Managers of Wealth Offshore

Mergers and acquisitions: BVI companies

In 2012, the Amendment Act introduced section 240A into the Act in relation to listed companies.

St Kitts And Nevis Citizenship By Investment Programme Stands As One Of The Most Trusted And Successful Programmes

The St Kitts and Nevis Citizenship by Investment Programme stands as the oldest, and one of the most trusted, successful programmes of its kind.

Opportunities and risks for the funds sector in 2022

Investor protection, tax and AML continue to be topical and Guernsey continues to ensure that it adopts relevant global standards while also considering investor requirements and market expectations, hence putting relevant protection around investors&

Further £200,000 paid to ‘mystery Health consultant’

But despite her contract – via her firm ‘Improving Performance Consultancy’ – being one of Government’s most costly at the time, Express uncovered that there was no record of how she had come to be employed.

Unfair dismissal cases most likely to fail, new figures reveal

Last year, the total number of cases submitted to the tribunal – which is an independent judicial body set up to resolve disputes arising out of the island’s employment and discrimination laws – fell by 67 to 144 compared to 2020.

Jersey headquartered corporate admin firm gets licence in Ireland

Highvern understands the market opportunities and appetite to establish structures in Ireland and aims to grow in line with this.

FATF and MONEYVAL visit Malta days after EC golden passports warning

Within the international network against money laundering and terrorist financing

Five chapters authored for Fraud, Asset Tracing & Recovery 2022 (CDR)

The guides include commentary on legislative, regulatory and enforcement developments in what is a fast moving field and an area in which we have significant expertise and experience covering both local and international matters.

Sanctions Guidance – Key Considerations for relevant financial institutions

We’ve also taken this opportunity to flag some key areas for consideration by relevant financial institutions at this time.

Guernsey's secondary pension scheme – new date announced

Clarification has been provided on the auto-enrolment obligations with confirmation that it will be phased in for employers over a 15 month period based on the number of employees in a workplace, commencing, predictably with larger employers.

Searches Conducted On Wealthy Indians Named In Pandora Papers

The Multi-Agency Group has started cracking down on wealthy Indians named in the investigative report

CDB urges integrated risk management for C'bean countries to be able to pursue SDGs

The bank president advised that an effective country risk management approach must recognise the interconnectivity of risks and that the integrated enterprise risk management frameworks used by institutions, including CDB, to address existing and emerging

Cayman freezes US$7.3 billion in Russian assets

These amendments include new financial, trade, and maritime measures, and restrict specified financial services with the Russian Central Bank and other Russian Federation agencies.

Cyan Regulatory Services and Altair Partners Merge to Create Market-Leading Governance and Compliance Services Business

Both Cyan Regulatory Services and Altair Partners are independent and not affiliated to an administrator, law firm or other service provider.

The Bahamas Takes A Step Closer to Compliance with all 40 FATF Recommendations

The Proceeds Of Crime Act, 2018 and The Register of Beneficial Ownership Act 2018. These amendments considerably strengthen mechanisms for enforcement.

Optimism rises for June end to Malta greylisting

Assessors need to be convinced that Malta will not let standards slide

Digicel plans to liquidate Panama business after rivals' merger approved

These initiatives included appointing an investment bank to market the business to financial and strategic parties, extensive engagement with authorities about the planned merger and proposals to migrate customers to another operator which were not taken

Regulation, Risk & Compliance