From my perspective in offshore services, the evolving regulatory environment is constantly shifting the landscape. What are members' thoughts on the long-term viability of traditional offshore centers versus newer, more crypto-friendly jurisdictions? Any specific concerns or opportunities you're seeing in places like the BVI, Cayman, or even Dubai?
What specific 'evolving regulatory environment' are you most concerned about impacting traditional centers?
I think traditional centers like Cayman will adapt. They've always been agile with regulations. The established infrastructure is a huge advantage.
The 'long-term viability' question really hinges on international cooperation and tax transparency efforts. It's a constant tightrope walk.
BVI is still dominant for many structures due to its simplicity and cost-effectiveness. Hard to replace that overnight, even with new players.
I'm seeing a lot of opportunities in places that offer genuine substance requirements, not just brass plates. That's where the smart money is going.