03/27/2023
By way of background, the Amendments to the Bermuda investment business regime widened the Authority's scope of supervision over investment businesses and as a result, new categories of registered persons were introduced.
03/27/2023
The minimum level of contributions will initially be 2% of earnings, with at least 1% paid by the employer.
03/27/2023
The CSA consisted of three distinct phases comprising the issuance of a qualitative and quantitative questionnaire to UCITS management companies ("UCITS Mancos"), a desk based review and virtual inspection calls.
03/24/2023
The underwriting criteria for oil and gas extraction are part of an ongoing collaboration and consultation with environmental stakeholders and experts.
03/24/2023
The monies came from Alameda Research, the private trading vehicle owned by FTX co-founder Sam Bankman-Fried, whose investments were heavily financed by funds misappropriated from the crypto exchange’s clients without their knowledge.
03/24/2023
Guernsey has a long history of innovation.
03/23/2023
The Jersey LLC regime came into force following the adoption of the Limited Liability Companies (Jersey) Law 2018
03/23/2023
In 2020 the FATF revised its Standards to require countries, financial institutions, designated non-financial businesses and professions and virtual asset service providers to identify, assess, understand and mitigate their PPF risks.
03/23/2023
Serving the international financial services community is a key part of our strategy, which is why we have invested in this area.
03/23/2023
The Guernsey Competition and Regulatory Authority (GCRA), in line with similar bodies, looks to review the benefits of its role in the market post its interventions.
03/22/2023
Extensive engagement has taken place in order to develop a simplified, proportionate and more sustainable funding model that aligns with international best practice, while being mindful of the Island’s competitive position.
03/22/2023
Employees will have the option to opt out of the arrangements if they choose to.
03/21/2023
Cayman regulator issues statement about failed Silicon Valley Bank
The Authority is carefully monitoring developments in the market and will take the necessary actions if and when necessary.
03/21/2023
ELTIFs will allow retail investors the opportunity to invest in companies and projects that need long-term capital
03/21/2023
However, before his death in 2015, Perry transferred the company into a Liechtenstein discretionary trust, in which neither his wife nor daughter had a proprietary interest.
03/20/2023
The requirements are to be phased in, beginning with year-end 2022 reports.
03/20/2023
It also received a commendation for the wide range of topics discussed, the diversity of the guests, and the inclusion of citizens from across the Eastern Caribbean Currency Union (ECCU) in the programs.
03/20/2023
The cross undertaking in damages contained in the WFO was not fortified.
03/20/2023
On 10 March 2023, the Honourable Justice Parker handed down his decision
03/20/2023
The requirements are to be phased in, beginning with year-end 2022 reports.