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Malaysia-based offshore services company Hans Advisory & Trust guides individual investors and companies to make judicious investments in offshore funds and offshore trusts.

Labuan, Malaysia (PRWEB) January 13, 2012

Now any individual or company can get assistance from Hans Advisory & Trust to invest in offshore funds. One can contact this Malaysian company anytime for advice and assistance regarding offshore investments. Companies and individual investors who want to keep their investments safe will find that investing in offshore funds has a number of benefits.

So if anyone who want to invest on mutual funds in Labuan, one can check out the website of Hans Advisory & Trust for detailed guidelines. For investment in mutual funds through Hans, it is needed to send them an application. A trustee, an administrator, a fund manager, and a custodian approved by The Authority must be appointed by all public funds.

There are some limitations on borrowing and investing on public funds that are authorized in Labuan. Recognized jurisdictions schemes do not follow such provisions. For instance, a fund cannot borrow more that 25% of its total asset value. It must go through the website of Hans Advisory & Trust for details of these restrictions on investment.

Hans can also can assist to get the ship registered at the Malaysia International Ship Registry (MISR). This body is responsible for registering and keeping track of international ships. Foreign and individual shipping companies can register ships in Malaysia directly at MISR. They don't need to meet the requirements of Malaysian shareholders. As a foreigner, it is allow to hold 100% equity.

For more information on ship registry and offshore fund in Malaysia, visit www.hansworldwide.com.

If anyone need any kind of assistance for ship registry or investment in offshore funds and offshore trusts, then kindly contact Hands Advisory & Trust for professional guidance. This Malaysia based company provides offshore banking services and helps investors to make the right choices and keep their investments safe.

About Hans Advisory & Trust Co. Ltd

Licensed under the Labuan Trust Companies Act of 1990, Hans Advisory & Trust Co Ltd provides offshore investment services, which include setting up of offshore trusts and helping to invest in offshore funds. With a corporate membership of Institut Bank-Bank Malaysia (IBBM), Hans is a licensed provider of escrow services.

Contact

Company Name: Hans Advisory & Trust Co Ltd
Telephone Number: 603 5637 7745
Fax: 603 5637 8845
Email Address: voon(at)hansworldwide(dot)com
Web site address: www.hansworldwide.com

Taiwan imports 99 percent of its energy, which is vital to its rapidly industrializing economy.

The island nation's electricity demand was recently growing at almost 5 percent per year, but this is slowing to about 3.3 percent per annum to 2013. Nuclear power has been a significant part of the electricity supply for two decades and now provides 17 percent of the country's overall energy needs.

But this has come at a potential cost. The country's three nuclear power plants (NPPs) comprise four General Electric boiling water reactors and two Westinghouse pressurized water reactors.

Taiwan launched its nuclear power project in 1972 with the construction of a General Electric boiling water reactor (BWR) at the Chinshan 1 Nuclear Plant in northern Taiwan. By 1985 Taiwan had a total of six reactors online at the Chinshan, Kuosheng and Maanshan NPPs, which provided nearly 20 percent of the island's power that fueled Taiwan's economic take off. The NPPs are operated by the Taiwan Power Co. (Taipower) utility under the Ministry of Economic Affairs.

In the wake of the 11 March Fukushima nuclear catastrophe in Japan, Professor Chan Chang-chuan of National Taiwan University's College of Public Health noted that Taiwan's three existing nuclear plants and a fourth, the one now under construction, are located in earthquake-prone regions near the sea, which originally facilitated the transportation of nuclear fuel and construction materials but leaveS the sites facing the double hazards of earthquakes and tsunamis. Chan said, "Such locations expose our reactors to a double risk."

All six of Taiwan's existing reactors are built near major fault lines, and two more reactors are under construction at the advanced boiling water reactor (ABWR) Longmen NPP in New Taipei City's Gongliao District. On 31 October Taiwan's Minister of Economic Affairs Shih Yen-shiang said that the Longmen facility is expected to enter commercial operation no later than 2017.

Now the issue of the country's NPPs has entered the arena of the country's upcoming presidential elections, scheduled for 2012. All three of Taiwan's presidential candidates agree that the life of the country's three operational nuclear power plants should not be extended, but are divided on whether construction of the Longmen NPP should continue.

Capturing the high ground, on 3 November Taiwanese President Ma Ying-jeou unveiled the government's new nuclear energy policy, promising to gradually move the country towards a nuclear-free future, announcing that the scheduled 40-year service life of the Chinshan, Kuosheng and Maanshan nuclear plants would not be extended, while the New Taipei City Longmen NPP would only begin commercial operations when all necessary safety requirements were met. Ma said, "This new energy policy is crafted in a proactive, practical and responsible manner in keeping with the principles of no power rationing, maintenance of stable electricity prices and continued reduction of carbon dioxide emissions to meet international goals."

Going Ma one better, on 15 December Opposition Democratic Progressive Party (DPP) Chairwoman candidate Tsai Ing-wen declared that if she wins next year she will close all three of Taiwan's existing nuclear power plants and mothball the Longmen NPP, seeking to end Taiwan's nuclear energy program by 2025 and candidate number three, James Soong of the People First Party, favors not extending the service life of the three existing NPPs but favors a 'wait and see' approach on the Longmen NPP. The Chinshan NPP license expires in 2018-2019, Kuosheng in 2021-2023 and Maanshan in 2024-2025.

The policy represents a significant turnaround in Taiwan's commitment to nuclear power, as in May 2009 Taipower was examining the prospects for six more reactors, starting with the Longmen NPP.

Therefore, the only remaining question is whether the South China Sea's notorious weather patterns will remain benign over the next 14 years. If not, according to Wang To-far, economics professor at National Taipei University, "if a level-seven nuclear crisis were to happen in Taiwan, it would destroy the nation."

Fingers crossed.

Source: http://oilprice.com

By. John C.K. Daly of Oilprice.com

China's omnivorous energy requirements have been attracting increasing attention as of late, as Beijing attempts to secure any and all sources of power for its growing industrial base.

Nowhere is this more noticeable than Beijing's policies in the South China Sea, where Chinese assertions of sovereignty are unsettling the Philippines, Taiwan, Vietnam, Malaysia, Indonesia and Brunei, all of whom have counter claims on the various shoals and islets.

China's landward neighbors are also feeling the hot breath of Beijing's mandarins, however, most notably its economic rival India, with whom China fought a brief war in 1962 in the Himalayas over a disputed frontier, where the alpine conflict, according to China's official military history, achieved China's policy objectives of securing borders in its western sector in retaining Chinese control of the Aksai Chin with India accepting the de facto borders which codified along the Line of Actual Control.

Now China and India are engaged yet again in a spat, this time over the headwaters of the Brahmaputra River. According to New Delhi China is planning up to 24 hydroelectric facilities with a cumulative power generation capacity of nearly 2,000 megawatts along Brahmaputra's source, the Arun River, before it descends into India.

Further east, Vietnam, Cambodia, Thailand and Laos are alarmed by China's intentions to build three massive dams on the upper reaches of the Mekong River, adding to six existing hydroelectric facilities. What is singularly lacking in all these plans is any regional or concerted international effort to counter China's plans.

India's concerns are heightened by the fact that most of its major rivers originate in Tibet, which China invaded and annexed in 1950, declaring it an integral part of "Western China." Both the Brahmaputra and Indus rivers have their origins in a lake in western Tibet near Mount Kailash.

Complicating India's efforts to discuss the issue is China's reluctance to acknowledge the validity of satellite imagery, which Beijing regards as espionage, even though in 2010 China acknowledged as a result of India's space observation that it was in fact building the Zangmu dam on the Brahmaputra, as the imagery received from Indian satellites confirmed the construction.

Indian strategic affairs expert Brahma Chellaney observed, "China has always been unapologetic about its refusal to enter into water sharing agreements with any states. It has always maintained that it would take into account interests of the lower riparian states but about half of the world's total number of large dams are in China. India, with so many of its major rivers originating in Tibet, is going to be among the worst affected. The issue is usually soft pedaled by the water resources ministry, and there is never any international pressure on this though the list of countries suffering because of China's refusal is quite long including Russia, Kazakhstan, Burma, Thailand, Vietnam, Cambodia and Laos."

Chellaney's list of aggrieved states along China's landward frontiers is extensive - what remains to be seen is whether the region's two substantive powers, Russia and India, are willing to confront Beijing, either singly or in concert, over Beijing's efforts to harness Asia's river flow to power its industrial miracle. So far, the signs are not encouraging, as Chinese economic "soft power" seduces Russia and India as covertly as it does America's economy.

Source: http://oilprice.com/

By. Dr. John C.K. Daly for OilPrice.com. For more information on oil prices and other commodity related topics please visit www.oilprice.com

An increasingly fractious maritime confrontation is developing in the South China Sea, with enormous implications for international companies interested in developing East Asia's offshore hydrocarbon resources. Far from the radars of city of London and Wall Street investors, the clash has seen Vietnam emerge as spear carrier for its fellow ASEAN members on the dispute.

Offshore drilling is the most capital-intensive form of exploiting hydrocarbons, but its expense and scarcity has also allowed technically advanced Western companies to drive hard bargains with third world countries over their offshore waters, as they don't have indigenous advanced technical resources nor finances to exploit their maritime wealth.

Accordingly, most countries attempt to procure the best bilateral deals with foreign companies to get a taste of the offshore revenues that come from exploiting their Exclusive Economic Zones (EEZs), which the 1982 United Nations Convention on the Law of the Sea (UNLOS) recognized 12 nautical miles as normal for territorial seas and waters and provided international recognition of 200 mile EEZs. On the vexed question of overlapping claims, When an overlap occurs, UNLOS deferred to the competing states to negotiate to delineate their final and actual maritime boundary, with the general principle that any point within an overlapping area defaults to the nearest state.

According to U.S. government statistics, Vietnam's oil and gas industry is currently the country's biggest foreign currency earner and a major procurer of imported technology. Since Vietnam's first oil export shipment in April 1987, crude oil has earned over $17 billion for Vietnam's economy, all of it from offshore production. Vietnam is currently Asian third largest oil producer behind Indonesia and Malaysia.

Over the past few years China has asserted its sovereign maritime claims and takeovers even as Beijing has settled most of its disputes over its land frontiers with post-Soviet Central Asian states since the early 1990s. China's expansive sovereignty claims on of South China Sea, including the Spratly (Nansha) and Paracel (Xisha) islets, putting Beijing directly in conflict with the sovereignty claims and security of five Southeast Asian states - Vietnam, the Philippines, Malaysia, Brunei and Indonesia, not to mention China's irredentist claims on Taiwan. All, except Taiwan, are members of the Association of Southeast Asian Nations or ASEAN.

Vietnam has now emerged as the plucky David challenging Beijing's Goliath. The confrontation began on 26 May when three Chinese patrol boats halted a seismic survey in Spratly waters claimed by Vietnam as part of its EEZ, 80 miles from Vietnam's coast and 375 miles south of China's Hainan Island. Following other incidents, on 13 June Vietnam's navy held live-firing exercises in an area 25 miles off central Quang Nam province after warning other vessels to steer clear.

While China has the stronger navy, both sides can currently deploy only light maritime forces, and for the moment, regional rhetoric exceeds firepower.

Besides the cover support of its ASEAN partners, China is in a dialectical trap of its own making. Asserting its unilateral sovereignty will weaken ASEAN dominated by China as a political organization and potentially drive a number of its members to closer relations with the U.S., the only significant non-Asian power in the western Pacific.

Beyond the regional posturing, the issue seems tailor-made for international arbitration. UNCLOS provides for bilateral discussions, but given the diversity of claims, ASEAN would seem to be a better forum.

In the meantime, the South China Sea hardly seems to best potential zone for foreign energy investment companies.

Source: http://oilprice.com/Energy/Energy-General/David-and-Goliath-Vietnam-Confronts-China-Over-South-China-Sea-Energy-Riches.html

By. Dr. John C.K. Daly for OilPrice.com. For more information on oil prices and other commodity related topics please visit www.oilprice.com

The world's unceasing quest for new oil deposits has combined with offshore technology to impel many countries to investigate their offshore resources in their "exclusive economic zone," (EEZ) defined by the 1982 United Nations Convention on the Law of the Sea Part V, Article 55 as extending 200 nautical miles from a nation's coastline.

Difficulties arise in congested maritime areas where overlapping claims create friction, and one of the most contested areas in the world today are the waters surrounding the Spratly islands of the South China Sea.

The Spratly islands consist of more than 750 islands, islets, atolls and cays and their EEZ real estate is variously claimed by China, the Philippines, Taiwan, Vietnam, Malaysia and Brunei. While there are no native islanders, about 45 islands of the archipelago are now occupied by Vietnamese, Chinese, Taiwanese, Malaysian and Filipino forces, all determined to assert their nations' claims of sovereignty. Given the potential resources, the possibility of confrontation is significant and is already occurring.

On Wednesday the Philippines said it had formally protested to China about its intentions to situate an oil rig in the disputed waters of the South China Sea. China's charge d'affaires in Manila was summoned to the foreign ministry where it "requested clarification from the Chinese embassy on the recent sightings of a China Marine Surveillance vessel and other People's Liberation Army Navy ships." Filipino officials queried the Chinese diplomat about Beijing's apparent intention to install in July its most advanced offshore oil rig in the South China Sea near the Amy Douglas Bank, which is "well within the Philippines' 200 nautical miles Exclusive Economic Zone." The rig's intended site is about 26 nautical miles from Flat Island, one of the outcrops in the Spratlys archipelago occupied by the Philippines, and 125 nautical miles from the Philippine island of Palawan.

The issue is a complex skein of international law, as China claims all of both the Spratly and the Paracel Islands in the South China Sea as well as their adjacent waters but the Philippines maintains that any construction in the area violates a 2002 agreement signed by China and the 10 Association of Southeast Asian Nations (ASEAN) member states.

Moving on the diplomatic front beyond bilateral relations, in March the Philippines filed a formal protest at the United Nations over China's claims to the Spratly islands and adjacent South China Sea waters.

The Spratly dispute has enormous implications for the global quest for offshore hydrocarbons. China's immense economic and military power make it the dominant power in the dispute, but it is worth remembering that China and Vietnam fought a brief but bloody border war in 1979. It is in the world's interest to support a diplomatic solution to the problem, which, if successful, could provide a template for other disputed maritime disputes, most notably an equitable division of the Caspian's offshore waters, an issue unresolved since the 1991 collapse of the USSR, which saw the diplomatic arrangements between the Soviet Union and Iran replaced by conflicting claims between Iran and the USSR successor state of the Russian Federation, Azerbaijan, Kazakhstan and Turkmenistan.

Source: http://oilprice.com

By. Dr. John C.K. Daly for OilPrice.com. For more information on oil prices and other commodity related topics please visit www.oilprice.com

The ongoing tragedy of Japan's Daichi Fukshima nuclear complex will prove to be a boon for renewable energy in Japan, and astute investors should begin carefully to follow Tokyo's new priorities.

Before the March 11 twin disasters of a massive earthquake followed by a devastating tsunami, about 30 percent of Japan's electricity was generated by nuclear power, and Tokyo had ambitious plans to raise its market share to 50 percent over the next two decades, with renewable accounting for 20 percent, Japanese Prime Minister Naoto Kan told journalists earlier this month.

That optimistic policy is now in tatters, and Kan added, "However (following Fukushima), we now have to go back to the drawing board and conduct a fundamental review of the nation's basic energy policy."

Kan is now touting the government's "Sunrise Project," which has been moribund for the last seven years. The goal of the Sunrise Project is to reduce the cost of solar power over the decade to a third of current levels and to one-sixth by 2030 as an incentive for more people to install it.

At the 50th anniversary of the Organization for Economic Cooperation and Development in Paris Kan told reporters, "Japan will now review its basic energy plan from scratch and is set to address new challenges."

The scale of the government's turn away from nuclear and fossil fuel power is extraordinary, as currently renewable energy resources, such as solar and wind, only make up about 1 percent of Japan's total power supply. Even with hydropower, the ratio is about only 9 percent.

According to China Business the earthquake and tsunami halted production at most of Japan's giant solar power companies, including Kyocera, Sharp and Sanyo because of the subsequent lack of electricity. Prior to the earthquake China and Japan essentially shared the European photovoltaic (PV) market; since the earthquake analysts predict that Japan will lose one quarter of its market share.

The shift has already started, as The Nikkei business daily reported on Wednesday that Softbank Corp, Japan's third-largest mobile phone operator, has announced plans to assist in the construction of about ten 20-megawatt facilities, costing about 8 billion yen ($100 million) each. But, as in many Western countries dominated by the nuclear and oil industries, solar energy policies have up to now enjoyed fitful support in Japan, where pioneers such as Sharp Corp and Kyocera Corp have lost their lead to overseas rivals that received larger subsidies and lower production costs. Furthermore, the cost of solar panel installation in Japan is double that in Germany.

So, who will be one of the major beneficiaries of this policy shift towards reducing solar costs?

China, surprise surprise.

China now has over 400 PV companies and now produces approximately 23 percent of photovoltaic products used worldwide. Three years ago China produced 1,700 megawatts of solar panels, nearly half of the world production of 3,800 MW, of which 99 percent were exported. According to Huang Xinming, head of a research institute at JA Solar, a large Chinese solar power company, JA Solar has just developed a new technology that could cut the cost of producing silicon, an important material in manufacturing solar panels, by 60 percent.

Expect to see a flood of yen into China's PV industries; smart Western investors will head east as well, where the sun always rises.

By. Dr. John C.K. Daly

Despite the managed media campaign by Tokyo Electric Company, the Japanese government and nuclear industry flacks worldwide, the 11 March 9.0 on the Richter scale earthquake, followed by a tsunami that off-lined TEPCO's six reactor Daiichi Fukushima nuclear power complex represents a global mortal blow to the nuclear power industry, which had been optimistic of a renaissance following worldwide concerns about global warming. While TEPCO's PR spin doctors along with Japanese government flacks will continue to parsimoniously dribble out information about the real situation at the stricken reactors while blandly assuring the Japanese population and the world that all is well even as nuclear lobbyists bleat "it can't happen here," all but the most obtuse are beginning to realize that catastrophes at nuclear power facilities, whether man-made (Chernobyl) or natural (Fukushima) have radioactive pollution consequences of potentially global significance.

It is the long-term consequences of the dispersal of radioactive reactor core fissionable material and, in the case of Fukushima, spent reactor fuel, that no amount of spin doctoring can diminish, and far from being environmental propaganda from eco-terrorists, has been a concern of specialists for decades, but those voices rarely reach the mainstream media, many of which are owned by massive corporations deeply invested in the revival of nuclear power.

It is time that some of those voices move mainstream. Admiral Hyman G. Rickover, known as the "father of the U.S. nuclear navy," sheparded the U.S. Navy into the nuclear age, attracting the best and the brightest (including a future president, Jimmy Carter) around him to advance nuclear propulsion of such a quality engineering level that the Navy has a perfect safety record, a legacy of Rickover's 63 year career. Nonetheless Rickover remained doubtful about nuclear power, delivering "On the hazards of nuclear power. Testimony to Congress" on 28 January 1982. His insights are worth quoting in detail.

"I'll be philosophical. Until about two billion years ago, it was impossible to have any life on earth; that is, there was so much radiation on earth you couldn't have any life - fish or anything. Gradually, about two billion years ago, the amount of radiation on this planet-and probably in the entire system-reduced and made it possible for some form of life to begin... Now when we go back to using nuclear power, we are creating something which nature tried to destroy to make life possible... Every time you produce radiation, you produce something that has a certain half-life, in some cases for billions of years. I think the human race is going to wreck itself, and it is important that we get control of this horrible force and try to eliminate it... I do not believe that nuclear power is worth it if it creates radiation. Then you might ask me why do I have nuclear powered ships. That is a necessary evil. I would sink them all. Have I given you an answer to your question?"

An even darker picture is outlined in Chernobyl: Consequences of the Catastrophe for People and the Environment, a translation of a 2007 Russian publication by Alexei V. Iablokov, Vassili B. Nesterenko, and Alexei V. Nesterenko, based on 5,000 scientific articles out of 30,000 published in Russia between 1986 and 1992 and published in 2009 by the New York Academy of Sciences in their Annals of the New York Academy of Sciences series. The 5,000 scientific articles were not used in 2005 estimate of about 4,000 Chernobyl deaths by the United Nations Scientific Committee on the Effects of Atomic Radiation (UNSCEAR). In stark contrast, the Russian study concluded a 1986-2004 global death toll approaching a million, nearly 170,000 of them in North America.

What is important here is that the immediate deaths among the workers at both Chernobyl and Fukushima are but a fraction of the illnesses and mortality resulting from exposure to radioactive material dispersed by the accidents. The Achilles heel of the nuclear power industry was and remains how to deal with the radioactive waste left over after generating power, a reality that no amount of PR can spin.

Finally, for those with the courage to face the visual evidence of the consequences of future generations of nuclear reactor accidents, one need go no further than Paul Fusco's photographs and 11 videos of the children subsequently born within Chernobyl's radiation zone in Ukraine and Belarus. One can be seen here at YouTube:

http://www.youtube.com/

Is this the future the world truly wants? What part of the evidence above does the nuclear power industry not understand? The answer is simple - money, the trillions already invested over the last five decades in the industry and the potential loss of trillions more if the global nuclear industry is shuttered. As Fukushima continues its slow radioactive bleed-out, one of the few certainties is that we're likely to see many more images like Fusco's in the years to come.

Source: http://oilprice.com/

By. Dr John C.K. Daly for OilPrice.com. For more information on oil prices and other commodity related topics please visit www.oilprice.com

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For 40 years I've written about nuclear power, defended it and believed, as I still do, that it offers the best signpost to a great future; to what Churchill called the "sunlit uplands"; in short, utopia.

I regard electricity as one of mankind's great achievements, saving people from the menial, painful drudgery that marks daily existence without it. Growing up in Africa, I'd see men and women walking miles, many miles, barefoot across the savanna, looking for a few pieces of wood to burn for cooking and hot water.

Electricity, I've believed for these four decades, is assured for thousands of years through nuclear. With advanced breeder reactors and with the energy stored in weapons plutonium, it comes close to perpetual motion: So much energy from so little fuel.

The alternative choice is to burn up the earth, fossil fuel by fossil fuel, until we are searching, like the people of the African savanna, for something that is left to burn.

Wind and solar are defined by their geography and limited by their scattered nature. Their place at the table is assured but not dominant. Industrial societies need large, centralized energy sources.

Yet a nuclear tragedy of almost immeasurable proportions is unfolding in Japan. The sum of all the fears about nuclear is being realized. Hades and Poseidon have joined to cut nuclear down.

Do disasters, like the Japanese nuclear one, really kill technologies? Mostly, obsolescence does that; but their demise can be accelerated by a last huge mishap.

While the Hindenburg disaster at Lakehurst, N.J., in 1937 didn't end lighter-than-air aircraft for passenger travel, it drew the curtains: Fixed-wing airplanes were doing a better job. The Concorde supersonic jet didn't leave the skies because of a fatal accident at Paris-Charles De Gaulle Airport in 2000; but it did make the Concorde's planned retirement immediate.

Conversely, Titanic's sinking in 1912 didn't put an end to ocean liners: They got safer. Throughout the 19th century boilers were constantly blowing up, not the least on the stern-wheelers plying the Mississippi. Boats kept working and the technology -- primarily safety valves -- got better. Bad technologies are replaced by safer ones; and good ones with flaws were improved upon.

That is the history of boats, cars, planes and, yes, resoundingly yes, of nuclear power.

After the Three Mile Island disaster in 1979, a new word, "passive," began to dominate reactor design and construction, but maybe too late for the General Electric Mark1 plants ordered so long ago. Passive, as it sounds, is a design in which cooling pumps are not as important. The idea is to depend more on gravity feeds and convective cooling. These are featured in newer designs, and there has been some back fitting. Things were moving in the right direction, but not fast enough.

The story of the reactors at the Fukushima Daiichi site is a story of success and failure. They were designed 40 years ago to meet what in advanced design is known as a "maximum" credible accident. That was, in that location, an earthquake of a magnitude which had never occurred there. Excluded from this calculation of credible -- i.e. it could happen -- was the tsunami.

That exceeded the imagination of catastrophe to that point in time. Within the credible design envelope, the plants performed flawlessly. They shut down; the emergency cooling pumps started up in fractions of a second; and when they failed, batteries took over. The problem was the tsunami destroyed the diesel generators, and the whole sequence of disaster began.

The opponents of nuclear power -- and they have been pathological in opposition for more than 40 years -- have their footwear on and are ready to dance on the grave of nuclear. They might want to unlace and take a seat: Nuclear power does not have an alternative about to retire it.

Big demand for new energy (ideally carbon-free energy) around the globe, and especially in India and China, can't be satiated without nuclear. Abundance of natural gas in the United States already has reduced the demand for new nuclear to four or five reactors. We'll be okay for a while.

Source: http://oilprice.com/Alternative-Energy/Nuclear-Power/After-40-years-of-Nuclear-Passion-It-Hurts.html

By. Llewellyn King for OilPrice.com. For more information on oil prices and other commodity related topics please visit www.oilprice.com

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The erosion of privacy and confidentiality in the offshore business and financial marketplace has impacted on those legitimately seeking a secure international platform to do business and bank - one of our preferred partners has an offshore company and bank account solution that solves this dilemma.

The confidentiality, privacy and therefore the effectiveness of offshore company structures and bank accounts has been slowly but surely eroded by various EU directives and the general changing of international policy relating to the offshore industry in general.
Internationally speaking, the intension behind the erosion of privacy and confidentiality is alleged to be the prevention of terrorism; and within the EU there has been intense focus placed on the curtailment of unfair tax advantages previously potentially obtainable offshore.

However, the bottom line is that offshore IBCs and bank accounts have become far less beneficial than they once were for all those legitimate individuals and companies seeking genuine international advantage from placing their business and banking offshore.
The good news is that one of our preferred partners is now able to offer a new, confidential offshore company structure and guaranteed offshore bank account package to qualifying and interested parties, and they claim that: "This new structure is designed to give maximum protection and confidentiality to our clients, and offer a form of protection previously unavailable from the offshore industry."

To learn more about the structure and apply, read on - but please do note, this structure does not provide protection for those who would seek to use it for any illegal purpose including money laundering or tax evasion, and Lee Byers does not support, condone or promote such illegal practices.

In the past, many seeking the flexibility of an offshore company structure opted for the likes of a bearer share Seychelles offshore IBC because the very definition of a bearer share company is that there is no public record of the ownership of the company within the jurisdiction in which it is formed. Naturally this affords the company owner a great deal of personal protection - and it affords their business a certain degree of privacy.
However, those with such a company structure invariably required a bank account to enable their company to operate, and it was at the bank that they became particularly vulnerable to the erosion of the privacy of their company. Now, whilst the banks our preferred partner in question deals with offer a number of protective measures to try to ensure client confidentiality is maintained, and to ensure privacy is protected from inquisitive outsiders, there was still some vulnerability until now.

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A new market research report on companiesandmarkets.com

Introduction

With money leaving traditional European offshore centers in the billions, understanding the nature of the rising offshore centers of Asia Pacific is critical. This report explores the offshore clients of Singapore and what strategies are best to attract and retain them making it a critical read, not just for offshore bankers, but also for their onshore competitors.

Features and benefits

Benefit from the findings of the unique Offshore Banks Survey 2010 conducted among banks in six offshore centers, including Singapore. Understand the source of offshore funds held in Singapore. Learn about the key product and service needs of your target customers. Find out who the offshore competitors in the local market and understand strategies of the key competitors through case studies.

Highlights

The key products going forward will be those that allow offshore clients to invest in foreign currencies. The international currency markets have been particularly volatile since the beginning of the credit crunch and global recession, offering opportunity to generate return.

Bankers cited high customer service as a key reason their clients bank with them but few services are deemed to be a big draw for new clients. Only financial planning is seen as being able to attract a significant amount of new offshore business.

Your key questions answered

What is the source of the offshore funds in Singapore?
What products and services will best attract new offshore clients?
Who are the key offshore competitors active in the Singaporean market?

About Us

Companiesandmarkets.com is a leading online business information aggregator with over 500,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com's online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest. Companiesandmarkets.com is focused on providing clients with exemplary customer service and a flexible approach to accessing business information. Our team have extensive expertise in the market research industry and are keen to provide clients advice on their research requirements and possible alternative sources of information; a model which provides clients a value for money solution to research.