Managers of Wealth Offshore

BMA Register Seven New Insurers In July

Hector Insurance Ltd. and West Grove Re, Ltd. were registered effective July 1, followed by Grove Re Ltd. on July 2 and Nephila Capital Ltd. on July 6.

Immigration guide clarifies new work permit rules

The guide says advertising remains encouraged where feasible even when a position falls within one of the exempt categories.

Cayman bill proposes new rules for notaries

Under the bill, Caymanians seeking appointment as attorneys-at-law would need at least five years of professional experience.

Directors duties causation and loss in insolvent trading

The Court of Appeal allowed the appeal in part. It focused on the scope of the duties that had been breached and on the distinction between a factual opportunity to incur a loss and a legal cause of loss.

Target set to raise local share of senior bank jobs to 80 percent

Munawar announced tonight that a decision has been made to establish a "Human Capacity Development Fund" next year

Chamber calls for independent review of Jersey’s minimum wage system

Chamber said it wants the review to examine whether the pace and method of these increases have affected employment, working hours, prices, business investment and the Island’s competitiveness.

Public consultation on planning appeals reform wraps up

Detailed evaluation of the feedback will be carried out in the coming weeks

Guernsey applies for NAIC Qualified Jurisdiction status

The Commission says the skills and capacity of insurers in Guernsey could help US state insurance regulators continue to deliver good outcomes for consumers.

Guernsey applies for Qualified Jurisdiction status

It covers laws and regulations, regulatory practices, reinsurer performance, enforcement of final US judgments and solvent schemes of arrangement.

Shareholder approval sought for share issuance in bank deal

If approved, Butterfield will issue approximately 11.58 million new Butterfield shares to CIBC and a smaller number to CIBC Caribbean and CIBC Bahamas minority shareholders depending on their elections.

Guernsey's Director Registration Regime

There are various exemptions to the licensing requirement

CIBC Caribbean moving British pound transactions to Lloyds Bank

The change means customers who send or receive payments in British pounds will need to use new payment details from that date.

Cryptocurrency exchange seeking SCB regulatory approval

Bahamas Benchmark Group of Companies announced a partnership with Swiss technology firm Ovryde to launch the Bahamas Ovryde Exchange.

BMA proposes AI safeguards

The BMA said its approach was designed for the island’s largely wholesale and institutional market, rather than simply importing rules from other jurisdictions.

The Seychelles Financial Services Authority IBC Restrictions Reminder: Circular No. 5 of 2026 and What It Signals for Seychelles IBCs

For corporate service providers, registered agents, and cross-border advisers, treating this notice as routine administrative circularisation would be a serious miscalculation.

Regulation, Risk & Compliance