Managers of Wealth Offshore

HSBC heist allegations, Standards reports ‘coordinated attack against me’, Abela says

Minister says allegations of having been involved in HSBC heist when he was employee there are coordinated attack against him

JFSC publishes 2020 Annual Report

While the JFSC made a surplus in 2020, mainly due to lower than planned expenditure, it is still working on bolstering its financial reserves to strengthen its organisational resilience.

Navigating Data Protection risk and liability at board level – Support available from JOIC

The sessions are an opportunity to work with the subject matter experts in a safe space to stress-test the data protection practices in your organisation, and identify the risks before they are realised.

Do you really understand Jersey’s work permits?

Work permits are a requirement under the Immigration (Work Permits) (Jersey) Rules 1995 and as such employers are required to apply for a work permit for employees who require immigration permission to enter or remain in Jersey for work.

Luxembourg CSSF Publication of Guidance on Teleworking

In addition, the CSSF points out that remote working arrangements must comply with the provisions of the Luxembourg Labour Code and must not contravene any mandatory public policy provisions.

Supporting the Maltese economy

Complementing the fiscal manoeuvring space, it was also important to have the institutional capacity to deliver the required support measures effectively while protecting the interest of public finances.

The UK is losing the fight on money laundering, but we can still win - if we want

Britain’s white-collar professionals would wince at the thought that they are enablers of global corruption. New research suggests that the UK’s corruption problem is not only structural, but cultural, too

Trends in Sustainable Finance Disclosures

The primary aim of the SFDR is to ensure that investors are equipped to make a reasoned decision in a transparent market with the hope that capital flows will ultimately be rerouted to sustainable investments.

Shifting the focus away from periodic KYC

Financial institutions in Mauritius generally perform a Periodic KYC exercise

Guernsey Financial Services Commission Consults on Proposed Re-Issue of Statutory Instruments

The draft Statutory Instruments replicate the current Statutory Instruments with the incorporation of new terminology and, in some cases, the amalgamation of previous Regulations into Rules.

Seven steps to buying property in the British Virgin Islands

Completion is usually arranged to take place within a specific time after all the conditions in the SPA have been satisfied.

The Channel Islands: Caught in the Brexit crossfire

The Channel Islands were never members of the EU and are thus exempt from the bulk of EU rules

Why SPACs should consider heading for The International Stock Exchange (TISE

SPACs listed on TISE will benefit from more flexibility in its escrow and acquisition approval requirements.

Jersey crown dependency status challenged over 'gunboat diplomacy'

Jersey's government said last night that they expected the protest to be "peaceful" and that the Royal Navy's HMS Severn and HMS Tamar had been sent in by Boris Johnson as a "precautionary" measure.

New BVI Insurance Code of Conduct to Take Effect July 2021

The Insurance Conduct Code introduces a framework to govern the market conduct of domestic insurers, insurance intermediaries, and loss adjusters.

O’Neal Webster Successfully Defends Eastern Caribbean Central Bank in Multi-Million Dollar Claim

Through a conservatorship process, the central bank took control of the distressed parent banks’ affairs in August 2013 and by extension, the subsidiaries, pursuant to management agreements between each parent and subsidiary.

Amati Law launches in Jersey

The firm is led by Managing Partner James Mews, who has spent the past four and a half years as Counsel at Pinel Advocates.

Malta: Cash payments of €10,000 for gold, cars, boats and property no longer possible

The regulations prohibit making and receiving payments amounting to €10,000 or more when purchasing or selling immovable property, antiques, jewellery, cars, boats and works of art.

Liquidate or arbitrate - a balancing act

It is therefore timely to consider the conflict between parties' contractual rights to arbitrate and their statutory rights to present a winding up petition and how a balance can be struck when determining which should prevail.

Snapshot: appealing civil judgments in Guernsey

It also mentions recent developments in appealing judgments of the Guernsey Court of Appeal to the Judicial Committee of the Privy Council.

Regulation, Risk & Compliance