03/05/2024
Moderate economic expansion expected this year, says Central Bank
The CBOB said it expects the government’s net financing gap to continue to shrink, with the government relying more on internal borrowing than external borrowings.
Regulation, Risk & Compliance
03/04/2024
AM Best removes two Validus entities from under review
Validus Re and VRS were both acquired as part of RenRe Holdings’ purchase of the treaty reinsurance business of American International Group Inc, in a transaction that closed last November.
03/01/2024
Africa Specialty Risks doubles parametric capability
The parametric approach to reinsurance championed by ASR facilitates the flow of capital to support vulnerable populations.
02/28/2024
Regulatory update Cayman Islands Q1 2024
The Policy seeks to ensure that, where CIMA acts as the home or host supervisor with respect to a regulated entity that is part of a group
02/27/2024
Pressure on Guernsey Home Affairs over private law firms spending
Mr Prow said any suggestion from Mr St Pier that the States should not defend itself against "baseless or malicious claims" was "ridiculous".
02/27/2024
Jersey Finance Now an Accredited Member of DIFERA
It is important to be able to express six values authentically to create a positive and empowering environment.
02/27/2024
Serving the needs of the present and future Maltese financial industry
As regulators, we re-define what we achieve from financial supervision
02/26/2024
Last chance to register or renew with ODPA
These levies enable the Authority to fulfil its mandate as the Bailiwick’s independent Data Protection regulator
02/26/2024
FATCA / CRS update: Jersey consultation announced
This proposed amendment is intended to clarify that a trustee of a trust who is not acting on a professional capacity is still subject to the investigative powers of Revenue Jersey.
02/22/2024
The Future of Banking in Malta
The primary challenge for the sector is to run its core functions in a way that achieves its own objectives while meeting the needs and expectations of a plethora of stakeholders in parallel.
02/22/2024
Appleby provides Regional overview on fintech Laws and Regulations in 2024
Published as part of The Legal500 Fintech series, the aim of this guide is to provide its readers with a pragmatic overview of the law and practice of fintech law across a variety of jurisdictions.
02/22/2024
Part 2 – Conyers Successfully Applies For Receivership Order Against Cayman Islands Segregated Portfolio Fund Within 3 Months
When Conyers was engaged by the Petitioner, there were multiple investors in the Fund who had submitted requests for the redemption of their shares and had not been repaid.
02/22/2024
Guernsey Financial Services Commission Handbook updates evidence ‘proactive approach’
Proliferation financing is the provision of funds or financial services used for the manufacture, acquisition or possession of nuclear, chemical or biological weapons.
02/21/2024
The Bahamas Removed From The European Union’s List Of Non-Cooperative Jurisdictions For Tax Purposes
The removal of The Bahamas from the EU’s list clearly underscores the significant progress made over the past year
02/21/2024
Collas Crill Compliance opens Jersey branch
Following four years of continued growth in Guernsey and Jersey, Collas Crill Compliance now offers a physical presence on both islands
02/21/2024
A page out of Malta’s banking history: the Malta Government Savings Bank
A look at the rise and fall of the bank from its birth in the early 19th century
02/20/2024
New minimum wage plans to be proposed in Guernsey
The States said it had "gradually increased" since 2019 and was on course to meet its current medium-term plan of the minimum wage being 60% of median earnings by October 2024.
02/20/2024
British Virgin Islands Regulatory Obligations and Filing Deadlines 2024
Licensees should submit their compliance report through their appointed authorised representative, Maples Authorised Representative Services (BVI) Limited.
02/20/2024
Successful Implementation of MTS Unleashes New Era in Taxation for Grenada: enter GTAX
Imagine the IRD transformed from a stern tax collector into a supportive partner, guiding taxpayers through the process and making life easier.
02/20/2024
ECCU Growth Outlook Positive Despite Global Economic Headwinds
According to the Governor’s report, the global economy responded well to COVID-19 and is likely to remain resilient in 2024.