10/27/2020
Ireland: Finance Bill 2020
A consultation on the rules is expected next year.
Regulation, Risk & Compliance
10/27/2020
Competition Authority publishes Business Connectivity Market Review consultation
A more competitive retail market, through the introduction of dark fibre, is likely to lead to innovation of products and rebalancing of prices.
10/27/2020
Watch - National Risk Assessment: Trust Company Business webinar
We have summarised below our responses to additional questions that were received during the webinar.
10/27/2020
Data protection registration in Guernsey from January 2021
Personal data is anything about, or related to, an identified or identifiable living person including names, addresses, medical records, CCTV footage, social media activity, internet browsing history, emails which include content about individuals and pol
10/26/2020
Jersey's BIT with the UAE and reflections on investment treaty practice in non-sovereign autonomous regions
Jersey is set to sign its first BIT with the UAE later this year.
10/26/2020
DeVere Group granted insurance licence by Guernsey regulator
This represents a further positive development for deVere, which continually seeks to grow and adapt in order to meet evolving market conditions.
10/23/2020
Island’s reinsurance leaders discuss challenges
The participants provided keen insight into industry trends and examined the important role Bermuda has to play in the response of the risk transfer markets globally.
10/23/2020
Luxembourg: Draft 2021 budget law presented to Chamber of Deputies
The new legal framework would omit some of the conditions required by the 2014 circular
10/22/2020
Cayman Islands Economic Substance Reporting and Notification
The Cayman Islands Department for International Tax Cooperation (the "DITC") has yet to make available the portal for purposes of the ES Return.
10/22/2020
Data protection: Preparation, planning and privacy is key
This is particularly important with respect to sensitive data or information about children and other vulnerable individuals”.
10/22/2020
Anti-money laundering (AML) program effectiveness
Transforming AML programs to enhance outcomes for law enforcement
10/22/2020
Challenges for Family Offices – and Five Reasons to Consider a Restructure
A FO will ideally want to remain agile and able to stay abreast of change from both within and outside of the family.
10/21/2020
Controversial shell-company ‘factories’ seek a role cleaning up UK’s reputation
It would ‘put the fox in charge of the henhouse’, anti-money-laundering experts warn, after FinCEN Files identified thousands of U.K. shell companies linked to suspicious transactions.
10/21/2020
Grand Bahama Island will further loosen restrictions
Beaches and most major hotels are now open, and visitors are required to vacation in place for 14 days or the length of their stay, whichever is shorter, through Oct. 31.
10/21/2020
New rules let Global Citizens work from Covid free Cayman
As a result it is now offering those who can show they can support and maintain themselves and their families the opportunity, for a fee, to reside in and work remotely from Cayman, whilst enjoying a lifestyle free of Covid-19 restrictions.
10/21/2020
CP86 2.0: Welcome Clarity on Corporate Governance Issues
The Central Bank of Ireland has published the findings of its themed inspection of Irish fund management company governance, management and effectiveness.
10/20/2020
Isle of Man regulator eyes shift in funding structure
Quilter International chief expects ‘an increase in fees over the next two years to be proposed’
10/20/2020
Jersey updates laws to 'carve out' exceptions to the post-Brexit immigration regime
The idea is that the Home Affairs Minister, currently Constable Len Norman, would have powers to ‘carve out' exceptions for certain industries which rely on immigrant labour, such as agriculture and hospitality.
10/20/2020
Expats to be hit with additional pension access charges post-Brexit
The organisation also noted that providers are on high alert regarding overseas pension scams and may refuse to transfer a pension abroad or take up to six months to complete the necessary due diligence to release the funds.
10/20/2020
Sustainable Financial Disclosures: Key Deadlines for Global Investment Managers
SFDR prescribes mandatory disclosures to be made by managers and investment funds3 relating to sustainable investments and sustainability risks.