Managers of Wealth Offshore

CSP amendment regarding government financial support to businesses approved

Other concerns included the potential for duplicating existing scrutiny and reporting mechanisms for government expenditure and business support schemes

Central Bank of Ireland's consultation on guidance for the management of third-party risks: implications for fund service providers

Final guidance is expected to be published in Q1 2027.

Ogier and MJM formalise alliance after strong start to joint client work

The Association Agreement puts that collaboration on a formal footing, providing for co-ordinated, commercially focused advice.

Conduit cuts back on property business as rates soften

Conduit said it was shifting its property portfolio towards higher-margin, excess-of-loss contracts, which cover claims above an agreed threshold.

Maldives needs financial assistance to adapt to climate change: President

The President stated that the Maldives is turning its targets into practical action in establishing food security, energy, and water resources.

Jersey Electricity announces 2.5% tariff increase from March 2027

According to independent benchmarking cited by Jersey Electricity, the proposed domestic tariff of 24.82p per kWh is approximately 17% below comparable UK prices and 3% below the European Union average.

Mauritius’ Central Bank Tightens Policy As Inflation Runs Hot

The Bank of Mauritius raised its key rate 25 basis points to 5.0% after October inflation hit 6.4%, above its 2%-5% target band.

Butterfield advances CIBC acquisition

During the quarter, we received shareholder approval for the acquisition and submitted the required regulatory applications

Bank of Maldives suspends all Russia-linked financial transfers

Bank representatives emphasised that Russia has been placed on a list of countries subject to restrictions on financial transfers, meaning that all Russia-related transactions have been suspended.

Reinsurers defend Cayman’s US recognition bid

Most of the international reinsurance companies based in Cayman provide capacity for the US market

Jersey Merger Control Changes – Effective 1 November 2026

The JCRA has published supplementary guidance on financial services mergers.

January starts now: Stay ahead of Cayman's key 2027 compliance deadlines

January deadlines can arrive quickly, particularly where entities have complex structures, multiple filings or regulated status.

Bermuda employment law changes on disciplinary action and dismissal: What employers need to know

The Act establishes a 'Naming Register for Unpaid Tribunal Awards' on which an employer may be named if they fail to pay an Employment and Labour Relations Tribunal award or civil penalty on time.

SARS makes it harder for South African trusts to send money offshore

SARS later clarified that it would consider approving these distributions, provided certain conditions were met.

Banking Reforms Strengthen Consumer Protection and Access To Basic Accounts

These provisions are intended to help eligible consumers access basic banking services

Carey Olsen, Kroll and IQ-EQ support Gyld Finance in securing Jersey consent to issue tokenised bonds

Tokens are backed one-for-one by underlying bonds held in regulated custody.

Promoting Jersey’s Funds Expertise in South East Asia

Jersey offers a range of fund and corporate vehicles to suit different strategies and investor requirements.

Channel Islands businesses warned against complacency over cyber threats

The report highlights how AI is increasing the speed and scale of cyber threats

Employment Act amendments now in force: tougher rules for disciplining and dismissing employees in Bermuda

Each is therefore subject to the EA's requirement that all disciplinary action be reasonable.

Barbados rules out citizenship by investment under new immigration policy

Under the new policy, permanent residency pathways would be established for both individuals investing in private sector projects and those contributing to specified national development projects.

Regulation, Risk & Compliance