11/30/2015

Luxembourg ‘blocking’ money market reform

The reforms are being proposed to avoid investor runs in a crisis, but industry figures say the changes would be detrimental to Luxembourg’s money market fund sector.

11/25/2015

Western Union reopens in Cayman

Western Union, which has been closed for four months, reopened through Jamaica-based GraceKennedy Remittance Services Ltd.

11/23/2015

CISE introduces the SPAC as a new product

New rules have been introduced which allow Special Purpose Acquisition Companies (SPACs) to be listed on the Channel Islands Securities Exchange (CISE). A SPAC is a cash shell which is used to raise money for a very specific investment objective.

11/16/2015

Senior Management Changes At JTC Guernsey

Adam who joined JTC in 2015 following the acquisition of Kleinwort Benson’s fund administration business, will have cross-jurisdictiona responsibilities.

11/11/2015

Guernsey retains AA+ credit rating

It is also confirmation that the rating agency considers that Guernsey's prosperity alongside effective and predictable policy setting justifies the highest rating that it is possible for Guernsey to obtain.