08/16/2022
Crypto.com receives regulatory approval in Cayman
The Singapore-based company says it has more than 50 million users worldwide and 4,000 employees.
Regulation, Risk & Compliance
08/16/2022
HFL promotes three staff
Mattias Carre becomes an Assistant Manager in the compliance team.
08/16/2022
Relaxed lending rules for domestic credit
Effective immediately, lending institutions may, on a case-by-case basis, approve applications for new personal loans, subject to the total debt service ratio for the facility and any pre-existing obligations not exceeding 50 percent.
08/16/2022
The substratum rule: does it matter?
The Bermuda Court of Appeal’s reasoning in Grand View was accepted and followed by the Royal Court of Jersey in Rysaffe
08/16/2022
Snapshot: Jersey's impounder restrictions in relation to discretionary trusts
In this Snapshot, partner Damian Evans, senior associate Matthew Davies, and trainee solicitor Paola Sequeira consider the arguments for and against.
08/16/2022
Lexology Transfer Pricing Guide 2023: Luxembourg
The chapter provides insights into principal legislation, enforcement authority, role of OECD Transfer Pricing Guidelines
08/16/2022
Lexology's Getting The Deal Through: Data Protection & Privacy 2023 – Ireland
Shane, Conor and Coleen answer commonly asked questions related to data privacy and protection in Ireland
08/15/2022
Jamaica and Cayman Islands to collaborate on tourism
Among the areas being examined for cooperation are multi-destination tourism, airlift, enhancing border protocols, rationalizing airspace as well as resilience building.
08/15/2022
CBI Programme's Fund Option plays a pivotal role in the advancement of St Kitts and Nevis
St Kitts is the more outgoing sister, with a wide selection of restaurants, bars and hotels while the shy and lush Nevis showcases the opulence and beauty that has become this region's calling card.
08/15/2022
Offshore firm links BBC chair to sanction-hit Russian ‘Nickel King’
Richard Sharp used Cayman Island company to invest in crypto firm founded by oligarch, documents reveal
08/15/2022
GFSC announces meetings over new finance rules
Invitations have been extended to a range of businesses, but others who may be affected by the new legislation are invited to attend.
08/15/2022
4C Labs granted medical cannabis licences by UK’s regulatory authority
The licences also enable 4C labs UK to distribute cannabis based medicines to registered UK and Channel Island Pharmacies.
08/15/2022
R&Q investor Phoenix seeks leadership change
This latest move comes after R&Q raised $130 million in new capital, an increase on its initial intention to raise $100 million, citing strong investor demand.
08/15/2022
‘Change laws now or face climate chaos’
Climate change is happening right now and although individual action is useful, what we need now is government action, a change in the rules and in the laws.’
08/12/2022
Deputies receive pay increase for first time in two years
The practice of increasing States Member’s pay in line with inflation was agreed to by the previous assembly and would usually come into effect in May.
08/12/2022
JFSC fines Lloyds Bank Corporate Markets Plc, Jersey Branch (LBCM, Jersey Branch) for regulatory and AML/CFT breaches
The JFSC accordingly places great importance on registered persons identifying correspondent banking relationships
08/12/2022
BMA’s mandate to include conduct of business
The passing of this amendment provides the BMA with the express mandate and powers to provide a new avenue of protection for customers
08/12/2022
Saint Kitts increasingly the program of choice for wealthy investors in citizenship by investment
St. Kitts & Nevis does not impose foreign income, capital gains, wealth, or inheritance tax on its citizens.
08/12/2022
Central Bank Publishes Outsourcing Register - Submission Requirements
The latest advisory from Walkers' Asset Management & Investment Funds Group explains the scope of the rules, reviews the guidance notes, and sets out the key deadlines.
08/12/2022
The Wait is Over - The Jersey LLC is Arriving
Following the registration by the Royal Court of Jersey of the Limited Liability Companies (Jersey) Law 2018 (LLC Law) there has been extensive consultation and preparation to support the establishment of limited liability companies in Jersey.