07/14/2023
MLRO/MLCO masterclass series to give essential training ahead of MONEYVAL evaluation
One of the key focuses of MONEYVAL's visit is the evaluation of the efficacy of Guernsey's AML/CFT/CPF framework.
Regulation, Risk & Compliance
07/14/2023
Fintech Laws & Regulations in The Bahamas
The Government of The Bahamas has developed a policy that favours the development and innovation of the fintech sector in The Bahamas.
07/14/2023
British Virgin Islands economic substance – ITA investigation and enforcement powers
This guide summarises the key points to consider, including various legislative changes made in 2022 to increase the ITA’s enforcement powers, and addresses some frequently-asked questions.
07/14/2023
The new JFSC Outsourcing Policy: overview, impact and actions required
This briefing covers the key changes and summarises what businesses need to do during the six month transitional period, to prepare for the new policy coming into force.
07/13/2023
BMA confirms five insurance registrations in June
The BMA noted that the registration/licensing of approved insurance entities is issued after the IALC application process and may be confirmed in future periods.
07/13/2023
Right of access to personal data
Complying with the GDPR often means treading a fine line
07/13/2023
Luxembourg modernises Funds law in response to request from the industry
Another key change relates to the expansion of available company structures for Part II funds.
07/13/2023
Arch Capital takes stake in Bermuda managing general agency
Helix was established in 2018 as Bermuda’s first independent multi-line managing general agent and has written close to $200 million in gross premium.
07/10/2023
Lawyer Steven Rees Davies represents Bermuda at UK crypto club
The club was founded by award-winning businesswoman Karen Jones, who in 2005 established Citywealth – a publishing and events company that connects ultra high net worth individuals and private wealth managers.
07/10/2023
Anti-money laundering fines reach €2.2million so far this year
FIAU is subject to 17 court cases alleging breaches of constitutional rights
07/10/2023
Renewable energy fund has its Malta licence cancelled
Nova Renewable Energy Fund failed to submit audited accounts since 2018
07/10/2023
Comparison of Laws in Bermuda and the Cayman Islands Relating to Offshore Companies
This publication does not deal with all types of companies that may be formed in either of the above jurisdictions, or with the laws and regulations which may be applicable to certain business activities.
07/10/2023
Guide to marketing AIFs in Europe
For non-EU AIFMs of private equity, real estate, debt/credit, hedge and other AIFs, selecting how to market to EU professional investors is an important decision requiring careful consideration of the options available.
07/07/2023
Interest rate for late payments in commercial transactions rises to 12%
It was 8% a year ago
07/06/2023
Guernsey adult minimum wage to rise to £10.65 an hour
Employment and Social Security President Deputy Peter Roffey told the States the increase was "moderate".
07/06/2023
Financial analysis: Impact of monetary policy decisions
Banks’ and MGSs’ improved deposit rates enable investors to mobilise part of their idle liquidity
07/06/2023
Employers, employees and Pipa
Personal information should be collected with consent.
07/05/2023
Aegon redomiciles to Bermuda
The company will propose changes to its governance including the implementation of a one-tier board.
07/04/2023
Paradise Mobile signs MOU with AALTO HAPS
AALTO’s Zephyr is described as the most persistent ‘high altitude platform station’ on the planet.
07/03/2023
Trustee Troubleshooting: Dealing with trust deeds that are no longer fit for purpose
While families grow and evolve, legislation is regularly revised and expanded upon and technology continues to develop at an incredibly fast pace, trusts often remain unchanged.