Managers of Wealth Offshore

Overview of the Cayman Islands’ economic substance requirements

The Cayman Islands economic substance regime requires a “relevant entity” conducting “relevant activity” to file notifications

GFSC in surprise policy shift to ‘go for growth’

The island’s financial services regulator has signalled a surprise shift to pursue a ‘go for growth’ policy for the local industry.

DITC activates portal functionality for country-by-country reporting

Under the regulations, an ultimate parent entity resident in the Cayman Islands must file a CbC report

Ariel Re wins Lloyd’s approval for new Syndicate 2006

With a commitment to underwriting excellence and advanced technical capabilities, Ariel Re is confident that Syndicate 2006 will deliver meaningful capital solutions for clients

BREA president warns of real estate scammers online

Sweeting explained that licensed agents would never ask to be paid to show a property.

Santander closes Cayman resident’s UK bank accounts

Santander’s view of Cayman is surprising given that that the group has entities registered in the jurisdiction.

Option agreements and RZLT: top priorities for landowners and developers in Ireland

In most option agreements, the purchase price for land is fixed from the date of execution

Regulations Now Published On CARF And CRS

Changes ensure that indirect investments in crypto-assets through derivatives and investment vehicles are now covered by the CRS.

Bermuda Insurance Litigation Guide 2025 (Chambers)

If Bermuda law applies to the interpretation of the arbitration agreement, a Bermuda arbitration will generally be confidential.

New set of biodiversity goals outlined for Bermuda and OTs

The paper presents a “single joint ambition of the UK Government and governments and administrations of the OTs to conserve, protect, and restore biodiversity”.

Watch: Abela's first comments on Galdes controversies

Marlene Mizzi's Malita comments not gospel - 2021 prices need to be considered in minister's Gozo apartment purchase

Jersey FinReg Update - Q4 2025

No immediate action is required

What Receivers should know about their regulatory obligations under BVI law

Any person falling within any of the foregoing categories who accepts an appointment to act commits an offence under BVI law.

Cayman implements crypto reporting framework

A separate set of amendments updates the CRS regime to include additional digital financial instruments.

Understanding Bermuda's proposed Payment Services Act: Licensing framework and next steps

With respect to custody activities, the Authority clarifies the custody permitted under the Digital Facility Provider (DFP) category will be limited to the custody of the DFP's own stablecoins

Amendments to the Common Reporting Standard: Summary of key changes

This agreement was implemented in the Cayman Islands in 2015 in the form of the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) Regulations

Government publishes regulations for crypto reporting

The Cayman Islands will complete its first exchanges with partner jurisdictions in 2027, the ministry said.

Removal of a protector – Royal Court of Guernsey confirms power to remove fiduciaries

This case is significant because it confirms that Guernsey courts will act to remove fiduciaries, including protectors, when their involvement impedes the proper execution of a trust.

Understanding Bermuda's proposed Payment Services Act: Licensing framework and next steps

The BMA intends to establish Class R as a separate licence class, to facilitate cross-border operations where home-state standards are equivalent.

Jersey Chamber welcomes updated business licensing guidance to ease recruitment pressures

The new guidance is clearer and more transparent than before, helping employers understand the permissions available and how to apply for them.

Regulation, Risk & Compliance