News Americas, London, England, Monday, March 04, 2024: Gordon Brothers, the global asset experts, is exclusively offering for sale by private treaty the Royal Falcon One superyacht.

Royal Falcon One was built in 2019 and is the world’s only luxury catamaran superyacht created by Studio F.A. Porsche. The vessel is a generous four-deck, 10-berth catamaran benefiting from best-in-class design and artisanry.

The superyacht has a range of 1,200 nautical miles and boasts onboard facilities including five VIP suites, four crew cabins, 10-seat dining table, three bars and a relaxing sundeck featuring a lounge area and jacuzzi. A shallow draft enables the yacht to access and anchor in the most secluded coves.

“Royal Falcon One presents a unique opportunity for the discerning buyer to acquire a one-of-a-kind catamaran under 500 gross tons,” said Oliver Veart, Director, Marine & Valuations at Gordon Brothers. “The vessel is berthed in Genoa, Italy and available for prompt delivery in time for the Mediterranean summer season.”

For further details, please contact Oliver Veart at ov****@go************.com. For vessel specifications, please visit our website.

Gordon Brothers has established a dedicated marine services and valuations practice that leverages decades of experience buying, selling and valuing assets in the commercial and industrial economy across Australia, Brazil, Canada, the U.K., Europe, Japan and the U.S. The firm provides advisory services including fleet and vessel renewal analysis, disposition and investment strategies.

About Gordon Brothers

Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to provide maximum liquidity, put assets to their highest and best use and mitigate liabilities. The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Gordon Brothers lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.

News Americas, NEW YORK, NY, Mon. Feb. 26, 2024: The European Union has updated its list of non-cooperative jurisdictions for tax purposes, removing several Caribbean nations from its so-called Blacklist.

TCI is now off the EU’s blacklist.

The European blacklist, created in 2017 in the wake of scandals such as the Panama Papers and LuxLeaks, is meant to encourage other countries and jurisdictions to “adopt fair tax policies” and “increase tax transparency.”

The EU announced that these three Caribbean countries are now off its “Blacklist.” They are:

1: The Bahamas

2: Belize

3: The Turks and Caicos Islands.

Those still under scrutiny for their tax governance practices are:

1: Anguilla

2: Antigua and Barbuda

3: Trinidad and Tobago

4: US Virgin Islands

The EU encourages these jurisdictions to amend their legal frameworks to address identified tax governance shortcomings. Included in the list are countries that have either not participated in constructive dialogue with the EU regarding tax governance or have not fulfilled their commitments to enact necessary reforms. These reforms are expected to align with the EU’s objective criteria for tax governance, which emphasize tax transparency, fair taxation, and the prevention of tax base erosion and profit shifting.

The list is revised biannually, in February and October, to reflect changes and is overseen by EU finance ministers. Notably, recent assessments by the Organisation for Economic Co-operation and Development (OECD) Forum of Harmful Tax Practices (FHTP) identified issues in the Bahamas and Turks and Caicos Islands related to enforcing economic substance requirements. However, subsequent recommendations were softened, leading to their compliance with standards for jurisdictions with minimal corporate income tax.

Additionally, Belize and Seychelles were previously flagged by the OECD Global Forum for deficiencies in information exchange but have since implemented rule changes that warrant further review. Meanwhile, Botswana and Dominica received positive evaluations for their information exchange practices, leading to their removal from the list.

News Americas, NEW YORK, NY, Fri. Feb. 24, 2024:

News Americas, NEW YORK, NY, Fri. Feb. 24, 2024: An aspirational USD 100 million CARICOM Development Fund (CDF) has been launched in Barbados, with Jamaican-owned company, Sygnus Capital, announced as the fund raiser and manager. So far, the fund has only raised US 15 million of its 100 million goal.

The fund’s aim is to be a finance vehicle focused on climate resilience and economic sustainability. The CARICOM Resilience Fund has been under design and development since January 2023, with support from USAID. The Fund will make investments in resilience-focused small and medium enterprises (SMEs) and critical infrastructure projects through flexible debt and equity investments. It will target six key sectors: renewable energy, clean transport, blue economy, sustainable agriculture, ICT, and financial services. The CDF is helping launch the fundraising as an anchor investor by contributing $15 million and technical assistance to help foster meaningful collaboration with the private sector.

Rodinald Soomer, CEO of the CARICOM Development Fund (CDF), noted that the fund’s aim is “to help operationalise the CARICOM Resilience Fund, I am happy to announce that the CDF has appointed Sygnus Capital as Fund Manager. It was very important for us to appoint a manager from this region, as a fund of this nature must be built around solutions that are sensitive and tailored to the needs of our community, taking into consideration our geography, socio-economic dynamics and cultural and political nuances.”

Sygnus Capital will partner with the Rocky Mountain Institute Island Energy Programme to source and evaluate energy and climate projects in the region.

Berisford Grey, President and CEO of Sygnus Capital noted, “Shaping a more resilient and sustainable future for the Caribbean through strategic investments in critical sectors is at the core of Sygnus’ mission. We are honoured to have been entrusted as the fund manager for the CARICOM Resilience Fund (CRF), a groundbreaking initiative that aligns seamlessly with our commitment to fostering regional development.”

Describing the fund as a vital facility, Barbados Prime Minister Mia Mottley during her keynote address explained, “We will now go to heads of Government and to the broader region to encourage others to invest in this vital facility that is being established to help finance adaptation and mitigation projects in the eastern and southern Caribbean, and hopefully there will be interest in the entire Caribbean. Because if we do not have multiple sources of funding up to scale, we simply will not meet the race to be viable, insurable and liveable.”