Managers of Wealth Offshore

Guernsey health bosses consider increased charges to make up financial shortfall

Regarding the suggestions made by the President to scrap services, Deputy Leadbeater said there were "lots of transformational pieces" being considered.

Jersey RegTech Super Deduction

When pulling together an agenda for a PAG we know we will always have a section on regulatory issues.

AXA and Athora cancel €19bn policy transfer

The company expects the termination to have no impact on the financial targets announced by the Group as part of its new strategic plan.

Malta: MFSA Circular And Feedback Statement Re Amendments To PCC Regulations

The Consultation Papers, Circular and Feedback Statement primarily focus on the removal of non-recourse arrangements for pure captives and reinsurers, transfers of protected cells and liquidation of protected cells.

Minister announces new fintech strategy

It was one of the five pillars of the strategy that would be important to Bermuda’s digital future, he told delegates at the International Tech Summit 2024.

Cayman Islands Update: AML Amendment Regulations 2024

The bulk of the changes were to make it clear that compliance requirements apply not only in the context of anti-money laundering

Melita Business announces new cyber security solution

Further enhances cyber security resilience

Impact Jersey to launch £2m CareTech Challenge to support ageing Island population

It will be the second initiative to be launched through Impact Jersey, following the first Open Programme last year.

Premier says Bermuda on the right fintech track

The article’s photograph showed the pair in happier times as they signed a memorandum of understanding that was hoped to be to the benefit of the company and Bermuda.

OfReg Grants Import Permit To REFUEL For Sustainable Fuel Alternative

Flex fuels are largely accepted to be more sustainable than traditional gasoline as ethanol is a renewable fuel source mostly derived from corn.

Fitch: insurer credit profiles supported by BMA reforms

The BMA will also require more transparency around transactions as part of its approval process.

Banking sector urged to be vigilant in face of growing regulation

Three major legislative areas where Malta needs to focus its urgent attention on

JTC Brings Financial Community Together To Address Lasting Powers of Attorney and Service Access For Vulnerable People

Attendees then had an open discussion around what they agreed was a ‘multifaceted challenge’

Airmic and GIIA Guernsey Conference to focus on future geopolitical concerns

Delegates will hear from a line-up of speakers at both plenary sessions and nine different breakout sessions.

Eastern Caribbean Supreme Court Issues New Practice Directions

The above summary will be supplemented shortly by an article discussing the “ins” and “outs” of the newly adopted practice directions.

Carey Olsen advises Jersey Electricity on lease of land for first ground-mounted solar farm

Jersey Electricity signed an Agreement for Lease for the fields in July 2022

New offence of failure to prevent bribery – Guernsey

To remedy this, Guernsey has now introduced offences of failure by corporate entities to prevent bribery and facilitation of tax evasion

The Corporate Transparency Act: US CLO Co-Issuers and Issuer Subsidiaries

In scenarios where these vehicles are within scope of the CTA, the Maples Group provides a dedicated range of CTA services, which will significantly alleviate the regulatory and compliance burden for clients and US counsel from this legislation.

Regulation Of Moneylending In Mauritius

The Moneylenders Act was repealed and the supervision, regulation and licensing of moneylenders were entrusted to the Bank of Mauritius.

Updates to the AML/CFT/CPF Handbook

These changes have been incorporated into the updated Handbook and, where applicable, corresponding rules and guidance have also been amended.

Regulation, Risk & Compliance