Managers of Wealth Offshore

Augmented Advocacy Series (Bermuda): PIPA and Anonymisation

Under PIPA personal information (PI) means any information about an identified or identifiable individual.

Bid to extend pause in withdrawal of local mortgage interest relief

This move would impact around 6,000 individuals, reducing tax revenues by £1m.

What steps should a Cayman fund take to comply with the new Cayman beneficial ownership regime?

Subscription documents should be updated to include details of registered particulars of investors

Money market report for the week ended October 25, 2024

Information on ECB monetary operations and the domestic Treasury bill market

Cayman Islands appointed one of two first-ever FATF guest members

The objective is to increase the voice of countries from regions that are underrepresented at the FATF membership level and enrich FATF policymaking and risk understanding through sharing regional perspectives.

Cayman Islands private client structures and beneficial ownership - changes of note

As a consequence of the New BO Regime a wider class of Cayman Islands entities will fall within scope of the reporting obligations.

Financial Services Authority sets out its strategic plans

The strategy, which has been shaped by feedback from Island firms to the 2023 industry survey

RA’s extended deadline for IRP comment nears

The regulatory body said it will also hold as many meetings as it deems necessary with the proponent of each alternative proposal

Pipa and anonymisation

Ligaya Sanchez-Wilson, Akira McDonald, Legally Speaking

Millbak Limited and Citrus Capital Global Limited

Therefore, any claims made by Millbak or Citrus Capital that any of the Jersey Registered Companies are regulated by the JFSC are false.

Bermuda regulatory update Q3 2024

This regulatory update outlines the latest sanctions imposed, amendments to investment business legislation

Litigation Against Decentralised Autonomous Organisations (DAOs): Navigating the Legal Frontier

Litigating against decentralised autonomous organisations presents novel challenges that test the boundaries of existing legal frameworks.

Meet 'Reggie' in beta - our AI-powered regulatory chatbot

The chatbot currently uses the regulatory codes of practice and the anti-money laundering, countering terrorist financing and countering proliferation financing handbook as its source material.

At a glance guide to Ogier Global Cayman Islands beneficial ownership reporting

Our team is comprised of industry specific experts to ensure we speak our clients' language and offer unique industry insights.

Jersey parliament adopts legislation to implement Pillar 2 from 2025

Jersey’s MCIT applies the OECD Model Rules and takes account of certain instances of double taxation.

A guide to non-charitable Purpose Trusts in Jersey

The purposes for which trusts are established must also be consistent with public policy and not contrary to the law of Jersey.

Mourant Luxembourg expansion to offer broader range of corporate and fund administration services

Services include, but are not limited to, domiciliation, corporate structuring, fund administration, fund accounting and tax compliance support.

Dollar-starved Maldives notifies new foreign currency rules

The Foreign Currency Regulation (Regulation No: 2024/R-91) mandates that all transactions within Maldives must be conducted in Maldivian Rufiyaa (MVR), except for those explicitly allowed in foreign currency.

STAR Trusts in the Cayman Islands

The STAR Acts only apply where the trust instrument expressly states that they are to apply.

Jersey Finance funds for 2025 cut by £400K

Deputy Ian Gorst, who has responsibility for financial services, was addressing a Scrutiny panel looking into the proposed government Budget for 2025 to 2028.

Regulation, Risk & Compliance