Managers of Wealth Offshore

Govt may reimpose 20% tax on offshore loan interest

An offshore loan is a financing arrangement where a borrower secures funds from a lender located in a foreign country, typically through an offshore banking unit.

Isle of Man co‑authors landmark international guidance on tackling proliferation financing

‘Proliferation financing is one of the most serious and least visible financial crime threats we face’

Mutual Funds established as Segregated Portfolio Companies in the British Virgin Islands

Registration of public funds is a more involved and, typically, considerably longer process.

Business group opposes youth wage increase plans

The Committee for Employment and Social Security said it was keen to hear stakeholders' views on the proposals "before making any firm decisions".

Cayman Islands AEOI update

The Cayman Islands – amended CRS update

Generational launches regulated trustee business in Jersey

The business is raising a pre-seed funding round to support the development of its operating infrastructure.

ACCA certifies Ogier as Approved Employer

STEP employer accreditation is awarded every three years following a rigorous review process

Suntera Global completes Experienced Advisory Consultants acquisition

Commenting on the completion of the transaction, David Hudson, CEO of Suntera Global, said: “Continuing to expand and strengthen our footprint in the US market remains a key objective for Suntera

CGi unhappy with plans to align minimum wage rates

The Confederation of Guernsey Industry will support an inflation-linked rise to the adult minimum wage, but has raised concerns over plans to align the youth and adult rates.

Segregated portfolio companies in the British Virgin Islands

The SPC has only one set of constitutional documents, one board of directors and, importantly, one set of annual license fees.

Annual audit filings for Cayman Islands regulated funds: deadlines, filing extensions and exemptions

For funds with a financial year end of 31 December 2025, the filing of the audited financial statements, the FAR and FAR Fee should be submitted before 30 June 2026.

Cita seeks feedback on proposed CIT rule changes

The proposed amendments to the Corporate Income Tax (Administrative) Regulations will be of primary interest to corporate income taxpayers

Another commercial bank approved to operate in Maldives

MMA said the bank was granted approval after fulfilling the regulatory requirements set by the authority following the issuance of a Tier 1 banking licence approval on 19 May last year.

BVI company information – What can be obtained from public and third-party sources?

A company is required to make relatively few filings under the Act.

Proposed amendments to the Trusts (Guernsey) Law, 2007

To balance flexibility with the need for appropriate safeguards, it is proposed that for wholesale delegations, notice to co-trustees and persons with the power to appoint trustees remains essential.

Barbados regulators monitoring millions linked to international money laundering probe

The funds subject to the court order include more than US$56,000 linked to one investment entity and approximately US$1.65 million connected to another institution.

CIMA seeks variety of technology firms to support digital expansion

The regulator said the model would give it access to technology support “on a repeated, as needed and sometimes urgent basis” as digital transformation projects move forward.

Recent updates to the Work Permit Policy in Bermuda

The revised work permit policy provides further clarity for employers and work permit holders on the specific penalties

Public survey opens to shape national AI policy

Maintaining and strengthening the Cayman Islands’ position as a globally competitive jurisdiction makes this work critical.

Guernsey Chamber raises concerns over proposed Social Security reforms

Under the proposals, employer Social Security contribution rates would rise from 7.1% in 2026 to 8.0% under the tax reform package

Regulation, Risk & Compliance