Managers of Wealth Offshore

Bill seeks to guarantee Caymanian control of local law firms

Legal Practitioners Law approved, faces amendments

London lobbies for lower taxes to stop exit of financial services companies

City wants to stop flow of business to Dublin and Luxembourg by cutting taxes and allowing for looser regulation

Nordea, Handelsbanken to face no new punishment over Panama Papers scandal

Nordea and Handelsbanken were fined 50 million Swedish crowns ($5.7 million) and 35 million crowns respectively in 2015 for breaching money laundering rules.

Panama: Staff Concluding Statement of the 2017 Article IV Mission

The completion of the national risk assessment in January 2017 is an important milestone to advancing further reforms

Maples Group Assists MJX Asset Management on First New-Issue CLO of 2017

Maples Fiduciary in the Cayman Islands provides fiduciary services to the issuer.

Cim Financial Services Limited enters into agreement for the sale of its Global Business activities to the SGG Group, a European leader in investor services

Cim Global Business management team share our growth ambitions and are equally passionate about supporting the needs of our clients.

OECD announces further developments in international tax co-operation

It is also assisting its developing country members to ensure that they can also receive the benefits of the ongoing global move to automatic exchange of financial account information.

Altered Regulatory Landscape makes Family Office Location Vital

Families debating whether to set up their own single family office or use the services of an existing multi family office are narrowing their search to those jurisdictions renowned for their stability and security in financial services

Streamlined funds regime welcomed as enhancing Jersey’s competitiveness

The framework ensures continued compliance with international standards by requiring the appointment of a Jersey-based administrator.

JFSC launches Jersey Private Fund Guide to modernise Island’s funds regime

The launch of Jersey’s new single private fund product will see the phasing out of all other Jersey private products although existing private funds will be able to continue to operate until the end of their natural life.

Guernsey Commission signs MoU with China’s insurance regulator

The MoU sets out a statement of intent to establish a framework for mutual assistance and to facilitate the exchange of information between the authorities.

IoM regulator open to dialogue on commission disclosure rules

This is accentuated by current uncertainty around the UAE Insurance Authority’s plan to issue a new draft and open a fresh consultation on plans to tackle high fees and hidden commissions in the life industry after requests for a 'two-year dela

BAHAMAS: Central Bank Targets Non-Bank E-Payment Rules By Mid-Year ‘17

For newly-legalised web shops are among the leading contenders to obtain such licenses, especially since they already have a physical presence throughout the Bahamas, especially in the Family Islands.

Guernsey-China relationship strengthened with regulatory MoU

One of the early adopters of the Common Reporting Standard, Guernsey has a reputation for working in tandem with its finance industry

Bermuda remains ILS world leader

The lack of correlation with financial markets has been one of the biggest selling points for ILS investors.

Swiss safe haven

The agreement itself is a good development but any expectation that it would bring the money back to Pakistan is highly misplaced.

A New Era of Regulation for Organisations using Personal Information in Bermuda - The Personal Information Protection Act 2016

The legislation will apply to every organisation that uses personal information in Bermuda where that personal information is used wholly or partly by automated means and where the use of personal information forms or is intended to form part of a structu

Regulation, Risk & Compliance