10/11/2023
The Central Bank, in its 2022 annual report, revealed: “As at December 31, 2022, the Bank maintained custody of 41,878 dormant facilities with balances totalling $89m denominated in six currencies."
10/11/2023
The Bill makes no material changes to the requirement for in-scope entities
10/09/2023
All of CIMA’s rules and statements of guidance relevant to regulated Cayman Islands funds can be viewed on CIMA’s website.
10/09/2023
Regulated entities refers to all entities regulated by CIMA under the 'regulatory acts' as defined within the Monetary Authority Act (As Revised), and includes mutual funds and private funds.
10/09/2023
Failure to comply with the notice used to lead to a possible maximum sentence of two years.
10/06/2023
This acquisition adds scale to Ocorian’s existing business in Asia creating a combined business with the ability to serve a broader range of clients’ requirements.
10/03/2023
Where a person with a protected ground is employed to do work that is equal to that of a comparator
10/03/2023
Flores was among a panel of experts discussing the social element of ESG
10/03/2023
The Bill demonstrates the Cayman Islands’ continuous efforts in adopting the changing international standards for anti-money laundering and countering terrorist financing.
10/02/2023
He identified the Blue Economy, a digital Caribbean, green energy transition, an agri-revolution and intensifying regional integration as the pillars on which his model is anchored.
10/02/2023
According to Stubbs, the complexity associated with these new rules and requirements has caused many Latin Americans to turn to the USA as the preferred jurisdiction for trust and estate planning.
09/29/2023
In 2018, the States of Guernsey unanimously agreed to extend this to the development of proposals for a piece of legislation to cover multiple grounds of protection.
09/29/2023
The BMA said the pillars are designed to support companies in considering, integrating and reporting on climate risks and opportunities.
09/29/2023
CIMA’s Rules impose binding obligations on regulated fund entities and violations may result in administrative fines or regulatory actions.
09/28/2023
The Guernsey Financial Services Commission are due to start reaching out this week to the sixty licensees whose names will be put forward to MONEYVAL for visits in April 2024.
09/28/2023
Workshop brings together various experts
09/28/2023
It is envisaged that up to 60 households will benefit from this scheme.
09/28/2023
BCCL will be rebranded as Nascent Advisory Services Ltd.
09/28/2023
This measure helps businesses secure extra staff and facilitates the best use of workers already in the Island.
09/27/2023
Insurers should also review their reinsurance arrangements and strategy against the revised Rule and Statement of Guidance on Reinsurance Arrangements, which comes into effect in May 2024.