12/30/2024
Consultation on new legislation to protect private sector renters and landlords
Even though the private rental market accounts for more than a quarter of all Guernsey housing, it is currently unregulated.
Regulation, Risk & Compliance
12/30/2024
BMA is to consult on changes to public disclosure regime
The BMA said the proposed public disclosure of assets and liabilities “responds to the broader global trend and structural shifts in the life and annuity sector
12/27/2024
A guide to Guernsey investment funds
Growth is also attributable to the high quality of services available in Guernsey
12/27/2024
GPs behaving badly: disputes involving Cayman exempted limited partnerships
The surge in PE deal volume will incite a collective sigh of relief from M&A lawyers
12/27/2024
Jersey foundations
A foundation is required to have a guardian at all times.
12/27/2024
Islands need full transparency in fight against dirty money, UK Government says
The Crown Dependencies have company beneficial ownership registers and they share data from these with UK law enforcement via the Exchange of Notes arrangements.
12/27/2024
Bahamas' strong financial services laws, products highlighted at STEP Asia
“STEP Asia was a highlight to end the last quarter of 2024,” said Lawrence.
12/24/2024
New guide to sustainability-related risks and opportunities
The guide explains that throughout its value chain a company depends simultaneously on resources and relationships
12/24/2024
ESMA publishes new Q&As on its Fund Naming Guidelines
ESMA has also confirmed that in-scope funds do not need to comply with the PAB/CTB exclusion criteria
12/23/2024
Baker & Partners Secure the First DPA in Jersey
This is the first deferred prosecution agreement in Jersey and was ratified by the Royal Court.
12/23/2024
Federal Reserve signals caution on future interest rate cuts
Fed cuts rates to 4.25-4.5%, forecasts two reductions in 2025, as opposed to previous four
12/23/2024
The Mauritius Revenue Authority takes bold policy decision to treat compensation under Compromise Agreements as exempt income
The issue that arose was whether the amount paid to the employees as “compensation” under Section 16 of the Workers’ Rights Act 2019 was exempt from tax.
12/23/2024
New Regulatory Framework for Virtual Asset Custodians and Trading Platforms in the Cayman Islands
Importantly, the Rule provides CIMA with a mandate to prescribe reporting requirements
12/23/2024
Chambers Banking and Regulation 2025: British Virgin Islands chapter
The BVI continues to uphold its reputation as a stable and sophisticated jurisdiction for banking and financial services.
12/23/2024
Funding hurdle stalling cannabis growing plans
4C Labs already imports and distributes medical-grade cannabis to the island and has held a cannabis cultivation licence since 2021.
12/20/2024
Citizens Advice Guernsey to require appointments
Ali Marquis said the move was "an opportune time for reflection" and helped the charity "look forward to the future".
12/20/2024
Luxembourg - A European hub for Islamic finance
The project required expertise from multiple legal practices and jurisdictions to be successfully executed.
12/20/2024
Life re/insurance regulation requires a tailored and agile approach: BMA
The report said regulatory cooperation and collaboration between cedent and reinsurer regulators are “essential” for effective supervision.
12/19/2024
Consultation Paper on Equity Release and amendments to the LCF Rules
The aim is to introduce the proposed equity release regime in January 2026 via amendments to The Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022.
12/19/2024
Cayman company information to be open to journalists
MPs approve new access to beneficial ownership information