Managers of Wealth Offshore

Not business as usual at FIAU

Fight against money laundering 'not a sprint but a marathon'

Corporate governance of ILS vehicles – A view from the boardroom

Executive Director, Sherman Taylor serves on the board of a number of ILS vehicles registered in Bermuda.

Govt announces financial legislation to come into effect this summer

“It will require significant staff training, vendor education and awareness, and the establishment of new functions such as a tribunal to handle disputes.”

ABN Amro to settle money laundering probe for $574 million

The investigation into ABN started a year after fellow Dutch bank ING paid a record fine of 775 million euros to settle a similar case.

How does Brexit affect the UK’s Anti-Money Laundering laws?

This whitepaper sets out to uncover the impact of Brexit upon the UK’s AML laws and what these changes mean for regulated businesses in the UK.

Jersey: Return to the Office – Anxiety, Discrimination and Reluctant Employees

Businesses have been provided with specific guidance to make your RTW space as safe as possible.

Getting ready for the 30 April 2021 Cayman Economic Substance filing deadline

The Cayman Entities affected include all legal persons that are registered with the Cayman General Registry i.e. companies of all kinds and limited partnerships.

Jersey-based corporate turnaround consultancy launched

The IFT is the UK’s leading membership organisation for turnaround experts.

Walkers Acts on Kettle Limited's Bermuda Innovative Agent Licence

Walkers was led by Bermuda partners Peter Dunlop and Natalie Neto, supported by Senior Associate Rachel Nightingale.

Company service providers have one month left to register with MFSA

Regulator holds virtual meeting with more than 500 CSPs

STM Group delays results after Court of Appeal case

The delay is due to the ruling in relation to the Adams v Carey case as announced by the Company on 1 April 2021.

AML systems and controls – an ever-increasing area of focus

Mr Steward addressed how seriously the FCA takes this crucial area of regulatory focus and reiterated the requirement for firms to have in place systems and controls that are purposeful and efficient in managing financial crime risk.

Ferbrache & Farrell assist on first limited partnership migration out of Guernsey using new legislation

The application involved both Guernsey legal and regulatory aspects, as well as dealing with US Counsel in order to ensure the migration into Delaware.

Ireland Update – Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021

These obligations are expected to come into further focus as the European Commission designates additional high-risk third countries in response to the FATF expanding its list of monitored jurisdictions.

BMA confirms eight new re/insurance entity registrations in March

The BMA also approved Kettle as an innovative intermediary and BGC Re (Bermuda) as an insurance broker.

Walkers' Guernsey team advises Platinum Compliance on sale to Ocorian

Platinum Compliance's regulatory and compliance services will now be also offered by Ocorian as part of an integrated client service offering.

40% of Tavistock shareholders reject Jersey fund M&A bid

Board does not see any ‘commercial logic to justify a combination of the two businesses’

Financial sector gets breathing room after dividend reprieve

Foreign exchange outflows expected to increase

Financial Sector Reform Program Curaçao and Sint Maarten

The analysis has also revealed the need for legislative and regulatory reforms in the areas of intervention, enforcement, and resolution.

Breaking down your offshore allowance

How much, how often and what to do if you breach the limits?

Regulation, Risk & Compliance