Managers of Wealth Offshore

NCFC reviewing OfReg’s rejection of CUC solar plans

OfReg has argued that its decision was not a rejection of solar but about fairness and the terms of the licence.

Card issuer IDT Finance secures MFSA authorisation

With this authorisation, the firm can now offer its full suite of card issuance and payment services throughout the EU under a single, respected regulatory framework.

Bahamas external reserves increase by $24.8M in April amid reduced foreign currency activity

These developments coincided with a notable contraction in foreign currency outflows related to current account transactions.

FNM warns of “hidden” 10% tax hike on Bahamian business investment

“It’s a massive tax on investment, masked as reform, and the Prime Minister said nothing about it in his Budget Communication.”

New trademark rules take effect July 1

The Registry General’s Department has secured funding to overhaul its software and is preparing for the legislation’s official commencement on July 1.

BMA reports profit and revenue surge

The BMA ended the year with 1,239 registered insurers and 36 licensed digital asset businesses, up 50 per cent from 2023.

Bankruptcy & Restructuring – To Enforce, or not to Enforce

Enforcement of securities through the use of these remedies does, however, leave the company with the equity of redemption.

Finance IoM flags global AML award to local financial professional

IoM compliance analyst wins International Compliance Association Outstanding Achievement Award in Anti Money Laundering.

Government prepares for FATF assessment and clarifies treatment of tokenised investment funds

The Virtual Asset Service Providers Amendment Bill aims to clarify the treatment of tokenised investment funds

Cayman Islands closed-ended funds

The most common form of entities used for Cayman closed-ended fund structures are exempted limited partnerships

Freezing injunctions in the Cayman Islands

The Cayman Court must be convinced that it is just and convenient to grant the injunction.

Cabinet begins work revising offshore legislation

They also approved, under the Public Management and Finance Act, a $300,000 decrease in the budget for Pension Uplift

Cayman Islands Director Registration: What Companies Need to Know

Any new board appointees thus should submit any registration under the Act as soon as possible via CIMA’s dedicated webpage.

Greater flexibility for Guernsey PIF regime with updated rules

The enhancements continue the GFSC’s commitment to regulatory and product innovation, providing a proportionate regime for funds targeting all forms of sophisticated investors.

Guide to Cayman Islands mergers and consolidations

A ‘merger’ is where the assets, rights, obligations and liabilities of two or more companies are assumed by one of those entities

2025 Update: Cayman Islands Beneficial Ownership Transparency Act

In each case, the definition does not include a foreign entity registered under the applicable Cayman Islands legislation.

Modernising Arbitration in The Bahamas: Key Changes in the Arbitration (Amendment) Bill, 2025

The Bill introduces a new section 49A allowing arbitral tribunals to appoint representatives or arbitration guardians for minors, unborn persons, or persons under a disability.

Deloitte keeps up diversity efforts despite backlash

One in eight firms in the US, including giants Walmart, Google and IBM, plan to either cancel or reduce funding for DEI this year.

Luxembourg's upcoming deadlines for filing LNIN

Applicants who do not have an LNIN are required to provide details including last name, first names, date and place of birth, nationality, gender and private residence.

Applications open for BEDC business incubator

After the sixth cohort graduated in April, 91 per cent rated the programme positively, indicating it was either satisfactory or very satisfactory.

Regulation, Risk & Compliance