Managers of Wealth Offshore

FSCS to reopen offshore property cases

The group also offers a range of corporate bonds.

£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.

The Bahamas to reopen on July 1 with pre-entry protocols

Travellers must fill out the electronic health declaration card prior to boarding.

Standard Chartered closes Guernsey trust business

Standard Chartered's own statement simply read: "Please be aware that the company no longer offers trust and fiduciary services in Guernsey."

Granting of Guarantees by British Virgin Islands Companies

BVI law provides a high degree of protection for lenders

The GFSC enforcement process: To the Senior Decision Maker – and Beyond

The Royal Court has again held that the Guernsey Financial Services Commission's enforcement process is compliant with licensees' right to a fair trial under The Human Rights (Bailiwick of Guernsey) Law 2006.

Walkers (Hong Kong) Advises on Sands China's $1.5 Billion Bond Offering

The deal was led by Hong Kong partner Kristen Kwok, who was supported by Sonya Saxena.

Supervision of costs in UCITS and AIFs

To promote convergence in relation to the supervision of costs in UCITS and AIFs, ESMA has developed criteria to support NCAs

FSCS pays out £5.9m on offshore property advice

The lifeboat scheme has also adapted the way it calculates perceived losses stemming from the investments, valuing many at nil to allow for claims.

Business sector sees opportunity in States' strategy

This is more important than ever."

Cayman Islands introduces new regulatory regime for virtual assets

This briefing provides a high level summary of the VASP Law and the amended legislation above.

New Fast Track Application Regime for Managers of Overseas Collective Investment Schemes:

The new regime has resulted in the publication of a revised Form FTL and where a migration of the manager is involved the new Form FTLM.

Ten day fast track regime boosts Guernsey's appeal to migrating fund managers by Kate Storey

The fast-tracking would apply for either a general partner of a non-Guernsey limited partnership, or a standalone manager wishing to move domicile to Guernsey.

DAC6 reporting obligation deferred by 6 months

The 3-month deferral for DAC2 initially proposed by the European Commission on 8 May 2020, is maintained.

Covid-19: Flexibility regarding reporting for banks and financial service providers

It also specifies that the leeway it applies will be closely coordinated with national authorities, the ESAs as well as the European Central Bank.

Swiss private bank has Cayman Islands licence revoked

Regulator says it failed to appoint appropriate directors and meet AML protocols

British Virgin Islands Regulatory Obligations and Filing Deadlines 2020

The appointed person responsible for the valuation of fund property must value the fund's assets in accordance with the valuation policy.

China security law has Hong Kongers eyeing offshore accounts

Banks see jump in inquiries as savers wonder whether their nest eggs are safe

Spotlight on ADGM: Structural Advantages and-Benefits for Investors

By structuring transactions using vehicles domiciled in the ADGM, enforceability of structures and transaction terms can be improved for private equity and venture capital investors.

Mauritius Budget 2020/21 - Ocorian Analysis

The government’s strategy to create a platform for sustainable growth in a “new normal” world is commendable.

Regulation, Risk & Compliance