03/21/2023
Island sees rise in unemployment
Equates to an unemployment rate of 0.7 percent.
Comment, Analysis & Research
03/21/2023
Gender pay gap could take decades to close
CURRENT trends indicate that pay parity between men and women could take decades to achieve.
03/20/2023
HSBC publishes research on financial frictions for customers relocating to Channel Islands
The study, conducted by Ipsos UK, surveyed over 7,000 adults across nine international locations – including the Channel Islands and Isle of Man
03/17/2023
Islands have low levels of female unemployment
"We need to get away from the notion that equality, diversity and inclusion is a 'nice to have'.
03/16/2023
How would an increase in interest rates affect you?
Local banks are under pressure to raise deposit and loan rates. Here's why.
03/16/2023
Directors' duties in the zone of insolvency: An offshore view
Consequently, although not binding, decisions of the English and Commonwealth Courts are generally persuasive where there is an absence of local authority.
03/16/2023
Crestbridge invites applications for its ‘eye-opening’ 2023 trainee programme
The programme provides applicants with the opportunity to work in different areas of the business on rotation.
03/14/2023
JTC Raises Over £100000 Through Employee-Led Fundraising Initiative
JTC also made donations to support all the selected charities, with the Isle of Man team receiving an additional £500 donation towards their chosen charity for 2023 in recognition of being the Group’s ‘top fundraiser’ per employee.
03/13/2023
COVID-19 Luxembourg Update: Exceptional Measures Applicable to Companies Ends
The period of application of the exceptional measures provided for by the law was extended several times during COVID-19 and finally ended on 31 December 2022 in view of the improvement in the overall health situation.
03/13/2023
Bahamas on track, but ‘slow spending faster’
During this period, Santander said the total deficit had increased by 75.2 percent year-over-year - from $145m in the 2021 calendar year’s fourth quarter to $254m in 2022.
03/10/2023
The Next Generation of Corporate Rescue in the Cayman Islands: Lessons from Re Oriente Group Limited
The Amendment Act is significant in that it introduced a new regime for the restructuring of financially distressed companies.
03/10/2023
Directors’ Post-Liquidation Duties under BVI Insolvency Law
The decision arose out of an application by the liquidators of a BVI company (hereafter, the Company) and appears to be the first time that this issue has been addressed by a Court in any jurisdiction (at least in a published judgment).
03/08/2023
Collas Crill In Conversation: Gender Diversity In The Legal Industry
At Collas Crill we continually strive to make our firm a place where brilliant people are proud to work.
03/07/2023
HIGHVERN celebrates its own Power Woman
As one of just eight Guernsey professionals shortlisted for the award, Kerrie faced a public vote and a judging panel consisting of 10 esteemed female industry leaders.
03/07/2023
Premier calls for more diversity in the boardroom as trailblazers are honoured
And he said more work had to be done to make sure there was diversity, not only at the entry level in business, but also in the board room.
03/07/2023
Coralisle Group ratings affirmed
The agency noted that the integration of CG United with CG’s existing operations was proceeding on schedule while completing “major milestones” including the rebranding of Massy United to CG United and the combining of their reinsurance
03/07/2023
Outward migration of a Luxembourg company
Cross-border corporate migration is the transfer of an existing company incorporated under the law of one jurisdiction to a new host country without interruption of its legal personality and without having to be wound-up.
03/02/2023
James River backs away from casualty reinsurance
James River had already seen GWP decline by 54% year on year in Q1 2022, citing non-renewal of several treaties at the 1.1 as the group moved to reposition the portfolio.
03/01/2023
When dynasties rise: how family businesses are becoming drivers of change
Governments and the judiciary are playing catch-up, but some jurisdictions are recognising the need to adapt and welcoming this new wave.
02/27/2023
Collas Crill explains… The Island Development Plan (part 1)
A parallel review of the planning law, ordinances and regulations is also due to be carried out, with the aim of identifying opportunities to streamline future development plan preparation and review processes.