Managers of Wealth Offshore

Lawmakers to consider 11 bills at Parliament sitting

The meeting will also include five government motions, 10 private members’ motions, 54 parliamentary questions

CIMA advances recovery planning framework

CIMA confirmed that it initially consulted in January 2025 on a combined Rule and Statement of Guidance covering both recovery and resolution planning.

CIBC Caribbean to halt GBP cheques and bank draft services

CIBC Caribbean encourages clients to use its online banking and mobile app to send and receive GBP wire transfers worldwide.

BMA Announces a Reduction in Regulatory Burden for Insurers

The BMA emphasized that this is not a reduction in prudential standards, capital requirements or supervisory effectiveness.

Cayman company and partnership registrations reach record levels

These entities are typically technology, commodities trading, IT/software, aircraft/maritime or digital services firms seeking a physical presence aligned with Cayman’s regulatory framework.

Ebanks fast-tracks immigration, health amendments

The first bill that will be fast-tracked is the Immigration (Transition) (Amendment and Validation) Bill, 2026.

BML investment in government T-bills increase to MVR 15.4 billion

In 2023, BML held MVR 13.2 billion in government-issued securities.

Deriv Applies for a Banking Licence in SVG

It also obtained a full brokerage (Cat 1) licence from the regulator in Dubai and started onboarding traders under that licence last year.

‘Grandfather’ clause expanded for new immigration rules

The headline change relates to transitional protections first debated late last year.

Eastern Caribbean currency to replace Queen’s image by 2027

The new Eastern Caribbean notes are expected to come into circulation by 2027 and will feature prominent regional figures

The ongoing benefits of Guernsey QAHCs

There is a practical benefit if the Fund is managed or advised from the UK

Types and uses of Cayman Islands law trusts

There are generally no gift, estate, income or capital taxes in the Cayman Islands for individuals or companies.

The Churchill effect: Compulsory ADR comes to the offshore jurisdictions

Walkers acted for the General Partner, ATP III GP Ltd.

Extension Of Penalties For Revised Cayman Fund Fees

Funds and service providers should review their REEFS accounts and confirm that all revised fees have been fully settled.

Guernsey's business leaders come out against a plan to pause GST

They say it does not suggest a financially viable alternative and that the tax system and the looming deficit must be tackled.

Saffery Trust achieves Cyber Essentials Plus certification

The certification offers clients, partners and stakeholders tangible reassurance that Saffery Trust is actively mitigating cyber risks and maintaining a robust digital environment.

The Bahamas publishes DMTT notification requirements and filing deadline

Subsequent to the filing of the notification form, entities will be required to register on The Bahamas’ new “One Bahamas” tax portal which is expected to open in the second quarter of 2026.

Gresham House first to receive Guernsey Natural Capital Fund designation

The island’s regulatory framework, professional expertise and focus on sustainable finance were important factors in the decision

Bowe: Bankruptcy laws play pivotal role in private sector credit expansion

Bowe made these comments after the International Monetary Fund, in its latest Article IV Consultation report on the country, said that private sector credit had shrunk relative to gross domestic product over the past few years.

Bermuda Monetary Authority 2026 Business Plan: Overview & Expertise – Banking

The BMA is the financial regulator in Bermuda responsible for the regulation and supervision of banks.

Regulation, Risk & Compliance