Managers of Wealth Offshore

New BVI national minimum wage announced

Last year, the BVI Cabinet decided to implement an US$8.50 minimum hourly rate, which was due to take effect on 30 November 2024.

Guernsey Funds: an overview

There is no prescribed frequency of redemption or period within which the redemption moneys be paid.

Guernsey's regulator signals welcome shift to open up crypto-fund opportunities

The statement comes weeks after the GFSC announced an update to already successful private investment fund (PIF) rules

Central Bank clarifies remittance policy for non-residents holding Bahamian dollars

The Bank reaffirmed its oversight role, stating that it “will continue to monitor these transactions closely” and expects full compliance with delegated limits and customer due diligence protocols.

Guernsey funds: innovation with alternative strategies

Deal-by-deal arrangements allow investors to commit capital to individual transactions rather than a traditional blind pool fund.

ECB cuts rates again

Money market report for the week ended June 6, 2025

Two Major Programmes to Foster Digital Innovation and Strengthen Climate Resilience

Pointing to the Atlantic Hurricane Season, which began on June 1 and runs until November 30, she said the weather forecasting programme is timely and important.

US brings the hammer down on OECD

While Bermuda does not appear to be specifically targeted, there are questions as to what would be left on the table once the dust settles from an emerging battle over who will rewrite global corporate tax rules.

Employment law in Guernsey

This overview is a basic summary of employment law in Guernsey.

Jersey Cell Companies

Jersey introduced Cell Companies into its law in 2006.

AI regulation freeze could impact Bermuda

Each country should consider the benefits of its own AI ethics committee, as more businesses [and even private citizens] increase their usage

Isle of Man TT's environmental sustainability assessed in audit

‘Let’s be clear: this isn’t about bringing back TT Zero’

BMA to test insurers’ strength in crisis

The BMA also made clear that the stress testing exercise is not used to set regulatory capital requirements

The Virtual Asset Service Provider Regulatory Policy In The Cayman Islands

These developments reflect the jurisdiction's continued commitment to aligning with international regulatory expectations

F&F LLP Guernsey Property Update – development within the curtilage of flats and buildings containing flats

The Guernsey Planning Service has published details on Exemptions Class 2

A leading financial centre and reinsurance hub

Bermuda, while a small country by population and size, continues to prove that these factors do not limit us to small, local businesses.

Bridging protection gaps: natural catastrophes and retirement

As the regulator for the island's financial services sector, the Bermuda Monetary Authority has established tailored regulatory frameworks that provide high assurance that the island will continue to meet policyholder needs responsibly.

Deficit forecast is very real, warns premier

Members of the opposition recently implied that the deficit prediction is not necessarily genuine, as there is plenty of time for the government to work on reducing spending or increasing revenue.

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.

Regulation, Risk & Compliance