Managers of Wealth Offshore

Climate change impacts on small islands on UN agenda

Among the overarching goals of the week will be securing a pathway to limit global average temperature rise to 1.5°C above pre-industrial levels.

KYC Laws in the Cayman Islands under the Spotlight

In a long and wide ranging analysis of the legislative regime, Justice Kawaley found the Court had no statutory power to order Fortunate Drift to provide Canterbury with KYC information it had requested following a change in the beneficial ownership of Fo

MEPs call for proper implementation of anti-money laundering rules

MEPs call for better cooperation between the administrative, judicial and law enforcement authorities within the EU

Jersey Finance Comments on Positive Moves Towards Liberalisation in China’s Financial Market

The investment demand of foreign investors in China’s financial market has been on the rise

Malta 'golden handshake' storm further rocks financial services in region

In the judicial protest, The Times of Malta reports that Dr Brincat, a former justice minister, told Cuschieri to "desist from offering a golden handshake," insisted that there was no approval for the use of such funds to terminate the contract

A quick guide to data protection in the Cayman Islands

The Data Protection Law, 2017 (DPL) comes into force on 30 September 2019

Top level fight breaks out at Malta financial regulator

As chief exec’s promise of a golden handshake draws the ire of an MFSA board member

Guernsey Considers Introduction Of Limited Liability Companies

There has been commercial interest in Guernsey in introducing LLC legislation to enhance the island's competitive position, particularly in attracting international finance business from the US.

Central Bank of Ireland Publishes Consultation Paper On Errors In Investment Funds

Central Bank Publishes Consultation Paper on Treatment, Correction and Redress of Errors in Investment Funds.

Pending Relaxation of Exchange Controls on Residential Real Estate Transactions

Commercial real estate investments will still require Exchange Control approval

Redemptions from Fraudulent Investment Funds

The first decision of the Privy Council on redemption from an investment fund was not a fraud case, but arose out of the global financial crisis.

Consultation Papers on Proposals to Create a Single Fiduciary Handbook and Revise Pension Rules

The Consultation Papers may also be of relevance to other industry participants, service providers and other interested parties.

The Advantages of Opening a Business in the Cayman Islands

Although the country is considered a tax haven, this jurisdiction provides a high level of trust as it follows international tax regulations.

Discussion Paper on Green Insurance in Guernsey

The Statement illustrates the Commission’s continuing commitment to the green agenda.

Guernsey releases Q2 investment fund data

This represents an increase of £4.1 billion (9.4%) in the past year.

CSSF ‘Brexit licence’ deadline looms

The Commission de Surveillance du Secteur Financier (CSSF) warned that unless firms submitted a notification to them by the deadline, they would be considered as ‘third-country entities’.

Guernsey consults on limited liability companies

There has been commercial interest in Guernsey in introducing LLC legislation to enhance the island’s competitive position, particularly in attracting international finance business from the US.

ECCB approves Republic Bank’s application to acquire Scotiabank’s operations in most ECCB member countries

Citizens and residents in ECCB member countries are encouraged to stay abreast of developments in the financial sector.

MALTA: Tackling financial crime

Can a financial crime agency resolve the prosecution bottleneck on money laundering and tax evasion?

Luxembourg considers tougher rules on fund liquidity

Financial watchdog has been consulting privately with asset managers following high-profile fund suspensions

Regulation, Risk & Compliance