Managers of Wealth Offshore

Money market report for the week ended March 7

ECB cuts interest rates for fifth consecutive time

Shareholders' relief for unfair prejudice in the BVI and the Cayman Islands

Once the Court is satisfied that unfairly prejudicial conduct has occurred, it has a very broad discretion as to the relief it can grant to address and rectify the prejudice suffered by a shareholder

Long term reinsurance here to stay on Bermuda - and grow

That was the message from a panel discussion on life and annuity reinsurance at the Bermuda Risk Summit, taking place in Bermuda this week.

Guernsey representatives highlight significant value of Channel Islands to the EU

The meeting forms part of the regular programme of engagement with the EU.

Bermuda growing international business through diversification

This type of insurance offers predetermined payouts based upon a trigger event, which could be a specified wind speed or amount of rainfall.

Top 'take-aways' from the 2025 Mourant Cayman Regulatory Conference

The DAML regime introduces a notice period, during which the DAML/Consent request has to be responded

Redwood Group restructures to support business growth

Redwood has also seen increased demand across all business lines

Central Bank marginally raises its economic growth projection

Real GDP growth still expected to ease to 4.0% this year from 6.0% in 2024

Seychelles: Clarity on treatment of Virtual Asset based Contract of Differences

The buying, selling or trading of VAs involves ownership changes (transfer of asset) and their liquidity/value is based on the popularity or frequency of trade.

Government still exposed to fraud, says report

Action should be taken by government to mitigate this situation and produce a plan

Cayman Islands Updates Crypto Rules: Trading, Custody Providers Must Obtain Licences

The new rules will take effect from 1 April 2025.

Govt to introduce labor law reforms, minister says

These are 21st century policies we are introducing for a modern Bahamian workforce.

Cayman Islands third party rights legislation

Persons contracting under Cayman law should take care expressly to apply or dis-apply the Act in all arrangements

Hiscox observes OECD guidance on Bermuda CIT payments

AccuWeather has estimated the total economic loss from the 2025 Southern California wildfires at between $250 billion and $275 billion.

Thompson calls budget an ‘illusion’ amid economic challenges

While the government boasts of progress, families are drowning under the weight of skyrocketing costs, and crime continues to spiral.”

Corporate Sustainability Reporting Directive: proposed amendments exclude special purpose vehicles from scope

The amendments proposed by the European Commission recognise that the costs and regulatory burdens imposed by CSRD should be targeted, which is a welcome development.

Corporate Sustainability Reporting Directive: proposed amendments exclude special purpose vehicles from scope

The amendments proposed by the European Commission recognise that the costs and regulatory burdens imposed by CSRD should be targeted, which is a welcome development.

Jill Britton recognised as global leader in regulation at Citywealth Powerwomen Awards

Jill continues to lead the JFSC through transformative change to effectively position the organisation for the future.

Significant Company Law update

That provision will come into force on 1 April 2025.

Ogier partners with Every Child Our Future to enhance literacy in Jersey primary schools

The funding will enable Every Child Our Future to continue to recruit and train volunteers

Regulation, Risk & Compliance