Managers of Wealth Offshore

Updates to Banking Codes following changes to depositor compensation

This standard sets out how banks must explain the scheme to customers

Guernsey introduces seven-year deferral for taxation of share-based awards

This seven‑year deferral model is a departure from previous practice

Trusts (Jersey) Amendment Law 2026

The Trusts Amendment is about clarity and confirmation to reflect industry practice. It is not about fundamental change.

New financial services bills will expand opportunities, PM says

This amendment strengthens our system in several important ways.

Jersey clarifies secured creditors’ statutory priority over trustee liens

A central feature of Jersey trust law is that trustees hold a lien over trust assets

Navigating Bermuda’s New Recovery Planning Requirements: A Roadmap for Commercial Insurers

Along with the Guidance Note, BMA also released a Stakeholder Letter (Letter) which contains the BMA’s responses to industry feedback on the prior iteration of the Guidance Note (released on 10 April 2025).

Housing rules to allow families to retain inheritance land

President Muizzu said the rule would be revised so that land exceeding the 400 square foot threshold can instead be transferred to a family member, including a spouse, child or sibling.

BOJ moving to strengthen payment services regulation

The move also comes as the central bank continues to upgrade the country’s payment infrastructure

Emerging trends in Guernsey regulatory enforcement: Lessons, pitfalls and practical guidance

The goal for the regulator is to ensure that licensed businesses did not become empty shells relying on group entities or third parties for compliance

Brazil Freezes Crypto Tax Rules

The consultation now on hold would have addressed the additional foreign exchange dimension introduced by the central bank's November classification.

Major changes to Jersey’s Residential Tenancy Law

The Tribunal can void a non‑compliant increase or substitute a lawful one.

BMA speeds up fund pre-approval process

The introduction of a clearly defined, expedited pre-approval process provides entities with regulatory certainty while maintaining the rigour of Bermuda’s oversight framework

Regulating VASPs requires global consistency

The report identifies several concerning practices.

Capital treatment for Bermuda insurers investing in structured assets

A structure that looks attractive on the asset side does not automatically produce a durable Bermuda outcome.

Central Bank Highlights Focus Areas for Payment and E-Money Firms

Firms should proactively review their frameworks in these areas in anticipation of the CBI’s planned thematic reviews and supervisory engagements throughout 2026.

A general introduction to employment law in Jersey (Lexology)

Employers should also consider and offer suitable alternative roles where available, and employees are entitled to reasonable paid time off

Guernsey named as Reform’s latest controversy hits the headlines

The newspaper quoted him as saying that he has only done what many other people do to ensure they pay the minimum tax possible.

Cayman Islands dollar ranked eighth strongest currency globally

Financial experts noted that the strength of the Cayman Islands dollar is sustained by the territory’s robust financial services sector

Re-revised immigration law to be in effect next month

The amendments also allow WORC to collect expedited processing fees for grant applications

Shareholder activism in Bermuda

Bermuda law allows for many of the same types of anti-takeover defence mechanisms that may be familiar in foreign jurisdictions such as the United States.

Regulation, Risk & Compliance