Managers of Wealth Offshore

First 'hardship' payments due this week

So far over 2,300 businesses have registered for support and each of these business has now received an application form which many have already returned to us.

Economic Policies for the COVID-19 War

In a war, massive spending on armaments stimulates economic activity and special provisions ensure essential services. In this crisis, things are more complicated, but a common feature is an increased role for the public sector.

CAYMAN ISLANDS: Businesses still causing curfew trouble

Speaking at the daily press briefing to update the community on the situation with COVID-19, he dismissed concerns that government was planning another full lockdown and round-the-clock curfew because of the impracticalities.

Cross border insolvency – what assistance can Jersey give? A recent example

Here we examine the assistance that the Royal Court can give to foreign insolvency officials and examine the dynamic and flexible approach that it adopted in the recent case of Lydian Investments Limited [2020] JRC 049.

MFSA Circular To The Financial Services Industry In Relation To The MFSA's Authorisation Process

The first point of contact for applications remains, at all times, with the respective MFSA officials processing the application, and applicants needing a follow up on their applications, are required to liaise directly with the relevant MFSA officials.

Foreign Investment Funds Managed or Promoted In or From Within Bermuda Subject to New Registration Requirements

The Investment Funds Amendment Act 2019

Ministry Engages Virtually With Financial Services Industry

The Government appreciates how important the financial services sector is to the Cayman Islands.

Butterfield shuts its branches over Covid-19

Restrictions, including social distancing, will be in force today.

An Update On The Recovery Of Foreign Lawyers’ Fees In The BVI

The decision in Gany is best understood by understanding those decisions.

DeVere fined by Malta regulator

Spokesperson says the advisory firm intends to appeal

Covid-19 Lux Update: Exceptional Measures to Companies

Any Luxembourg company may hold any general meeting without a physical meeting

Denial of Tax Deduction on Interest and Royalties

Tax deductibility could be denied for parties in countries on the EU List of Non-Cooperative Jurisdictions for Tax Purposes.

The Territorial Limits of the Black Swan Jurisdiction

Decisions of the Privy Council are binding authority on the Courts of the Territory.

Covid-19 Ireland Update: Electronic Signatures and Requirements for Original Documents

These measures have also impacted the ability to host physical board meetings, which disrupts a company's or fund's ability to conclude transactions and/or launch new products

Luxembourg Pulls out the Stops to Battle Coronavirus

The association of CEOs has been mobilized, as well as six banks

A Banking Industry Update across the Crown Dependencies of Jersey, Guernsey and the Isle of Man

This has meant we have the majority of our dedicated staff working from home with only essential colleagues in our branches and offices.

Banks warned it is ‘unacceptable’ to deny funds to firms in Covid-19 crisis

The Business Secretary signals the Government will be making changes to the coronavirus loan support scheme in coming days.

Money Laundering, Lawyers, and Escrow: The Case for Voluntary Due Diligence

The real value in the Committee’s investigation flowed, not from the sanctioning of lawyers, but in the identification of unresolved issues.

Crown Dependencies’ banking associations write open letter on coronavirus concerns

The banking associations added that they were working with each island government to ensure that support for businesses and individuals is available quickly.

Businesses close doors as Bermuda implements “Shelter in Place” measures

Banks will be open for restricted hours to provide only the most essential services

Regulation, Risk & Compliance