Managers of Wealth Offshore

Digital identity services in Bermuda

Under the supervision of an Office for Digital Identities and Attributes, the UK DIATF defines the rules, standards and governance oversight for all DISPs.

Cayman: where entrepreneurs meet regulation

The unique and varied structures deployed by captive insurance companies afford owners advantages that include flexibility and efficiency.

Guernsey funds legal and regulatory update December 2024

The implementation date for the amended Code is 3 February 2025 with a transition period of two years for companies that will cease to be subject to the Code as a result of these changes to allow these companies to put in place alternative arrangements.

Charting new territory: How England’s digital assets framework can guide Cayman Islands law

This article will examine how these developments can assist Cayman’s legal framework and market opportunities.

A Guide to Jersey Partnerships

The Limited Partnerships (Jersey) Law 1994 (as amended) (the "1994 Law") provides the statutory basis for LPs.

Implications of the Finance (2025 Budget) (Jersey) Law 202- for property transactions

To date, transactions between companies within the same corporate group have been subject to stamp duty at the full rates, disincentivising corporate property restructures.

Guernsey's approach to digital assets: legal framework, regulatory landscape, and emerging challenges

Guernsey's approach to digital assets reflects a practical application of existing legal principles

GFSC clarifies rules around surrender of Guernsey Collective Investment Scheme authorisation

The updated guidance amends the previous update from 12 months ago

US Rate Cuts: Possible Effects on Panama’s Banking System

The executive president of the Banking Association of Panama stressed that it would be very rare for any bank to start lowering its rates now

Mutual funds in the Cayman Islands

This category of regulation is applicable to retail mutual funds.

Axa XL supports pioneering issuance in Bahamas

Also, it’s the first time a private insurer, Axa XL, is providing credit insurance alongside an MDB in support of a sustainable issuance for nature and climate.

Republic Bank Warns Customers Of New Phishing Scam

Fraudsters are mimicking Republic Bank’s official email alerts, tricking recipients into clicking on fraudulent links.

Fixing the monetary policy transmission mechanism makes sense

The chamber argued that with the current lowering of policy rates, “the delay in reducing lending rates signals a need for deeper review of the monetary transmission mechanisms in place”.

KPMG’s AML Roundtable: Key insights from second session of 2024 series

Industry leaders, experts discuss latest developments in anti-money laundering regulations

Five tips to avoid scammers in the Channel Islands

The chief executive of Channel Islands' Financial Ombudsman, Doug Melville, warned Islanders not to share passwords and not to assume people are who they say they are.

Bermuda boosts captive domicile with new licenses in 2024

More than 50 re/insurance entities approved

Jersey’s financial services regulator publishes plan to address MONEYVAL actions

This plan outlines how the JFSC will respond to the Recommended Actions that are solely for the JFSC to complete.

Cayman Islands Exempted Limited Partnerships – when can limited partners bring claims on behalf of the partnership?

The Privy Council set out 11 principles relating to the right of LPs to bring a claim on behalf of the ELP.

Bank fined just under £300k over compliance breaches

Bank made three payments for a client that was subject to a proceeds of crime restraining order

Data laws have left HSC facing "immense pressure"

It's after the department was reprimanded by the Office for the Data Protection Authority for breaching data access rules, again.

Regulation, Risk & Compliance