11/20/2025
Jersey Electricity announces spring 2026 tariff rise of 2.5%
This increase reflects a pricing strategy that continues to benchmark well for our community.
Regulation, Risk & Compliance
11/20/2025
Weaknesses found in Cayman VASPs’ custody controls
The authority noted that such gaps increase the risk of mismanagement, operational failures, internal fraud and security breaches.
11/20/2025
New Vesttoo filing targets Aon’s Bermuda managers
For the first time, the trustee is framing the misconduct as violations of Bermuda statutes, including the Insurance Manager Code of Conduct
11/19/2025
FATF Fifth Round Mutual Evaluation – are you ready?
FSPs should review and assess their own policies, procedures, systems and controls ahead of this evaluation.
11/19/2025
Landmark Ruling on Shareholders’ Misrepresentation Claims in Company Liquidations: The Houldsworth Rule Modified for the Cayman Islands
The rule in Houldsworth will therefore apply in the modified form which Segal J explained in Direct Lending in relation to liquidations of Cayman Islands companies
11/19/2025
Cayman banks implement new global wire transfer standard
Customers receiving international wires must also ensure senders have the correct correspondent bank routing details for the currency being sent.
11/19/2025
CIMA finds governance gaps across virtual assets sector
The authority found that more than a quarter of the entities reviewed did not meet minimum board composition requirements.
11/18/2025
FRA introduces annual frozen assets reporting requirement
The requirement is to provide an annual frozen assets report to the governor with details of these assets,” the FRA stated in the notice, adding that first reports are due by 30 November.
11/17/2025
Anglin announces massive fee hikes
The Compass will have a more detailed analysis in the coming week, but we highlight some of the most notable below.
11/17/2025
Cayman’s digital asset businesses prepare for evaluation
In 2024, Cayman amended its VASP Act, aiming to become more compliant with task force regulations
11/17/2025
Jersey’s proposed minimum wage for 2026 announced
Minister for Social Security, Deputy Lyndsay Feltham said: “This proposed increase is another important step in ensuring that employees are paid fairly in Jersey."
11/17/2025
Bermuda Monetary Authority Advances Landmark Embedded Supervision Initiative To Architect Real-Time Regulatory Oversight For DeFi
The BMA’s Innovation Hub continues to serve as a collaborative environment where industry, academia, and technology providers can test emerging solutions under real-world regulatory parameters.
11/17/2025
EU plans for financial markets reform
Europe’s productivity growth, innovation rate and ability to promote new companies are symptoms of its tired economic strategies
11/17/2025
CIMA deploys transition period for new fund de-registration system
Applications submitted on or after 8 November without required documents by that date must be resubmitted using the new forms through REEFS.
11/14/2025
Regulator detects 142 breaches by licensees
The timeliness definitely can be improved.
11/13/2025
Secondary pension minimum contribution increasing
From 2027 the minimum for both will be 2% with further increases planned until 2032, when the employer contribution is set to be 3.5% and 6.5% for the employee.
11/13/2025
Cayman seeks UK approval to join Paris climate treaty
“Joining the Paris Agreement would demonstrate that we are ready to contribute meaningfully to the collective effort for a more sustainable and climate-resilient world.”
11/13/2025
Companies law changes to allow faster capital reductions
Another significant amendment expands migration options for foreign entities.
11/13/2025
Banks streamline services as account opening times improve, Central Bank survey finds
With increasing economic activity and population growth driving demand for banking services, the survey provides critical insights into operational and regulatory factors that affect account opening outcomes
11/12/2025
Guernsey's new housing legislation
This new legislation implements housing standards and regulation for the private residential sector