Managers of Wealth Offshore

BMA’s cyber underwriting report reveals a changing landscape

The BMA report covers key affirmative cyber-risk underwriting data aggregated from 2021 financial year-end statutory filings of groups and commercial and captive insurers.

Proceeds of Crime Law: Jersey's AML / CFT / CPF regime

This article explains what has changed and why, how to determine whether an entity is now within the scope of the regime and what an in-scope entity needs to do to comply with its obligations under the regime.

From sustainability to simplification: latest funds regulations in Ireland and the EU

Fund administration and asset managers need a thorough understanding of these regulations and their implications if they are to navigate the complex regulatory environment and achieve their business goals while also complying with legal requirements.

Lombard Bank to issue new shares

Shareholders present at the meeting approved all resolutions

Personal Information Protection Act Set to Come into Full Force in 2025

The significant sections of PIPA relating to obligations on organisations that use personal information, conditions for use, data transfers and rights for individuals, are not yet in force.

Julius Baer launches bursary scheme

Our young people are vital for Guernsey’s industry, and we recognise the need to help them learn about the finance industry and what a rewarding career it can offer.

Collas Crill advises on multi-jurisdictional acquisition

Van Mossel will acquire Jackson's trading entities but will lease the properties currently owned by the dealer.

Bermuda restructuring to rescue Digicel Group

Digicel was forced into a Bermuda scheme of arrangement three years ago, faced with its crippling $7 billion debt.

IQ-EQ acquires ComplianceAsia and Lymon Pte Ltd

These transactions are incredibly exciting for us as it not only significantly expands our existing regulatory compliance business here in Asia Pacific

Lending by Insurers

The Law is wide ranging and seeks to regulate many financing activities which are commonplace in Guernsey and were previously unregulated.

EU anti-fraud investigators in Malta to probe European asylum agency

Current, ex-employees allege fraud, nepotism, mishandling of harassment claims

UK legislates on nationality changes before Guernsey has a say

Only now will the States be asked to express its views on it.

Securitisation and Cayman Orphan SPVs – Part Three

This third article will focus on the administration of a Cayman Islands Orphan SPV as it relates to a securitisation transaction as well as the Cayman Islands entities which can be used in a securitisation structure.

The Cayman Islands: One Step Closer to Removal from the FATF Grey List

At the conclusion of the June Plenary, the FATF has announced that the Cayman Islands has made significant progress towards fulfilling its action plan, and has authorised an on-site visit.

Solitaire Consulting partners with Clausematch to deliver regulatory compliance solutions

This partnership is part of Solitaire’s expansion plan which includes working with Fintech and Regtech companies operating in the TCSP space.

Climate change policies need broad acceptance to be effective

While the draft Policy is vital, there may be some challenges in getting specific segments of the population on board to guarantee wide adoption of the final version.

Training Opportunities in Conyers Trust and Corporate Services

Selected candidates will participate in a structured program that combines theoretical learning with practical hands-on client work

Small nations need to strengthen networks against cyber-attack say regulators

In many of the nations represented at the SNRF, programmes have been initiated by regulators aimed at educating users

Bahamas in multi-billion blue carbon credit boost

Mr Carey said the Government was likely providing no further details on its blue carbon trading ambitions until the mapping

Regulation of virtual asset service providers (VASPs)

The regulation of VASPs is a new regime for the Bailiwick of Guernsey (the Bailiwick)

Regulation, Risk & Compliance