Managers of Wealth Offshore

Ministry rejects ‘dirty money’ suggestions made in UK probe

Malta's checks among 'most robust in world'

Regulator clarifies expectations of telecoms operators with 999 Guidance

The purpose of the Guidance is to clarify expectations on telecoms operators that have a licence condition obligation to provide an emergency calls service.

JFSC increases selected fees by 11% from 1st July

The Fund Services Business fees will also be increased by 11.1% however; the proposed change of control fees will not be implemented.

Successful amendment grants flexibility on affordable housing developments

Currently, policy GP11 requires all developments over 20 units of accommodation to provide up to 30% of the land for affordable housing purposes through the Guernsey Housing Association.

Future Of Financial Services Forum In Switzerland Yields Strong Local Insights

Minister Ebanks said valuable insights, from both presenters and during informal discussions, have helped to inform the way forward for the Cayman Islands on several matters related to the digital economy.

Implementation of the EU Directive on Transparent and Predictable Working Conditions

Employers should plan to review their template contracts of employment to ensure consistency with the Directive.

OfReg commissions Value Of Solar Study for the Cayman Islands.

The study will include impacts on the transmission and distribution grid, energy costs, address rate design options, and the economic potential of local distributed solar energy systems.

The Caribbean Development Bank's infra bets in Antigua and Barbuda

Another consultancy contract was awarded this year to Bahamas' Caribbean Civil Group for the US$28mn road rehabilitation program that involves works on the Royal Gardens Road and Herbert’s Main Road.

Realtors to sign memorandum with Bank of Jamaica over data platform

Realtors in Jamaica are engaged in the sale of property, a multi-billion-dollar industry

Harneys advises on the BVI FSC’s second successful admission to the Regulatory Sandbox

Structure.fi is opening the product to a growing number of participants; obtaining real time feedback from users in order to bring a product to market that fulfils their commitment to create a platform that works for the broadest range of potential invest

GFSC inspired by COP26 to keep focus on green

It said its intent was to encourage firms not so advanced in their sustainability thinking to prepare for a future where green considerations and disclosures are likely to become the norm and part of international standards.

Councils warn of ‘disastrous’ cuts and viability threat as inflation costs rise

The Conservative-led Local Government Association called for “adequate” long-term Government funding to protect communities.

IoD: Immediate solutions for recruitment required

Guernsey’s recruitment situation was noted as a detrimental risk to the island’s GDP and must be a focus of the current sitting States of Guernsey deputies.

The need to balance Malta’s growth agenda with Financial Crime Compliance standards

A full-house of delegates including supervisors, senior bankers, professionals, representatives from the financial services sector

Second Citizenships and Golden Passports

Help your clients flee the country—or at least gain citizenship in another—legally, and in compliance with the IRS.

Deadline for the 2022 JPF Annual Compliance Returns has been extended to 31 August

The payment date for the JPF annual fee also remains unchanged at 1 July.

Pensions holiday continues for three more months

These difficulties have been compounded by inflation, and a return to the mandatory monthly payments would have been very difficult for small businesses and low-paid workers.

Competition Authority fines JT for network failure

JT chose not to contest the fine, which was therefore reduced to £45,000, which JT has paid.

Are you transferring data legally?

The updated guidance and resources published by the ODPA has been produced to help local organisations and businesses navigate the very complex legal landscape around data transfers.

Irish Central Bank: insurance platforms must ensure suitability of senior staff

Ireland continues to be among one of the most attractive locations within the EU to establish an insurance or reinsurance intermediary (together, ‘intermediary’) platform.

Regulation, Risk & Compliance