Managers of Wealth Offshore

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.

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

Regulation, Risk & Compliance