11/17/2021
Cayman Islands will remain in enhanced follow-up on the basis that it had a low or moderate level of effectiveness for 7 or more of the 11 effectiveness outcomes.
11/17/2021
This table provides an up-to-date overview of the ratings that assessed countries obtained for effectiveness and technical compliance (last updated on 16 November 2021).
11/14/2021
These proposed changes will simplify the use our handbooks, making it easier to find the information required for all supervised persons in one place.
11/12/2021
Employers surveyed also revealed that over three-quarters of businesses had "significantly" or "moderately" changed their employment policies as a result of the impact of Covid-19.
11/12/2021
The Commission will therefore undertake a restructuring of the fees within the investment sector so that the types of investment licensees that require greater supervisory attention pay a licence fee based on the size of the firm.
11/11/2021
At all material times the Respondents, Bank of Bermuda (Cayman) Ltd (the Administrator) and HSBC Securities Services (Luxembourg) SA (the Custodian) were service providers to Primeo.
11/11/2021
A breakthrough was achieved in February 2021 in the Council of the EU, as a result of certain countries changing their previous position and agreeing to support the proposal.
11/10/2021
This is welcome news and shows the Government's commitment to the GCCP and is a recognition of the benefits it brings to the jurisdiction.
11/10/2021
Guernsey has traditionally been a favoured domicile for Shariah compliant structures.
11/10/2021
Members’ schemes of arrangement will then only require the approval of 75% in nominal value of the members
11/10/2021
The effect of such a Section 163 filing is to create priority of that security interest over any subsequently registered or unregistered security interest.
11/08/2021
The Carey Olsen chapters provide analysis and commentary on blockchain and cryptocurrency regulation in Bermuda, the Cayman Islands and Jersey.
11/08/2021
Update on the Guernsey proposals for protection from discrimination for individual religious or philosophical beliefs
11/08/2021
There has been a worldwide increase in SIM card fraud – an account take over, where control is transferred from a genuine SIM card to one controlled by criminals.
11/05/2021
Regulators in civil‑law jurisdictions whose laws do not recognise trusts appear to more readily assume that trusts are frequently used for money laundering or terrorist financing.
11/05/2021
The award recognises best practice in good governance in a complex legal and regulatory environment and is awarded to the team that demonstrates excellent collaboration, strong communication, and effective and innovative ways of working.
11/04/2021
Under FATCA, banks and other financial services businesses outside America are compelled to report the income of all US citizens, accidental or otherwise.
11/04/2021
The report focuses on four key areas: business written, industry utilisation, balance sheet composition and profitability indicators.
11/02/2021
The CHF LIBOR is the rate of interest at which large multinational banks access the wholesale, unsecured funding market to fund themselves in Swiss francs.
11/02/2021
The new and amended regulatory laws offer industry more coherent legislation by removing inconsistencies across sectors.