Managers of Wealth Offshore

Antigua and Barbuda Receives First Allocation Under Bank Financing Arrangement

He said the $67 million was used to settle money owed to the locally-based Finance and Development Company Limited

Cayman now in assessment stage of key financial evaluation

The premier noted that Cayman’s authorities would undergo additional training while the jurisdiction is in constant contact with the task force’s secretariat.

Proposed EU rules could raise public costs by up to €56m a year

Economy ministry highlights impact of proposals in letter to European Commission

Cayman reinsurers challenge proposed US capital requirement

It also calls for a separate change to recoverability requirements for reinsurers with lower financial strength ratings.

CIMA creates second chief supervision officer role in restructure

Glidden has more than a decade of regulatory experience and has held several senior positions at CIMA.

Sark’s tax laws amended too

“The proposal to restrict Box 2 is a limited and targeted change for the 2027 tax year,” she explained.

CIMA set for greater control over management committee structure

The amendments align CIMA’s governance arrangements with the Public Authorities Act and formalise executive titles introduced after the authority’s restructuring in November 2024.

Budget for economic growth proposed by P&R

Scrutiny Management Committee President Andy Sloan criticised the decision to publish two budgets.

Banks still refusing credit cards, watchdog says

"The last time they were involved... Jersey was slamming the door shut, so they have switched off and turned their attention elsewhere," he said.

Collateralised fund obligations and the Cayman Islands

The economic risk in that structure remains rooted in the underlying funds

“Episodes of misconduct confirm the need for urgent regulation” – Chamber of Advocates president

“This is not a recent awakening but a sustained, principled campaign that has outlasted multiple ministers,” calling the situation “profoundly ironic and almost paradoxical.”

Jersey’s new merger rules take effect on 1 November: What businesses need to know

Mergers can benefit Jersey’s economy by supporting growth and investment

Bowe: CFATF assessment carries major banking stakes

The objective is to be able to identify it early, to report it to the authorities and to largely enable them to freeze the funds and reclaim them for the benefit of the state, meaning the country itself,” he said.

Mayberry launches managed portfolio for idle Jamaican-dollar cash

Clients will hold the underlying securities directly in their own names and can access portfolio reporting through Mayberry’s client portal and mobile application.

Barita Investments takes steps to offset BOJ interest rate hike

According to Mr. Ferguson, these additional income streams should help to offset the higher interest costs Barita will face on customer deposits.

Police certificates become part of BMA vetting

A person who has lived in several countries may face a more involved process.

Jersey simplifies its Financial Services Framework

The Control of Borrowing framework was created for a different time and a different economy.

New rules clarify criteria for beneficial ownership data access

The amendment clarifies the treatment of certain ownership and control arrangements for the purpose of identifying beneficial owners of Bermuda-registered or incorporated legal persons.

Jersey businesses set for simpler rules as government targets international growth

Further changes to Jersey’s Control of Borrowing framework, known as COBO, have also been proposed.

Government reviewing future of Cayman Islands Development Bank

It states that concerns have been identified regarding the CIDB’s programme effectiveness

Regulation, Risk & Compliance