07/19/2022
Digicel signs partnership with St Vincent and the Grenadines
The deal through the National Telecommunications Regulatory Commission connects Vincentians to opportunities
Regulation, Risk & Compliance
07/19/2022
Dutch central bank fines Binance 3.3M euro for operating without registration
The registration application is currently under review.
07/19/2022
Power struggles: challenges based on capacity and undue influence
The beneficiaries may seek to take active steps themselves, particularly where their interests may have been prejudiced by any such purported exercise of powers.
07/19/2022
The EU AML List and the European Securitisation Regulation: Cayman Islands Update
The addition of the Cayman Islands to the FATF Grey List came despite Cayman being considered as compliant or largely compliant in 39 of the FATF's 40 recommendations and having completed 60 out of 63 FATF Recommended Actions.
07/19/2022
Competition Regulator paves way for more competition in the business connectivity market
Data shows that there were 1,005 leased lines in use in Jersey in 2019, worth £11.8m in annual revenue, or 10% of the overall wholesale market.
07/18/2022
The price of an interlocutory injunction
The JCPC rejected the submission that damages need not be restricted to losses sustained during the period for which the injunction was in force.
07/18/2022
Guyana Government reviewing applications for merchant banks
We may need to even change the bank supervision rules. But if the current commercial banks are not fit for purpose or are not aggressive enough.
07/18/2022
CIBC FCIB assures orderly transfer of client accounts in SVG, St Kitts
We commit to providing you with the necessary communication to ensure you know precisely when CIBC FirstCaribbean’s service ends and BOSVG’s begin and what that means for the management of your accounts.
07/18/2022
MiCA and Central Bank Feedback on VASP Registrations
Regulators have long been concerned that trading in crypto-assets lacks a sufficient degree of transparency, protection and redress for consumers or retail investors.
07/18/2022
The international architecture for financial regulation
Financial crises and failures generate political often lacking normally
07/18/2022
Time is Ticking: Guernsey Charities to comply with new law by 31 july 2022
For those involved in Guernsey charities, there is a very short deadline of 31 July 2022 to comply with the new regime.
07/18/2022
Banks blasted by PLP as BMA gets new regulatory powers
Financial institutions will also have to provide details of their business practices on request from the BMA under the new law.
07/17/2022
Ogier Trade Marks Prosecution fact sheets
Our IP experts are pragmatic and commercial in their approach to providing IP solutions for all types and sizes of business
07/15/2022
Guernsey playing its part in protecting pension members from harm
In this blog for WE ARE GUERNSEY, Margaret discusses the definition of a scam, how to spot the tell-tale signs and how Guernsey is also playing its part in protecting pension holders from scammers.
07/15/2022
UK Update - Jo Kitcat, July 2022
Caroline Bradley from the Guernsey Financial Services Commission gave a regulatory update
07/15/2022
States approve new minimum wage proposals
Deputy Roffey advised the Assembly that the proposals, which were ultimately approved, were “significantly above inflation”.
07/14/2022
Carey Olsen and Highvern lead on launch of Capital Pilot's systematically driven venture capital fund for UK startups
Carey Olsen acted as lead counsel to Capital Pilot on the fund launch
07/14/2022
Banks and regulator seek to ‘mute’ cheque-end dissent
The Central Bank, together with commercial banks and the wider financial services industry, view the elimination of cheques as another key step in the evolution of digital payments channels and efforts to drive ever-increasing numbers of Bahamians to use
07/14/2022
Cutting red tape to new investors
Suggesting that only projects worth $100m or more go before the NEC, which is really the Cabinet or a Cabinet committee/sub-committee, the report said the political directorate’s role was viewed by investors and their advisers as “non-value ad
07/14/2022
CRS – Requests for information and breach notices issued by email
The DITC typically sends any requests for information in relation to a financial institution (FI) to the email address provided