Managers of Wealth Offshore

BOV reports €1.5 million stolen through BEC fraud last year

Business Email Compromise cases have risen even more so far this year

New beneficial ownership framework comes into effect

The changes also widen the scope of those who will have access to the register.

Bermuda: New Beneficial Ownership Framework

The BO Act applies to all legal persons1 (sometimes referred to herein as “in scope entities”), subject to limited exceptions.

Updates on Hong Kong’s Uncertificated Securities Market Regime from an offshore perspective

The USM implementation plan covers HKEx-listed companies incorporated in Bermuda, the Cayman Islands, Hong Kong and Mainland China.

President Ali announces measures to strengthen Guyana’s financial system

Credit card clearances jumped from US$91.3 million in 2023 to US$347.5 million in 2024, and have already reached US$252 million in 2025.

Central Bank warns of deepfake scams targeting financial consumers

The Central Bank emphasized that official notices are issued only through its verified website and official communication channels.

What Malta's New MiFID II Passporting Guidelines Mean For Investors

For investors, this development is more than a regulatory update – it is a signal of stronger safeguards, clearer accountability, and enhanced trust in the Maltese financial market.

Central Bank report: Arrivals up 8.5% from Jan.-Aug. 2025

The CBOB also explains in the MEFD report that “Growth in tourism sector earnings slowed in comparison to 2024, owing to accommodation capacity constraints in the stopover segment.”

BMA advances tougher disclosure rules for life insurers

Concerns were also raised about the volume of disclosure at the security-specific level, as well as the operational burden on run-off entities.

CRS 2.0 and Cayman funds: Preparing for the next wave of global transparency

Fund administrators will need to enhance onboarding systems, investor portals and compliance processes

New Regulations For Bank Overdraft & Limit Fees

Institutions that fail to comply will commit an offence punishable by a fine.

HSBC strike suspended again as union and bank officials meet

The strike will be suspended at 4.30pm, according to a new union directive

How to Prepare for Cayman Islands Economic Substance Returns

Getting an early start to annual Cayman Islands economic substance regime filing allows ample time to prepare paperwork and confirm compliance with advisors.

BML Credit Card limits to be increased from February onwards

Similarly, the limit on BML Gold cards will be increased from USD 750 to USD 1500, and on Platinum cards, from USD 1500 to USD 2000, the President said.

Government launches Cayman property price index

Some private-sector players already have their own pricing data, while the Cayman Islands Real Estate Brokers Association (CIREBA) also lists property prices.

Rate cut expected

Analysts forecast BOJ reducing its policy rate Monday as inflation falls below target

Isle of Man's latest MONEYVAL evaluation now only a year away

‘Being placed on a “grey list” can have a serious and long-term economic impact’

Tynwald approval sought for new Minimum Wage rate to reach 66% of median earnings

The Department offers a range of support for businesses, including funding, training and advisory services that can be accessed to support a range of initiatives.

Reforms proposed for fairer banking

We will also advance reforms to address the overall structure and level of bank fees in Bermuda.

New Cayman Islands beneficial ownership access rules: what fund managers and lawyers need to know

An original version of this article was first published in Edition 143 of the AIMA Journal, September 2025.

Regulation, Risk & Compliance