Managers of Wealth Offshore

We must enable growth, not regulate it into obscurity

Guernsey Financial Services Commission Director General: “We must enable growth, not regulate it into obscurity”

BVI Update: Initial Annual Financial Returns Deadline for Limited Partnerships

The first financial period that is in scope for BVI limited partnerships is 2025, i.e. for a limited partnership with a 2025 calendar year, the annual return will be due from 1 January 2026.

The Legal Profession Bill, 2025: Pending Changes to the Legal Industry in The Bahamas

The Bill was projected to come into force in the first quarter of 2025.

VISU sanctions reporting in BVI due 30 November

The annual reporting obligation will be relevant to (among others) BVI funds holding underlying assets that are frozen

Developers appeal quashed planning approval in Grand Court

It said that multiple factors supported the decision including traffic impact, tourism benefits, and no demonstrated harm to neighbours.

Increased salary will be paid from end of December: Finance

The regulation that is being observed for the calculation of employee allowances and benefits from 16th October to 15th November is the regulation that has been in effect since 2010 as per the Civil Service's guidelines.

Implications of proposed stamp duty increase on high-end Cayman Islands real estate

Under the proposal outlined in the Budget Address, the rate of stamp duty on residential transactions valued at CI$2 million or more will increase from 7.5% to 10%.

Safe and secure: Jersey Royal Court offers guidance on its security law in case of Rassmal Investments LLC

Rassmal made a number of claims, principally against ASG. In this article, we focus on the claims made in respect of the Law.

Country by Country Reporting (CbCR) – Re-registration Required by 30 November 2025

CbCR is relevant to MNE Groups with annual consolidated group revenue of US$850 million or more in the preceding fiscal year.

Succession planning in the Cayman Islands

The preparation of a Cayman Islands will requires careful attention

Amendments to Cayman Islands company law coming into force

The Amendment Act removes this requirement by allowing capital reductions without court approval, where permitted by the company’s articles of association.

Jersey Electricity announces spring 2026 tariff rise of 2.5%

This increase reflects a pricing strategy that continues to benchmark well for our community.

Weaknesses found in Cayman VASPs’ custody controls

The authority noted that such gaps increase the risk of mismanagement, operational failures, internal fraud and security breaches.

New Vesttoo filing targets Aon’s Bermuda managers

For the first time, the trustee is framing the misconduct as violations of Bermuda statutes, including the Insurance Manager Code of Conduct

FATF Fifth Round Mutual Evaluation – are you ready?

FSPs should review and assess their own policies, procedures, systems and controls ahead of this evaluation.

Landmark Ruling on Shareholders’ Misrepresentation Claims in Company Liquidations: The Houldsworth Rule Modified for the Cayman Islands

The rule in Houldsworth will therefore apply in the modified form which Segal J explained in Direct Lending in relation to liquidations of Cayman Islands companies

Regulation, Risk & Compliance