Managers of Wealth Offshore

Bahamians may join forces to ‘revolutionise’ payments

The Central Bank, in the bidding documents, reaffirmed it is seeking an electronic solution that “enables real time payments” in the Bahamian domestic economy

Guernsey health department may lose £8 million under proposed budget freeze

That would take its budget to £261 million, up from £253 million.

Central Bank issues RFP for Bahamas’ fast payment system

The system will also accommodate both direct and indirect participation from commercial banks, credit unions, and other payment service providers operating within the domestic financial ecosystem.

Guernsey Court of Appeal clarifies directors’ duties and regulatory standards

The Court distinguished integrity from dishonesty

European Works Councils update: implications of the new EU Directive for employers in Ireland

The provisional agreement on European Works Council was adopted by the European Parliament on 9 October 2025 and still needs to be formally adopted by the European Council.

BMA to consult on new framework for parametric insurance

The BMA said a fit-for-purpose framework would support the growth of a strong parametric market

Changes to beneficial ownership regime

Many of the key features of the framework set out by the Act remain to be defined in those regulations and in guidance notes.

Recent changes to charities law in Guernsey

Guernsey’s economic substance regime requires entities deriving income from certain 'relevant activities' to demonstrate that they have sufficient substance.

Central Bank of Ireland Publishes Expectations on SFDR Compliance

The Central Bank noted there are areas that require a marked improvement

Money laundering risk assessment for the banking sector published

The assessment identifies a number of emerging threats, including cyber-enabled crime, fraud, and the misuse of virtual assets

Compliance costs drive corporate service consolidation

Those costs are easier to bear with economies of scale.

Tynwald approve new rate of Minimum Wage for the Isle of Man

This new rate represents a fair and considered step forward, based on a new methodology that is clear, evidence-based and rooted in the real status of the Island’s economy

Advising Architect Bermuda Ltd. on the launch of AX, Bermuda’s first regulated traditional perpetual futures exchange

Natalie commented: 'We are delighted to have assisted Architect and to officially welcome this first-in-class regulated global exchange to Bermuda's thriving digital asset sector.'

Key updates to Bermuda’s Work Permit Policy 2025

For corporate businesses, a work permit holder can only work for multiple employers if the worker is providing the same job functions for affiliated companies.

Positive factors align prior to APS Bank Rights Issue

Rights Issue will primarily be aimed at raising Tier 1 capital, APS Chief Financial Officer Ronald Mizzi explains

Guernsey business fined £100k over major data breach - Key lessons for organisations

This enforcement action serves as a reminder that maintaining the security of personal data is a continuous process.

New employment rights for shared parental leave and parental bereavement leave

This leave may be taken as a single two-week block or two separate one-week blocks within the first year after the child’s death.

The Malta Exchange threat

A pincer move by EU regulators and Germany threatens the existence of Malta’s capital market ecosystem

10.6% of civil servants over former retirement age of 60

Another 152 employees are aged 65 and over, representing 3.1% of the workforce, which is beyond the current retirement age of 65.

Former HSA boss Osbourne Bodden fires back over board pay controversy

The board held 190 meetings and collectively took home almost $500,000 in payments during an 18-month period up to the end of July this year.

Regulation, Risk & Compliance