pleased to announce the appointment of Joseph Horn-Smith as its new Chief Executive Officer.
Mr. Horn-Smith has served as CSB’s Chief Operating Officer since February 2021. In this capacity, he has been instrumental in driving operational excellence and strategic initiatives across all business areas, and possesses a wealth of experience and an enviable track record in financial services. His strategic vision, commitment to innovation, and demonstrable ability to lead in a rapidly evolving market position him as the ideal candidate to guide CSB through its next phase of growth.