09/18/2023
"New rights, enshrined in law"
[Trading Standards Service] have also updated their pages on gov.gg
Regulation, Risk & Compliance
09/18/2023
Mauritius revoked licences of firm linked to Adani investors, reports Indian Express
The Emerging India Fund Management is the controlling shareholder of two overseas investors of Adani that are under investigation in India.
09/15/2023
Updated Guidance Notes on the Prevention and Detection of Money Laundering, Terrorist Financing and Proliferation Financing in the Cayman Islands
The Updated Guidance Notes replace the previous version issued by CIMA on 5 June 2020, as supplemented in February 2021 and May 2021.
09/15/2023
Exemptions to the licensing requirements of the Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022
The class exemptions are set out according to the type of licence that would otherwise be required.
09/15/2023
Trina Solar: A Warning Regarding Reliance on Merger Price and Deficient Disclosure in s238 Proceedings
In fact, the Court held that no weight should be given to the merger price in this case and granted greater prominence to the DCF analysis.
09/14/2023
CIMA amends guidance to accommodate e-KYC and Digital ID Systems
If applied correctly the use of e-KYC has many benefits.
09/14/2023
Guernsey Retail Group warns Goods and Services Tax would harm retail and impact communities
This would further impact on community centres, so the GRG is asking the States to consider alternatives to a tax on consumption.
09/13/2023
Guernsey States pension hike of 6.8% proposed
The proposed new policy would add a "look back" element to the current double lock
09/13/2023
Call for Sites - Guernsey's Island Development Plan
The Call for Sites is an opportunity for residents, landowners, developers and organisations to suggest land in Guernsey that is both available and suitable for development
09/13/2023
Merger of Bermuda Companies
It deals in broad terms with the requirements and procedures under Bermuda law for effecting such a merger.
09/13/2023
Update: CIMA regulated fund filings
Funds with financial year ends falling subsequent to 31 December 2022 are still obligated to file their audited financial statements
09/13/2023
Michael Martin serves great leadership in strengthening of St Kitts and Nevis CBI
Michael Martin- the Citizenship by Investment Unit of St Kitts and Nevis has been working to strengthen the programme to retain its position in the investment industry.
09/12/2023
Confederation of Guernsey Industry warns population law is ‘damaging Island way of life’.
Businesses affected by this are struggling as the staff they employ are classed as unskilled, but they are not.
09/11/2023
Revised AML Guidance Notes on e-KYC and Remote CDD / Ongoing Monitoring
The amendments support FATF-issued guidance on digital identification and provide for remote onboarding of clients and the use of e-KYC and digital ID technologies on an ongoing basis, where appropriate based on the risk assessment of clients.
09/11/2023
GFSC puts risks posed by PEPs under microscope
THE way that Guernsey financial services firms manage the risk posed by politically-exposed persons, known in the industry as PEPs, has been under the microscope of the Guernsey Financial Services Commission.
09/11/2023
Employers: are you keeping track of your workplace pension?
This figure will increase over the next five years with the widening scope of auto-enrolment and pay rises pushing up contributions.
09/08/2023
Conduit Re installs Phinsys systems
Phinsys software enables insurers to conform data from multiple disparate systems into a single, scalable finance data warehouse
09/08/2023
Asian Captive Conference 2023: The Connected Risk Journey in Self-Insurance
Steering the risk journey in an ever-shifting captive landscape
09/08/2023
Vesttoo uncovers conspiracy at executive level
This comes in the wake of the company filing a first interim report with the United States Bankruptcy Court for the District of Delaware.
09/07/2023
Director Registration Regime
Details on the regime which explain who should register, the application process for registering and the regulatory obligations upon them are available through the Director Registration Regime page.