06/19/2020

Insolvency Rules Committee launched

The changes proposed to Guernsey's insolvency law are substantive and will see the jurisdiction align with the UK and other offshore centres.

06/19/2020

Insurers show resilience in BMA-PRA stress tests

Each scenario envisaged an asset shock in which the risk free interest rate fell by 100 bps, with a widening of corporate bond spreads according to credit rating of 150bps for AAA rated assets down to 400bps for BB rated and lower or unrated paper.

06/18/2020

Jersey's proposed Mandatory Disclosure Rules

An arrangement circumvents the CRS where it avoids the reporting of CRS information to all jurisdictions of tax residence of the taxpayers in a way that undermines the policy intent of the CRS.

06/17/2020

Deadlines to register Cayman Islands investment funds approaching

Managing Partner, Kendra Foster and Vice President – Fiduciary Services, Todd Hazlewood outline the key regulatory requirements and next steps for operators of Cayman Islands investment funds ahead of the deadline to register funds with the Cayman I

06/17/2020

£7.4 million claim dismissed

Mr Chick hit back at the GFSC and last year took his grievances with the regulatory body to the Royal Court, claiming it breached his human rights during an investigation it carried out into his conduct when working in financial services.